Iowa Casino Vote Set For Thursday
May 13, 2010, 8:40 AM
JOHNSTON, IA -
The Iowa Racing and Gaming Commission is set to vote on applications for four new casino licenses.
The commission is expected to decide Thursday on license bids from casino supporters in Fort Dodge, Ottumwa, Tama County and Lyon County.
Supporters of the proposals believe they will spur economic development and create more jobs.
Many of those opposed to awarding new licenses represent the state's current 17 casinos. They argue that adding new casinos would just eat into revenue from existing operations.
Governor Chet Culver has argued for approval of all four new casinos. Culver says they would create hundreds of new jobs and generate $250 million in economic activity.
We'll have details on the decision as soon as it's announced on KELOLAND.com.
© 2010 Associated Press. All rights reserved. Material may not be redistributed.
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