Iowa City Considering Purchasing Rhythm City Casino

Iowa City Considering Purchasing Rhythm City Casino

 

The city council discussed the purchase of the casino at a meeting this week and they will have a vote on buying the Iowa casino on October 24. The city is looking to develop the property into a land-based casino that would most likely be located downtown.

The transaction would likely be completed by 2013 and a land-based casino could be open by 2015.

According to those who support the purchase of the casino by the city, a locally owned land-based casino would allow more revenue to be put back into the community and to assist nonprofit organizations through the Riverboat Development Authority.

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