Local Investors Looking to Open Cedar Rapids Casino

The investors, led by Steve Gray, financed an anonymous phone survey that contacted more than 600 Linn County residents in June and polled them on their support for a Cedar Rapids casino. Gray says the results were positive and the group will now fight to make their casino the 19th to open in Iowa.

Gray says the potential casino would be an “urban destination,” offering restaurants and spaces for weddings and meetings. He says this will make it different from other Iowa casinos, where many casino officials are worried a new Cedar Rapids casino would have a negative effect on their business. Particularly the Riverside Casino and Golf Resort, which opened near Iowa City in 2006.

Gray said he expects to appear in front of the Cedar Rapids City Council and the Linn County Board of Supervisors next week. Gray’s group of investors is seeking a memorandum of understanding from each that is designed to get backing for the project.

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