Forrest, state law requires this Nonprofit Partnership . Casinos in iowa have to have that nonprofit partner. Itll not only hand out a cut of the gaming revenue, but hold the gambling license. Wild rose has joined forces with the newlyformed sevenmember board, cedar River Alliance for gaming or crag. Members say, a green light from the state, will mean millions for the county. Plans are still in the works, but if this becomes a least 4 of annual gaming revenue. Thats more than the state minimum of three. It could add up to a lot of money for charitable needs in the county. Wild rose is averaging about 1. 5 million per casino. Given that ours is probably that were the second largest city in the state wed be north of that. The boutique would be smaller than the last proposal by Cedar Rapids Development group. This time, fewer games, no restaurants. The total cost is a fraction of rose thinks the size reduction will decrease the amount of revenue loss felt by nearby casinos a Sticking Poi
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