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US – Cedar Rapids Development group looking at land for Cedar Crossing casino

By - 28 June 2023

The Cedar Rapids Development Group, which includes casino operator Peninsula Pacific Entertainment, is pursuing land in northwest Cedar Rapids in Iowa, in the hope of developing a casino there.

The aim is to build a $250m, 160,000 square-foot entertainment and cultural arts complex called the Cedar Crossing casino. The council has confirmed a public hearing date to consider the development on July 11.

Jonathan Swain, President of Peninsula Pacific Entertainment, said: “I’m perpetually optimistic both about the commission and the Legislature. All we ask for is the opportunity to present our case before both bodies and make this opportunity for Cedar Rapids come to life.”

The Cedar Rapids Development Group is made up of local investors, Linn County Gaming Association and and Peninsula Pacific Entertainmen. They will apply for a gaming license with the Iowa Racing and Gaming Commission after the state moratorium on new licenses ends in June 2024.

Mr Swain added: “I’m always optimistic, it’s my nature. I think that really all we want is a fair opportunity to present our case for people who are open-minded. I hope that all commission members are open to the idea.”

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