- Fatal Shooting at AZ College
- DSM Airport Suffers Blackout
- Your Voice, Your Future Townhall: Connects Against Crime
- Oxford Gas Leak Prompts Evacuations
- UI Sexual Assault Report Increase
- Standlee Pleads Not Guilty
- Fire Happened "In the Blink of an Eye"
- Missing Cobra Found
- Hajj Death Toll Skyrockets
- Gov. Branstad Visits Marion
- JOCO Health Officials Draft Report
- Selena Gomez Battling Lupus
- McCarthy Withdraws from GOP Speaker Race
- North Liberty Company Expanding
- France Train Hero Stabbed in CA
- Iowa Fashion Project Launch Party at FilmScene
- Fugitive With Ties to Iowa on the Run
- RAW: Republican Presidential Candidate Carly Fiorina on Russia, Putin and other Republicans
- Privatizing Medicaid Savings Estimated
- RAW: Republican Presidential Candidate John Kasich on Syria, Russia and ACA
- No-kill Shelter Raffling off Gun
- Prison Officials Considering Tech Upgrades
- Dems Preparing Legislation to Curb Guns
- Clinton Turns Benghazi Ad To Her Side
- Coast Guard Ends Search For Crew
- Charges Filed After SUV Hits Home
- Fill the Boot Check Presentation
- Mayflower Hall Brings Back IOWA Tradition
- Iowa's Best Tasting Water Is In...
- Increase in Population, Increase in Violence?
- Iowa City Music Tradition Uncertain Future
- Created in the Corridor: Light Awake
- RAYGUN Coming to Cedar Rapids
- Trump in Waterloo
- Tronca Sentenced to Life in Prison
- Quite a Journey for Shellsburg Family Car
- Clinton Opposes Pacific Rim Trade Deal
- Chrome Horse Conversion Gains Support
- Details of Oregon Gunman's Death Revealed
- Clinton Flexes Muscles to GOP
- Clinton Gun Control Plans
- UI Research Has Worldwide Impact
- New UI President Plans Outreach Events
- House Conservatives Oppose McCarthy
- CR Man Charged After Police Chase
- Back Porch Revival Tickets on Sale Now
- Health Insurance Website Gets Overhaul
- Man Accused Hitting Person with SUV inside Home
- Results from Diversity Focus Survey
- Iowa City Plans to Study Minimum Wage
Decision on Linn Co. Casino in April
Updated: Thursday, October 10 2013, 08:49 PM CDT
DUBUQUE (CBS 2/ FOX 28)--The plan to bring bright lights, slot machines, and dreams of winning big to Cedar Rapids is one last step from coming true.
The Iowa Racing and Gaming Commission decided Thursday to hold a vote on April 17th on whether or not to give investors a gaming license to build a new $150 million dollar casino.
"We've been at this for the better part of three years, said lead investor Steve Gray. We are so optimistic in looking forward to the next steps."
But before bringing a Vegas-style venue to the city, investors have a few deadlines to meet.
On January 9th, investors have to show commissioners how the casino will be financed.
After that, they'll present DCI background checks on investors and hold a site visit before the final vote.
"That's very critical in terms of our decision making," said Commissioner Jeff Lamberti.
With 18 casinos already in Iowa, the commission says they'll also use two market studies to see what kind of impact a new casino would have.
"We're not pure competition where people can put a casino wherever they want so one of the factors is what is the economic impact," Lamberti said.
Riverside casino CEO Dan Kehl fears his casino would be impacted the most.
"It's going to be devastating to the Eastern Iowa market," Kehl said. "To plump a casino right in the heart of our market, I don't think the commission would do that."