- 1 Killed in Cedar Falls Crash
- CONSUMER ALERT: Blue Bell Creameries
- Dog Flu "Definite Possibility" in Iowa
- Ed. Leaders Discuss New Learning Model
- State Administrator Leaves in Shakeup
- Remembering a Friend and Co-worker
- CR Traffic Cam Appeal Documents Released
- 5.3 Mil. Chickens to be Killed Due to Bird Flu
- Town Deals with Resignations
- Mom Gets Life in Prison for Killing Babies
- Kraft Ditching Dyes In Mac & Cheese
- Students Dive into Minnow Tank
- Amazing Mother Daughter Reunion
- A Stroll Through History
- US Warship Prepares To Block Iran Weapons
- IA Spending More on Road Repairs
- Alliant Energy Adds Bird Protections
- 4/20 Celebrated in Mile High City
- CNN/ORC Poll Finds Tight Race
- Names Released in Urbandale Deaths
- Branstad: City Plan A Mistake
- Another Fence Jumping Incident at WH
- Ethiopia’s Lelisa Desisa Wins Boston Marathon
- Former DM Police Officer Found Dead
- Engaging Victims, Empowering Victims
- Iowa DOT Spending Plans
- Probe Prepares for Final Mission
- Were You Healthier Than Your Kids
- 3 Injured in University Cookout Shooting
- Residents Return Home Following Wildfire
- Thousands Turn Out for CBS 2 Your Health Expo
- Eat Drink Local Week Kicks Off
- Oklahoma City Marks 20 Years
- UIHC Celebrates Organ Donations
- Friends, Witnesses React to City Employee's Death
- Mayor Proclaims Money Smart Week
- Iowa City Police Investigate Dog Bite
- Jail Time Could be Eliminated in Dubuque
- Questions Raised Over Changes in Medicaid
- Heavy Rains Pound Texas
- Big GOP Names Meet in New Hampshire
- Weapons Investigation Leads to Arrests
- 1 Critically Injured in Motorcycle Crash
- CR City Worker Dies Following Crash
- 3 Stabbed in Hiawatha Mobile Home
- IA Filmmaker Uses Movie to Voice Opinion
- Gyrocopter Pilot Driving Home
- Developing: Police Respond to Shots Fired
- Indpendent Film Festival Underway
- Comcast, TWC Merger in Trouble
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."