Board to consider $40 million casino in rural Iowa - KSFY News - Sioux Falls, SD News, Weather, Sports

Board to consider $40 million casino in rural Iowa

Posted: Updated: Jun 12, 2014 01:28 PM

BURLINGTON, Iowa (AP) - The Iowa Racing and Gaming Commission is expected to decide whether to grant a license for a $40 million casino development that would be located in rural central Iowa.

If approved, the Jefferson casino would be the first to be granted a license by the commission since 2010. The commission in April rejected a plan for a Cedar Rapids casino, citing market saturation.

Wild Rose Entertainment is proposing a resort that would include slot machines, table games, an events center and a 71-room hotel.

Supporters say the plan would add jobs and provide millions for charity. Prairie Meadows casino in Altoona is lobbying against the plan, warning that it would cut into its profit.

Jefferson has about 4,200 residents and sits around 60 miles northwest of Des Moines.

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