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Discussion Leads Off Iowa Gaming Application Process

4 May 2005

DES MOINES, Iowa – As reported by the Cedar Falls Courier: "A discussion of Waterloo's three competing gaming proposals led off an Iowa Racing and Gaming Commission hearing here Thursday on a total of 10 applications for gaming licenses around the state.

"Steve Dust, president of the Waterloo-based Greater Cedar Valley Alliance, presented results of an Alliance-retained consultant's report, which recommended either the proposed Isle of Capri/Lost Island Adventurepark, or the Cedar Landing Hotel & Casino project downtown, be granted a license.

"…The Alliance-commisisoned study did not recomend the National Cattle Congress' Waterloo Greyhound Park site.

"Waterloo resident Richard Clary, a financial planner, spoke in favor of the Isle of Capri/Lost Island site and criticized the other two proposals.

"…Although the various projects were to be discussed in order, the early portion of the hearing turned into a general discussion of all three Waterloo proposals…"

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