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Iowa casino deal reached

IOWA – As reported by Business Week: "A Des Moines company has reached a deal to buy more than 28 acres to build a land-based casino in Clinton that will be surrounded by dozens of stores and restaurants.

"Wild Rose Entertainment will spend between $30 million to $32 million to build a casino-resort that will replace the current Mississippi Belle II riverboat casino, purchased by Wild Rose last year.

"Wild Rose is coordinating the project with Valley Bluff Development Corp., a Clinton group that's working to bring about 40 businesses to the area surrounding the new casino. Valley Bluff purchased 117 acres northeast of the intersection of U.S. 30 and has agreed to sell 28.6 acres to Wild Rose.

"…The new casino will feature 650 slot machines, 20 table games, two restaurants, a 60-room hotel and a conference center…"

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