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No More Than Five Iowa Casino Licenses to be Awarded

IOWA -- With the decision made about how many new casino licenses will be approved, the state's gambling commissioners now must narrow their choices and decide which of 10 applicants will get a license needed to build a new casino.

A majority of the commissioners decided last week to approve as many as five new licenses. They'll make their final choices Wednesday.

"The things I'll look at will be economic viability, utilization of Iowa resources, gaming integrity, economic development and tourism, employment opportunities and revenue sharing with the nonprofit," said commissioner Kate Cutler, of Council Bluffs.

She was willing to grant as many as six new licenses, but three other members set their top limit at five.

Copyright © Las Vegas Sun. Inc. Republished with permission.

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