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Final Bet on Casino


CEDAR RAPIDS, IA (CBS2/FOX28)  Just 48 hours before one of the biggest economic development decisions in the citys history, Cedar Rapids leaders are packing their bags and planning their final moves in the bid for a casino gambling license. The Iowa Racing and Gaming Commission votes Thursday whether to grant a gambling license in Linn County. Its taken three years to get to this point.  Developers lined up investors, cheered voters who cast a 61% approval for a new casino,  found a building site at First Avenue and 1st Street S.W, chose the Cedar Crossing name, developed plans and held a pep rally to fire up supporters right before gaming commissioners came for a visit. Nearly one thousand people dressed in white shirts came to the Double Tree on April 2nd  to cheer for the proposal as trade unions hung out a sign touting the construction jobs that would be created if the casino is approved.  Cedar Rapids is now down to playing its final cards in a game with huge stakes and a $130 to $150 Million dollar jackpot.  On Wednesday, Mayor Ron Corbett, some city council members and a contingent of supporters head for the Iowa Racing and Gaming Commission vote at the Council Bluffs casino.  Sometime before noon on Thursday, they expect to find out if Cedar Crossing remains a dream or becomes a money making reality.
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