JOHNSTON, Iowa — The Iowa Racing and Gaming Commission said Thursday they don’t plan to grant any new casino licenses in the near future.
“For the remainder of my term, I have very little desire to consider any new license applications in that time,” commission chair Jeff Lamberti said during a meeting at Stoney Creek in Johnston.
Lamberti’s term ends April 30, 2017.
Recent studies indicate Iowa’s market cannot handle another casino. After voting 4-1 in April to deny a license to Linn County’s proposed casino in Cedar Rapids, it didn’t look good for Greene County. However, in June the IRGC voted to approve the county’s casino 3-2.
Ground broke at that $40-million development in mid-July.
Our reporter at the meeting says the other commission members echoed Lamberti’s stance.