“On Monday, Vote Yes Linn County released a list of 58 investors, including the group’s leader, Steve Gray.”
“In recent days, the Vote Yes Linn County campaign had said the investor group was larger, but Marcia Rogers, the campaign communications director, on Monday said she had misspoken.”
Marcia, Marcia, Marcia, 58<100+. Is this a spinning of all stock investors in the casino? The numbers just don’t add up.
$100million/58=$1.724million each. Are these 58 admitted “local” investors up to capitalizing the $100 million it will take to get a casino up and running?
State gambling regulators will want the truth, the whole truth and nothing but the truth. Iowa’s gambling regulators will want to know all involved and their stake in the game. Linn County voters should know the same.
Considering the casino gang’s reluctance to initially release any investors involved and the conflicting stories, we must resort to speculation:
If you are willing to invest based on conflicting and incomplete information, place your bets.
Vote Yes for Linn County Gambling
- A Casino? Yes or No (cedarrapidsactivist.wordpress.com)
- Non-profits at Center of Debate Over Proposed Linn County Casino (kcrg.com)
- Group opposing Cedar Rapids casino releases first TV ad (thegazette.com)
- CasinoClash ’13 update – Vote Yes lists investors, well, most of them (thegazette.com)
- Linn County casino vote set for March 5 (thegazette.com)