Tag Archives: Rivers Casino

For Linn County Gambling??


Why the Investors Express Track for a Gambling Election?

Train_wreck_at_Montparnasse_1895

Speculation – Who will run the train wreck and can pay the fare?

http://www.bloomberg.com/news/2011-06-17/station-casinos-exits-bankruptcy-after-almost-two-years-in-chapter-11.html

Speculation – Cedar Rapids Station will be where?

https://www.sclv.com/

Don’t whistle brakes

For Linn County Gambling??

 

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A Casino? Yes or No


Just Say No Casino, the group opposed to a Cedar Rapids casino

Vote Yes Linn County, the pro-casino campaign
One has to wonder if the investors of this casino did any research and exactly who these investors are!  After doing my own research I found the casino that Mr. Gray would like to emulate is losing money.

“Gray also singled out the Rivers Casino, a downtown casino in Pittsburgh, Pa., adding that he envisioned that a Cedar Rapids casino will be “”urban, metro and upscale” not unlike the Pittsburgh one.”
“Ira Schulman is one unhappy property owner.  A principal in the ownership of Rivers Casino, he has dubbed the North Shore gambling palace a “bad investment,” claiming it has lost $200 million in equity since it opened in August 2009.”  Read more: http://www.post-gazette.com/stories/business/news/key-owner-says-rivers-casino-is-terrible-investment-633146/#ixzz2Ij9KULYs