Tag Archives: Vote Yes

What if?


What if the casino measure doesn’t pass?  Will McLeod and Gray still invest on the west bank?

The suits in the articles listed in the video aboveclaim McLeodUSA and several senior executives made false and misleading statements to inflate the value of McLeodUSA stock [b]They accuse McLeodUSA of failing to disclose it lacked funds to complete its national telecommunications network and failing to take impairment losses on money-losing acquisitions in a timely fashion.[/b]
The Gazette January 22 2002

Mr. Gray served as President of McLeodUSA Incorporated from April 1992 until December 2004

http://www.zoominfo.com/people/Gray_Stephen_1581321.aspx


Come On In and Gamble


Come On In and Gamble

The_Gray_Gang_crop

Local governments have taken the bait

A 20 year monopoly on casino gambling in Linn County

A 3% minimum required by law return to the community

City owned real estate for their casino at an undetermined amount

Steve Gray and the Casino Gang say it is all about jobs, fun and entertainment

“A Cedar Rapids attorney was disbarred this week for taking $800,000 from client accounts that was used for her “gambling addiction,” according to disbarment documents filed Wednesday with the Iowa Supreme Court.”

http://thegazette.com/2013/02/22/cedar-rapids-attorney-disbarred-admits-to-taking-800000-out-of-client-acounts-for-gambling/

If tragedy is the entertainment you crave, you will get it with

Linn County Gambling


Your Numbers May Not Come Up


Your Numbers May Not Come Up

Ruined

Then What?

The Cedar Rapids casino gang has thrown a lot of numbers around. A lot of numbers that keep changing.

Being charitable in excess of 3%, split the casino Gang’s claim of $80 to $100 million to get rolling. Run the numbers. Assess the odds. Speculate on the results.

casinooo

If you wish to risk the long odds:

Vote Yes for Linn County Gambling.


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