The board that holds the gaming license for the Rhythm City Casino in Davenport may vote next week on letting Davenport proceed with plans to operate a land-based casino.
The Riverboat Development Authority is scheduled to meet at 11:30 a.m. Wednesday at the Woodfire Grill, 131 W. 2nd St., Davenport. RDA president Mary Ellen Chamberlin said the board may act on a new agreement designed to increase the RDA's percentage of casino revenue in the future.
She also said Davenport's casino consultant Gary Buettner, a former chief financial officer for Jumer's Casino Rock Island, will give a presentation to the board.
Davenport officials have announced plans to buy Rhythm City Casino from Isle of Capri for $46 million. Ms. Chamberlin said the city needs approval of an operator's contract between the RDA and the Davenport Community Improvement Corporation, a nine-member board created by the city to oversee casino operations.
City officials also are trying to determine a developer for a new casino. At the Jan. 23 city council meeting, Mr. Buettner said a proposal by Ingenus Management/Consulting, of Brainerd, Minn., had the greatest revenue potential for the city and opportunity for expansion.
Ingenus has proposed a hotel/casino at the intersection of Interstates 80 and 280, as well as a smaller casino downtown. Combined, the two casinos would cost $105 million.
Restoration St. Louis has proposed a $155 million downtown casino that Mr. Buettner last week told Davenport officials would not generate as much revenue as an interstate casino proposed by Ingenus.
Davenport's casino plan also needs approval from the Iowa Racing and Gaming Commission. City officials said they hope to discuss their plans with the IRGC at its March 7 meeting, city administrator Craig Malin said.
"The only thing under my control is to ensure an orderly process with the (RDA) board of directors," Ms. Chamberlin said. "Whether we'll take any action, I'm not sure.
"I have people who want to move forward and others who want to wait a little longer," she said."There are others who may or may not vote against it."
Today is Monday, Sept. 22, the 265th day of 2014. There are 100 days left in the year.
1864 -- 150 years ago: The board of education has granted Thursday as a holiday for the children, with the expectation that parents who desire to have their children attend the Scott County Fair will do so on that day and save irregularity the rest of the week. 1889 -- 125 years ago: The guard fence around the new cement walk at the Harper House has been removed. The blocks are diamond shape, alternating in black and white. 1914 -- 100 years ago: The Rev. R.B. Williams, former pastor of the First Methodist Church, Rock Island, was named superintendent of the Rock Island District. 1939 -- 75 years ago: Abnormally high temperatures and lack of rainfall in Illinois during the past week have speeded maturing of corn and soybean crops. 1964 -- 50 years ago: Installation of a new television system in St. Anthony's Hospital, which includes a closed circuit channel as well as the three regular Quad-Cities channels, has been completed and now is in operation. 1989 -- 25 years ago: When the new Moline High School was built in 1958, along with it were plans to construct a football field in the bowl near 34th Street on the campus. Wednesday afternoon, more than 30 years later, the Moline Board of Education Athletic Board sent the ball rolling toward the possible construction of that field by asking superintendent Richard Hennigan to take to the board of education a proposal to hire a consultant.