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$42 million casino proposed for Tama County

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November 17, 2009

DES MOINES - Details were released yesterday for a proposed $42 million casino to be built in Tama County. It would be located along the new U.S.
Highway 30 bypass between Tama and Toledo.

The project was proposed by Signature Management Group of Iowa and Tama County Community Enrichment, who are one of four groups hoping to get a state casino license. The deadline for submitting plans to state officials was Monday.

The Tama County proposal would build a casino featuring 500 slot machines,
18 table games and a 500-seat conference center. The dining facilities would include a buffet, sit-down restaurant and sports bar.

In addition the casino would include:

- Holiday Inn Express
- RV park with an executive clubhouse
- 90-acre ATV park for cross-country skiing and snowmobiling
- Outdoor amphitheater

It is estimated the casino would generate $40 million in its first year with
$13 million paid to the state.

Return to Iowa Casinos.

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