The Iowa Racing and Gaming Commission voted yesterday to commission a new study of Iowa’s gambling market to determine how a new casino would affect the 18 existing casinos with state licenses. In March, Linn Couty voters approved a proposed casino for Cedar Rapids, the largest city in Iowa not currently served by a casino. The study will focus on whether there is market share to support a Cedar Rapids casino, or whether that facility would mostly cannibalize business from existing casinos. Racing and Gaming Commission Chair Jeff Lamberti indicated that the study would also examine the impact of new casinos in Greene County and/or the Des Moines area. For more details, read William Petroski’s report for the Des Moines Register and Rick Smith’s story for the Cedar Rapids Gazette.

I have never been convinced that the Racing and Gaming Commission would grant new casino licenses in Iowa. In 2010, commissioners denied licenses for proposed casinos in Fort Dodge, Ottumwa, and Tama County, despite strong local support. On the other hand, the backers of the Cedar Rapids casino project have close ties to Governor Terry Branstad.

Any comments related to gambling in Iowa are welcome in this thread. In related news, the casino owner who bankrolled the “No Casino” campaign in Cedar Rapids is proposing a new casino in the Davenport area.