How Casino could help out Davenport - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

How Casino could help out Davenport

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By: Kate Pabich
kpabich@cbs4qc.com

Slots, craps and poker will soon be a big part of downtown Davenport and the community owned casino could be a jackpot for the city.

On Monday the interview process begins for the three possible casino developers in Davenport. But no matter where the slot machines go in, Mayor Gluba says it will do wonders for the city.

Raking in taxes, and tourists, the casino could really give back to the community.

"If done properly it could be like they do in Dubuque we could have anywhere from 10-25 million dollars eventually coming into the city that can be used to benefit the people of the community"


Money Gluba says can be used to lower the property tax. When the city of Dubuque got into the gaming business theirs went way down. Now sitting around 11 dollars per thousand to Davenports 17 dollars per thousand.

And it's not just property taxes that are getting some dough from the casino operation over in Dubuque, Gluba says it's so much more.

"I can't stress the importance that the city and county both own those casinos and it's incredible to the city and all the nonprofit groups, it makes a whole lot more money available for non profits, homeless shelters and libraries, you name it."


Gluba says that Monday will be a big turning point in the casino process, when the three developers will have 2 hours to describe their plans.
 
The interviews are at 9 tomorrow at River Music Experience. It's open to the public and there will be a time for q and a.

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