DES MOINES, IOWA (KELO.com) – The Iowa Racing and Gaming Commission renewed the licenses for the 19 casinos it oversees during its meeting this week.
The three Lyon County schools that receive funding from Grand Falls Casino continue to see financial benefits from the Casino.
The state issues one license to the gambling company to run the games, and one to a non-profit organization to distribute the money they are required by the state to set aside.
The president of the Lyon County Riverboat Foundation, Jerry Keizer, talked about the funding they receive from the Grand Falls Casino, just east of Sioux Falls.
“In October of 2017, we held our grant review where we distributed $1,235,000 to new projects in the surrounding communities,” Keizer said. “There are three schools in Lyon county that we fund, and since 2011, each school has received $1,025,000.”
Keizer says they also distribute funds from the casino golf course, with half going to scholarships.
The Racing and Gaming Commission took the action to approve the new licenses at their meeting at the Prairie Meadows Casino in Altoona.
(Jerry Oster, WNAX, contributed to this report)
