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On April 21, 1995, the Lady Luck Bettendorf began operating after being granted an excursion gaming license earlier that year. [1] It was not the first, nor the only riverboat casino at the time in the Quad Cities; Diamond Lady began operating April 1, 1991 in Bettendorf, while President sailed from Davenport, Iowa and Jumer's Casino was working out of Rock Island, Illinois.
Lady Luck Gaming, which owned two adjacent Lady Luck casinos in Lula, Mississippi, one in Natchez, Mississippi, the Miss Marquette casino in Marquette, Iowa, and a half interest in the Lady Luck casino in Bettendorf, Iowa, was bought for $59 million in cash, $177 million in assumed debt, and $22 million to redeem preferred stock.
In July 1994, Lady Luck announced an agreement for a joint venture to open a casino and outlet mall in Bettendorf, Iowa, in the Quad Cities, with Bettendorf Riverfront Development Co., a company owned by the family of Isle of Capri founder Bernard Goldstein. [47] [48] Lady Luck Bettendorf opened the following April. [49]
List of casinos in the U.S. state of Iowa; Casino City County State District Type ... Iowa: Land-based: Isle Casino Bettendorf: Bettendorf: Scott: Iowa: Land-based ...
In 1989, as he approached retirement he began lobbying Iowa to pass riverboat gambling. His boat the M/V Diamond Lady was the first legal riverboat casino in modern times when it sailed from Bettendorf on April 1, 1991. [8] The President, a gambling boat owned by John E. Connelly, opened 30 minutes later in Davenport. [1]
Members of the Iowa Racing and Gaming Commission heard mostly favorable comments in a meeting Wednesday about a proposed new casino in Cedar Rapids, as well as some concerns from people affiliated ...
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