Developer of Proposed Casino Offering City an Out
ANKENY, Iowa (AP) The developer behind a proposed $150 million casino at Ankeny is giving the city the option of bowing out of the deal.
Wild Rose Entertainment said Friday it will give Ankeny officials an opportunity to opt out of a contract the city and developer signed on Oct. 29.
The contract says that the city will support efforts by Wild Rose Entertainment to acquire a state license.
The $150 million casino project would be built near a new interchange on Interstate 35 in the Des Moines suburb.
Wild Rose spokeswoman Jamie Buelt tells the Des Moines Register reports that the offer doesn't mean an end to the proposed casino. She says the company remains focused on Ankeny and is not pursuing another location.