Carroll Rotary Club Meeting Minutes 4/11/22
Meeting called to order at 12:10 PM by Chris at Family Table Restaurant.
Attendees: Catti, Chris, Phil, Bob F., Hubert, Doc Martin, John, Bob W., Lynn, Ron, Steve, Adam, Ann, Aaron, Mike, Trevor
Brag Bucks:
- Bob F. – finally getting compensation for Agent Orange through Navy
- Steve – New Hope quilt auction this past Saturday and had a great turnout
- Grandson wrestled in DSM over the weekend and went 7-1
New Member:
- Trevor Babcock – editor at Times Herald
- Hales from Panora
- Enjoys hanging out with his girlfriend and cats and golfing
Speaker:
- Travis Dvorak
- Rotary Assistant Governor for District 6000
- Works at Wild Rose Casino in Jefferson
- Casinos started showing up 31 years ago
- 35-40 years ago, if you include the racing side
- 0 casinos in Iowa are Native American owned
- 0 lottery
- Had to be built with water source on land
- $0.20 of every dollar goes back to the State of Iowa
- 5 commissioners located all over Iowa
- Mixed political party and sex
- 3-year terms
- Governor appointed
- Brian Ohorilko – administrator
- 4-year term
- Considered a state employee
- Racing started in 1984
- Riverboats became legal in 1989
- Had to log at least 200 hours on the water in a year or they were fined
- 20% of revenue comes from tables
- 80% of revenue comes from machines
- Casinos started in 1991 on April Fool’s Day
- 5 total in Iowa when started, 19 currently
- Meant for economic development – every casino is tied to a non-profit that they give 3-5% of their profit to
- Racino’s started in 1994
- Slot machines were added to racetrack locations
- Prairie Meadows was the first in the Nation
- 2002:
- Riverboats were being taxed at a different rate than Racino’s
- Table games became known in Casino’s
- Riverboats don’t have to run on water anymore
- No water is required to build Casino’s anymore
- Wild Rose – Clinton was the 1st boat that was removed from water and placed on land in the Nation
- Sports betting:
- May 2018 - US Supreme Court decided that it was the States right to allow
- August 2019 – Sportsbook 1st offered in Iowa
- Now all 19 casinos in Iowa offer sports betting
- Every casino can have up to 3 online betting services
- 2019 - $1 billion dollar industry
- Buy Iowa First Program – must by products in casinos from Iowa first, if they are produced or available from Iowa resources
- Wild Rose Jefferson:
- 130 employees
- $4.6 million in payroll benefits
- Large impact to city of Jefferson and surrounding counties
Next meeting is on 4/18/22 with our speaker being Mary Baumhover.
100th Celebration is on 4/22/22 – RSVPs are due 4/11/22.
Meeting adjourned at 12:59 PM by Chris.