Unveiling the Mystery: Who owns Riverside Casino in Iowa?

Iowa, known for its rich agricultural heritage and scenic landscapes, also boasts a vibrant gaming industry. One of the most prominent casinos in the state is the Riverside Casino and Hotel. In this article, we delve into the enigmatic question: Who owns Riverside Casino in Iowa?

Riverside Casino and Hotel: A Brief Overview

Established in 1991, Riverside Casino and Hotel has become a symbol of entertainment and excitement in the state of Iowa. Situated in the city of Bettendorf, this luxurious casino offers a wide range of gaming options, including slot machines, table games, and poker rooms. In addition to its gaming facilities, Riverside Casino and Hotel boasts a world-class hotel, spa, and dining options.

The ownership of Riverside Casino and Hotel has been a topic of intrigue and speculation for years. In this article, we aim to uncover the truth behind the enigmatic question: Who owns Riverside Casino in Iowa?

Ownership Structure of Riverside Casino and Hotel

The ownership structure of Riverside Casino and Hotel is a complex web of entities. To understand the ownership, we need to look at the various stakeholders involved.

1. The Iowa Racing and Gaming Commission (IRGC)

The IRGC is the regulatory body responsible for overseeing the gaming industry in Iowa. It has the authority to grant and renew gaming licenses. While the IRGC does not directly own the casino, it plays a crucial role in its operation.

2. Affinity Gaming

Affinity Gaming is a privately-owned casino and hotel company based in Las Vegas, Nevada. It owns and operates several casinos and hotels across the United States, including the Riverside Casino and Hotel. Affinity Gaming has been associated with the casino since its inception.

3. Affinity Gaming's Parent Company

Affinity Gaming is a subsidiary of another private company called Affinity Gaming, LLC. This parent company is the ultimate owner of Riverside Casino and Hotel.

4. Native American Tribes

The Iowa Racing and Gaming Commission has granted a gaming license to the Mississippi Band of Choctaw Indians for the operation of Riverside Casino and Hotel. Although the tribe does not own the casino, it holds a significant interest in its success.

The Mystery Unveiled: Who Owns Riverside Casino in Iowa?

After delving into the complex ownership structure of Riverside Casino and Hotel, the answer to the question "Who owns Riverside Casino in Iowa?" becomes clear. The ultimate owner of the casino is Affinity Gaming, LLC, a private company based in Las Vegas, Nevada. However, it is important to note that the Mississippi Band of Choctaw Indians holds a significant interest in the casino's success due to their gaming license granted by the Iowa Racing and Gaming Commission.

Now that we have uncovered the mystery, let's explore some frequently asked questions about the ownership of Riverside Casino and Hotel.

1. Question: Why does the Mississippi Band of Choctaw Indians hold an interest in Riverside Casino and Hotel?

Answer: The Mississippi Band of Choctaw Indians holds a significant interest in the casino's success due to their gaming license granted by the Iowa Racing and Gaming Commission. This license allows them to operate a casino in Iowa, and they benefit from the casino's profits.

2. Question: Does Affinity Gaming own other casinos in Iowa?

Answer: Yes, Affinity Gaming owns and operates several casinos in Iowa, including the following:

- Affinity Casino

- Isle of Capri Casino

- Rhythm City Casino Resort

3. Question: How did Affinity Gaming come to own Riverside Casino and Hotel?

Answer: Affinity Gaming acquired Riverside Casino and Hotel after its inception. The company has since expanded its presence in Iowa and other states through strategic acquisitions and partnerships.

4. Question: Does the Iowa Racing and Gaming Commission have any influence over the operation of Riverside Casino and Hotel?

Answer: Yes, the Iowa Racing and Gaming Commission plays a crucial role in overseeing the operation of Riverside Casino and Hotel. The commission is responsible for ensuring that the casino complies with state laws and regulations.

5. Question: Can the ownership of Riverside Casino and Hotel change in the future?

Answer: The ownership of Riverside Casino and Hotel could potentially change in the future. However, any changes would require approval from the Iowa Racing and Gaming Commission and would be subject to state laws and regulations.

In conclusion, the enigmatic question of who owns Riverside Casino in Iowa has been answered. The ultimate owner is Affinity Gaming, LLC, with the Mississippi Band of Choctaw Indians holding a significant interest in the casino's success. As the gaming industry continues to evolve, the ownership and operation of Riverside Casino and Hotel will undoubtedly remain a topic of interest for many.