Encyclopedia Dubuque
"Encyclopedia Dubuque is the online authority for all things Dubuque, written by the people who know the city best.”
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
DUBUQUE RACING ASSOCIATION: Difference between revisions
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DUBUQUE RACING ASSOCIATION. Recipient, [[FIRST CITIZEN AWARD]]. In 1985 the Dubuque Racing Association began operations as a community organization. The holder of gambling licenses for [[DUBUQUE GREYHOUND PARK]] and the [[DUBUQUE CASINO BELLE]], the association reported on January 15, 1992, that it was debt-free after paying off $4 million in tax increment bonds owed on the Dubuque [[ICE HARBOR]] project. Despite the presence of other dog tracks, the Dubuque Greyhound Park by 1991 was the only Iowa track to be debt free and therefore able to show a profit despite competition. | DUBUQUE RACING ASSOCIATION. Recipient, [[FIRST CITIZEN AWARD]]. In 1985 the Dubuque Racing Association began operations as a community organization. The holder of gambling licenses for [[DUBUQUE GREYHOUND PARK AND CASINO]] and the [[DUBUQUE CASINO BELLE]], the association reported on January 15, 1992, that it was debt-free after paying off $4 million in tax increment bonds owed on the Dubuque [[ICE HARBOR]] project. Despite the presence of other dog tracks, the Dubuque Greyhound Park by 1991 was the only Iowa track to be debt free and therefore able to show a profit despite competition. | ||
The Dubuque Racing Association had a $69 million impact on Dubuque by 1992. This included $16.8 million paid to bondholders; a payroll of $14.2 million; $11.6 million paid in purses to kennels and dog owners; $3 million paid to the city in taxes, grants, uncashed mutuel tickets, and rent; and donations to charities. | The Dubuque Racing Association had a $69 million impact on Dubuque by 1992. This included $16.8 million paid to bondholders; a payroll of $14.2 million; $11.6 million paid in purses to kennels and dog owners; $3 million paid to the city in taxes, grants, uncashed mutuel tickets, and rent; and donations to charities. | ||
[[Category: Organizations]] | [[Category: Organizations]] | ||
[[Category: Gambling]] | |||
Revision as of 23:55, 8 May 2009
DUBUQUE RACING ASSOCIATION. Recipient, FIRST CITIZEN AWARD. In 1985 the Dubuque Racing Association began operations as a community organization. The holder of gambling licenses for DUBUQUE GREYHOUND PARK AND CASINO and the DUBUQUE CASINO BELLE, the association reported on January 15, 1992, that it was debt-free after paying off $4 million in tax increment bonds owed on the Dubuque ICE HARBOR project. Despite the presence of other dog tracks, the Dubuque Greyhound Park by 1991 was the only Iowa track to be debt free and therefore able to show a profit despite competition.
The Dubuque Racing Association had a $69 million impact on Dubuque by 1992. This included $16.8 million paid to bondholders; a payroll of $14.2 million; $11.6 million paid in purses to kennels and dog owners; $3 million paid to the city in taxes, grants, uncashed mutuel tickets, and rent; and donations to charities.
