Iowa counties without casinos benefit from endowment program

first_imgDES MOINES — A program created by the Iowa Legislature in 2004 requires one-half percent of the gambling tax revenue from the state goes to 84 counties which don’t have a casino.Iowa Gaming Association president, Wes Ehrecke says the idea was the spread the wealth. “Making sure that all of the non-casino counties would also have a source of funding. And they established the qualified community county foundations,” Ehrecke says.Ehrecke gave a report on the 15 years of the County Endowment Fund last week to the Iowa Racing and Gaming Commission. “There’s been 28,581 grants with $107 million provided — which has been extraordinary in each of these respective counties,” according to Ehrecke.He says the program allows the counties to create grants based on their needs. “They all have their own separate board of directors to decide the criteria,” Ehrecke says. “They each received approximately $125,000 last year. Which 25% goes into a permanent endowment. And over those 15 years — that has grown extensively.” The other 75 percent of the money is spent on grants each year.You can find out more about the endowment funds in your county at www.iowacommunityfoundations.org.last_img read more

Ivorian fury after Cameroon mooted as 2021 Cup of Nations hosts

first_imgCameroon won the 2017 tournament despite a number of their stars, including Liverpool defender Joel Matip, opting to stay at their clubs in the middle of the European season.The Cup of Nations finals, which began as a three-team event in Sudan in 1957, will expand to 24 countries from next year, up from the 16-team format used since 1998.This means that hosts need six venues instead of four, putting an extra strain on the finances and resources of governments, who bankroll the tournament.Morocco are considered favourites to replace Cameroon as 2019 hosts with South Africa — emergency hosts in 1996 and 2013 — another possibility.Egypt have said they would not compete with another Arab country for the right to stage the 2019 edition of a tournament they have won a record seven times.bur-dl/tdShare on: WhatsApp Abidjan, Ivory Coast | AFP | Ivory Coast has reacted angrily to the possibility that they could be replaced as 2021 Africa Cup of Nations hosts by Cameroon.After ditching Cameroon last week as 2019 hosts due to delays with preparations and security concerns, CAF president Ahmad Ahmad said on Monday that African football’s governing body could “give Cameroon more time” and allow them to stage the 2021 edition instead.That would trigger a domino effect with original hosts the Ivory Coast dropping back to 2023 in place of Guinea, a scenario that has angered the Ivorian Football Federation.“No Ivorian state authority, nor any leader of the federation, has been contacted or approached by CAF,” the federation said, adding that a letter had been sent to the African body on Tuesday.Countries struggling to meet deadlines for the building of stadiums, roads, medical facilities and other infrastructure has been a Cup of Nations problem for decades.Hosts Gabon were applying finishing touches to one stadium after the 2017 Cup of Nations kicked off.From 2019, the competition will be played during the June and July instead of January and February to avoid the club-versus-country clashes that have marred recent editions.last_img read more