Hatch expressed concern that the panel used "a reason and rationale that is not in the statute" in looking at "cannibalization" and the preservation and protection of existing casinos' profits in deciding license applications and casino locations. "That is being interpreted by the chairman of the gaming commission. That's beyond his authority. My chairman would not have that," Hatch said. "I would let the market decide," Hatch said about the placement of new casinos. "We shouldn't be picking winners and losers, and there's nothing in the state statute that says we have to protect the other casinos."
Branstad said he believed "it would be wrong for there to be political interference" in the commission's handling of licensure issues.
Branstad said he would defer decisions on issuing any more state casino gambling licenses to the state Racing and Gaming Commission, which determined last month that it would not welcome new license applications for the next 3 years. Hatch said, "We shouldn't be picking winners and losers, and there's nothing in the state statute that says we have to protect the other casinos."
Branstad said he believed "it would be wrong for there to be political interference" in the commission's handling of licensure issues to protect the integrity of the state, keep operations safe and fair and following establish criteria to determine what is in the best interest of the people of Iowa.
But Hatch responded, "For a governor to interfere with the market and protect existing business is an anomaly for a Republican governor."
On a 'Rules and Regulations' tour we learned of many regulations burden Iowa business. This administration is serious about removing burdensome regulations. 67 Iowa utilities would have added costs because of this rule, which would likely result in higher prices for the Iowa consumer.
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