Riverside, Iowa — Elite Casino Resorts, LLC announced Wednesday that the Iowa Racing and Gaming Commission has officially approved the company’s acquisition of Catfish Bend Casino and FunCity Resort in Burlington. The deal is expected to close on January 27, 2026, marking a major development in Southeast Iowa’s tourism and entertainment landscape.
With the approval in place, Elite Casino Resorts also confirmed plans to rebrand Catfish Bend Casino next year as Great River Casino Resort, a name chosen to reflect Burlington’s deep Mississippi River heritage and long-standing reputation as a regional destination for recreation and community gatherings.
“A Meaningful Day” for Elite Casino Resorts
“This is a meaningful day for our family and our more than 1,200 Iowa unitholders,” said Dan Kehl, Chief Executive Officer of Elite Casino Resorts. “We are deeply grateful to the Iowa Racing and Gaming Commission for their support and approval. Returning to Burlington feels like coming home, and the Great River Casino Resort name reflects the pride we have in this community and its strong river heritage.”
Elite emphasized that all current staff at Catfish Bend Casino and FunCity Resort will be invited to stay on board. Employees will gain expanded access to training and professional development opportunities across Elite’s multi-property network, which includes facilities in Riverside and Davenport.
Boost for Regional Tourism
The acquisition expands Elite Casino Resorts’ presence in Eastern Iowa, creating a strengthened corridor of entertainment destinations along the region. The company noted that the move will allow for enhanced entertainment programming, broader tourism partnerships, and coordinated guest experiences across its properties.
Elite also reaffirmed its commitment to work alongside Burlington-area organizations, events, and long-standing partners.
“We appreciate the leadership and care that have guided this property,” Kehl said. “We look forward to collaborating with local stakeholders as we transition to the Great River Casino Resort and continue supporting the communities that make this region special.”
The rebranding and transition process is expected to unfold throughout 2026 following the official closing of the acquisition.