A contract extension is on the table for the Argosy riverboat casino in Sioux City.
The nonprofit group that holds the license has offered the casino owner a 30-month extension of the 20-year agreement that expires July 7.
Talks have stalled on a long-term deal between Penn National Gaming and Missouri River Historical Development.
State regulators say without an agreement, the casino could close, jeopardizing over
The nonprofit group's board of directors voted Thursday to offer the extension, which would run through March 2015. Penn has until July 6 to accept it.
The two sides are to appear before the Iowa Racing and Gaming Commission on June 7.