TOPEKA - Penn National Gaming, who submitted the only plan for a Cherokee County
casino, has withdrawn its offer. The company said it could not compete with the
nearby Downstream Casino operated by the Quapaw Tribe. The tribal casino opened
this past summer in Oklahoma adjacent to the Kansas and Missouri borders.
Last month the Kansas gaming review board approved Penn National's contract
proposal to build a $225 million casino in Cherokee County.
Eric Schippers, a Penn National vice president, said "The Legislature did not
envision the speed with which their project (Downstream Casino) was developed or
even the fact that their project could be developed. We were looking for a way
to try to make it work despite the competition across the street."
Schippers said, the $225 million investment was too large, even when phased in
over 12 years. Based on competition from the Downstream Casino, he feels the
investment should be closer to the $50 millions required for Ford County.
According to Schippers, the Cherokee County casino could be financially viable
if Penn National could also build the casino they proposed near Wellington in
Sumner County. However, the casino review board already picked Harrah's
Entertainment for the Sumner County casino.
Disclaimer: All images are copyright to their respective owners and are used by 500 Nations for informational purposes only.
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager.
There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet.
Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players.
YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.