TOPEKA - The Kansas Lottery Gaming Facility Review Board has unanimously
approved a $521 million project at Kansas Speedway. The plan was submitted by
Kansas Entertainment, LLC, a 50/50 joint venture of Penn National Gaming, Inc.
subsidiary and Kansas Speedway Development Corporation.
The casino will overlook Turn 2 at Kansas Speedway in the North East Gaming Zone
in Wyandotte County, Kansas. It will have a Hollywood theme and feature a
100,000-square-foot casino floor with capacity for 2,300 slot machines and 86
table games. The initial construction will cost $386 million. Within 2 years of
operation the plan is to add a hotel. The hotel was a key issue for review board
The next steps include background investigations and licensing by the Kansas
Racing and Gaming Commission, which are expected to be completed in early 2010.
Ground breaking is planned in the second half of 2010 and construction will be
completed in the first quarter of 2012. It is hoped that net revenues will reach
$220 million in 2013.
In a separate action the review board postponed a decision on a Wichita casino.
The developers, the Chisholm Creek Group, requested the delay to revise their
plans for a $225 million casino complex about 20 miles south of the city.
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