Review Board Awards Kansas Speedway With Latest Casino Contract

The Kansas Speedway may have been in the right place at the right time. While other casino developers have pulled their proposals to run casinos in the state, the Speedway left their bid on the table.

It wasn't actually the Speedway that put in the proposal, but a group that was formed by the Speedway and The Cordish Co. of Baltimore. Whatever the case, the Speedway was awarded the latest casino contract to be given out by the Lottery Gaming Facility Review Board.

In recent weeks, two high profile casino developers pulled out of their proposals to run casinos in the state of Kansas. One of them left an actual contract on the table in Cherokee County.

The proposal that was picked on Friday was for a $680 million Hard Rock Hotel and Casino with a 300 room hotel and 3,000 slot machines. It would also have a convention center. The Speedway had promised to add a NASCAR Sprint race if they were awarded the casino bid.

"I think the opportunity to build a casino at Turn Two of Kansas Speedway is a once in a lifetime opportunity. I think it would be an iconic symbol in Kansas," said Matt All, the Review Board Chairman.

September 20, 2008
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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