First Payments

Apr 26, 2010 3:13 PM

They will be breaking ground this week on a casino that won’t open until 2012 but the developers already have paid the United Government of Wyandotte County, Kansas, $335,782, representing the first two months of advance payments on anticipated gaming revenue.

Except for monies collected from the small casino in Dodge City, operated by Butler National Corp. (BUKS), this is the first gaming revenue the state of Kansas has seen.

The planned casino, called Hollywood Casino at Kansas Speedway, is being developed by the partnership of Penn National Gaming Corp. (PENN) and Kansas Speedway Development Corp.

The 100,000 square foot casino floor will accommodate 2,300 slot machines, 61 table games and 25 poker tables.