Penn National wins first casino contract in Kansas

May 6, 2008 7:00 PM

Industry Insider by Ray Poirier | The Kansas Lottery has approved a casino contract for Penn National Gaming Inc. (PENN), the first of several to be awarded in the state.

The facility, to be called Hollywood Casino, will be located in Cherokee County. Other applicants have chosen sites in Sumner, Wyandotte and Ford counties. These selections will be announced at a later date.

Penn National plans to spend $225 million for a casino that will initially hold 900 slot machines and 30 table games. An expansion to 1,500 slot machines is expected.

Also the property will have a 225-seat buffet, a coffee shop, a gift shop and a bar. Later, the company plans to build a 200-room hotel and a 1,750-seat events center. The property should open in 2010 and employ 510 people.

In addition to Cherokee County, Penn National has submitted a bid for a casino in Sumner County.