The Kansas Speedway is about to have an expensive neighbor.
Plans were announced last week for a $175 million casino complex in Wyandotte County that would feature an 80,000 square foot gaming floor, 2,500 slot machines and 50 table games.
According to the Kansas City Star, the proposed facility slated for the northeast part of the state is the latest in a long series of expanded gaming plans the Legislature has seen in recent years.
Past efforts to expand gambling beyond bingo and both horse and dog racing have been stymied. This latest try also must clear federal and state hurdles.
The planned addition to the Speedway area could produce millions of dollars in state revenue, according to the newspaper. The casino and 250-room hotel could use about 40 acres of land, which may be developed into theaters, restaurants, retail shops and possibly a rodeo arena.
Trump boosts cash flow
Millionaire building mogul Donald Trump said last week that his company’s Atlantic City resorts stood to gain from increased competition, particularly the much-anticipating opening of Borgata casino.
Trump said the Borgata, a joint development of Boyd Gaming and MGM MIRAGE, would drive revenues at nearby Trump Marina to "new levels," and be good for Atlantic City as well.
Del pushes racinos
Gov. Ruth Ann Minner indicated in an address to the state General Assembly that she would push for legislation to add 500 more slots at each of the three tracks.
The Press of Atlantic City reports that Delaware Park and Dover Downs each operate the state-maximum 2,000 slots, while Harrington Raceway has 1,430. In exchange for more slots and extra man-hours, the state reportedly would increase the 36 percent gambling tax by 1.25 percent.
New Jersey Gov. James McGreevey has revived a proposal to place video lottery terminals in state racetracks just two weeks after declaring the plan dead.
"Everything is on the table except income, sales and corporate tax increases," Jamie Fox, McGreevey’s chief of staff, told the New Jersey Star Ledger.
Also: Reps for a California developer issued a seven-phase gaming project to be built over 10 years in Ohio.