Kansas Lottery Weighs Two Hotel-Casino Proposals

The Kansas Lottery Commission is considering proposals for two separate state-run hotel-casinos. Two developers are bidding on a project slated near Kansas City. A partnership between the Kansas Speedway and Cordish Co. wants to build a $521 million Hard Rock Hotel and Casino. The venture, which previously proposed a $700 million project with Harrah's Entertainment, says their plan also calls for a second NASCAR Sprint Cup race, a road course in the infield, and future expansions. The second potential developer, Penn National Gaming, wants to build a Hollywood-themed hotel-casino with up to 500 guestrooms.

The second proposed project would be situated south of Topeka in Sumner County. Lakes Entertainment has submitted plans for a 250-room hotel and casino at a cost of $317 million. Two former Mandalay Resort Group executives are proposing a $225 million, 180-key project, while Foxwoods Development wants to build a casino with 1,300 slots but is negotiating with a third party to build the hotel.

Source: Hospitality Design Magazine