Kansas Speedway is back in the casino business.

The partnership of the speedway and Baltimore-based Cordish Co. filed an application Monday with the Kansas Lottery. The speedway was on the verge of being approved to build the Wyandotte County casino when it withdrew in December because of the economy. It said then it planned to reapply.

Speedway President Jeff Boerger said the proposal is essentially the same as the earlier version — a $700 million Hard Rock Hotel and Casino with 3,000 slot machines and a 300-room hotel. The figure includes a $25 million privilege fee paid to the state.

But this time around, the partnership wants to build it in phases.

Wednesday is the deadline for submitting applications for Wyandotte and Sumner counties.

Equity Ventures, of Topeka, says it and an undisclosed partner will submit an application for Sumner County.