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Archive for Friday, April 22, 2011

Southeast Kansas casino still doesn’t interest developers

April 22, 2011

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— Developers still aren't interested in building a state-owned casino in southeast Kansas.

Lottery officials have extended their deadline for accepting applications to July 21 because they've received no proposals. The previous deadline was Thursday.

A developer would build and manage the casino, but the Kansas Lottery would own the rights to the new gambling and the gambling equipment. A 2007 law authorized a state-owned casino in either Crawford or Cherokee county.

But the same law requires a developer to invest $225 million in the project, a figure now seen by some state officials as too high.

Also, there's a casino nearby. The Quapaw Tribe opened it in 2008 just across the border in northeast Oklahoma.

Comments

Mark Kostner 3 years, 3 months ago

This is Strike 3. This just isn't financially viable. Maybe the state should consider moving this project to Kansas City where it might work, either as a stand alone casino or a racino at the Woodlands. Otherwise settle for the three casinos which might be all the state can practically support.

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