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Business & Tech
Wed August 13, 2008
First Two Casino Pitches Lobbed: Some Gamble
Four casino corporations are trying to take as much gamble' as they can, out of a venture ultimately worth billions of dollars in Wyandotte County, Kansas.
Four companies are hungry to build and run a state owned casino in Kansas City Kansas. All are making their pitches this week. Unified Government has refused to single out one to promote. On the state gaming board's review panel, Jack Brier tried one more time to get help from Mayor Joe Reardon,"because you cannot recommend one, let me ask it a different way. Is there one that stands below the others..among those that you looked at?" There was laughter.
The mayor respectfully declined. Two casino operators have already been heard, Speedway/Cordish and Pinnacle entertainment. Cordish reveals if it's selected, it will use it's clout to get a second NASCAR race per year, worth untold millions. But only if it gets the casino nod. The first two proposals already seen and heard are lavish, huge and their beauty is open to individual interpretation. Pinnacle CEO Daniel Lee says his venture will only be given a name if it's chosen. The site would adjoin a planned family entertainment venue on the East side of I-435. The sites being considered are along the Kansas Interstate 70 and 435 corridor.
CORRECTION: This story originally reported three casino proposals were being considered. The correct number is four. The Kansas City Lottery Gaming Review Board is considering proposals from Kansas Entertainment, Pinnacle Entertainment, Golden Gaming and Legends Sun.