SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Thursday
June 18, 2009
Print This Issue


 
MOST VIEWED STORIES
  1. Franchise Notes
  2. San Diego State AD Jeff Schemmel Resigns
  3. Ticket Package Offered For Flyers, 76ers
  4. Bears Deny Rift With NBC
  5. Bills Owner Prepared To Make Big Changes
View the top 20 stories
 
Recent Issues
Facilities & Venues

ISC, Cordish Co. Unveil Plans For Casino Adjoining Kansas Speedway

Kansas Entertainment Reveals Details
For Proposed $385M Casino
Kansas Entertainment, a joint venture between ISC and Baltimore-based developer Cordish Co., "revealed details Wednesday" of its proposal for a $385M casino adjoining Kansas Speedway, according to Jim Witters of the Daytona Beach NEWS-JOURNAL. The proposal is "one of two under consideration by the Kansas Lottery Commission for one of two casinos to be awarded this year." Cordish Co. President of Gaming & Resorts Joseph Weinberg "emphasized the potential for attracting tourists by combining the casino project with the race track." Awarding Kansas Entertainment the contract "would bring together the Hard Rock Casino brand," ISC and NASCAR. Weinberg: "Combine that with NASCAR fans' higher propensity to gamble than the general population and the higher propensity of IRL fans to gamble, compared to the general population. No one can match our ability to drive revenue to this market." Kansas Entertainment "promised to open the casino in 14 months, but asked for a 36-month window." The state Lottery Commission "faces a June 30 deadline to get contracts with each developer to the Lottery Gaming Facility Review Board." That seven-member board "will select the developer for the project" (Daytona Beach NEWS-JOURNAL, 6/18).

Print This Article

Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
ISC Agrees To Sell Staten Island Property
November 13, 2009 : SportsBusiness Daily

ISC: Discounted Tix To Continue In '10
October 14, 2009 : SportsBusiness Daily

ISC Yet To Act On Auto Club Speedway Plan
September 30, 2009 : SportsBusiness Daily

Morris Running Motorsports Authentics
September 11, 2009 : SportsBusiness Daily

Kansas Speedway, Penn Gaming Partner
September 11, 2009 : SportsBusiness Daily

Jimmie Johnson Falling Short With Fans
November 20, 2009 : SportsBusiness Daily

Power To Compete In IndyCar Full-Time In '10
November 20, 2009 : SportsBusiness Daily

Mercedes' Brawn Takeover A No-Brainer
November 17, 2009 : SportsBusiness Daily

Ashley Force Hood Becoming Big Brand
November 17, 2009 : SportsBusiness Daily

Wheels & Deals
November 16, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


Go To Events & Attractions

A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.