Friday, February 03, 2012

Hollywood Casino at Kansas Speedway Hosts Grand Opening


The green flag is waving today over the grand opening of Hollywood Casino at Kansas Speedway, Kansas City’s first land-based, Las Vegas-style casino.

The new casino was developed and is operated by Kansas Entertainment, LLC, a 50/50 joint venture of Penn Hollywood Kansas, Inc., a subsidiary of Penn National Gaming, Inc. and Kansas Speedway Development Corporation, a wholly owned subsidiary of International Speedway Corporation. All casino games at the facility are owned by the state of Kansas.

Penn National Gaming Chairman and Chief Executive Officer Peter M. Carlino, and International Speedway Corporation CEO Lesa France Kennedy opened the casino at a ribbon cutting ceremony today alongside Mayor/CEO of the Unified Government of Wyandotte County and Kansas City, Kansas, Joe Reardon. NASCAR drivers Clint Bowyer and Kasey Kahne were also in attendance at the new Casino, located high above the speedway’s second turn, where two NASCAR Sprint Cup Series events are held annually. It is the first trackside casino in the ISC family of facilities, and guests can play on a single gaming floor and dine at five different restaurants, several with views of the track.

 “The combination of a world-class sports facility with the premier Hollywood-branded casino will set a new standard in gaming entertainment excellence,” said Lesa France Kennedy today. “ISC and Kansas Speedway have been a collaborative partner with the community to increase area tourism and create jobs for more than a decade. We continue to make significant investments in the facility, most recently with the start of the speedway’s permanent road course construction. This partnership started with a mutual vision to create a true destination for visitors and residents, anchored by a premier motorsports racing facility. Hollywood Casino at Kansas Speedway will build upon our successful track record.”

Approximately four million guests are expected to visit Hollywood Casino at Kansas Speedway annually, bringing increased tourism and tax revenues to Wyandotte County and the state of Kansas. The total estimated economic benefit of the casino is $220 million annually. The Casino will employ more than 1,000 workers from the greater Kansas City region and is seen as a significant driver of employment in the area.

Motor Racing Network is a subsidiary of International Speedway Corporation

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