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KANSAS CITY, Kan. -- Kansas Entertainment and Kansas Speedway Development Corporation announced Friday they have received final approval under the Kansas Expanded Lottery Act to proceed with the development of a Hollywood-themed destination casino overlooking Turn 2 at Kansas Speedway.
Kansas Entertainment plans to begin construction of the facility early in the second half of 2010 with a planned opening in the first half of 2012.
The $386 million phase one development of Hollywood Casino at Kansas Speedway includes a 100,000-square-foot casino floor with capacity for 2,300 slot machines and 86 table games, a high-energy lounge and a variety of dining and entertainment options. Kansas Entertainment's plans include additional phases, which will bring a hotel, expanded gaming space, a spa, convention center and an entertainment retail district to Kansas Speedway, pending market demands.
Pursuant to the terms of the joint venture, Kansas Speedway Development Corporation contributed 101 acres at Kansas Speedway for the development of the new facility. Penn National Gaming and International Speedway Corporation will equally share the full project development costs.