The green flag is waving today at Kansas Speedway. The thrill of racing, the excitement of gaming and the glamour of Hollywood have come together under one roof with 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. (PENN: Nasdaq) and Kansas Speedway Development Corporation, a wholly owned subsidiary of International Speedway Corporation (ISCA: NASDAQ Global Select Market; ISCB: OTC Bulletin Board) (“ISC”). All of the 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, Kan., Joe Reardon, a representative from Kansas Governor Sam Brownback’s office, NASCAR drivers Clint Bowyer and Kasey Kahne as well as other local elected officials and executives from Penn National Gaming and ISC.
“As the first new casino in the Kansas City market in 15 years, Hollywood Casino at Kansas Speedway offers guests a state-of-the-art destination with premier gaming, dining and entertainment options,” commented Peter Carlino. “Just seconds from I-70, the facility’s luxurious design, modern grandeur and extensive amenities provides guests with a range of memorable experiences in an unparalleled, high energy setting on Turn Two of Kansas Speedway, a world class motorsports facility and host to two NASCAR Sprint Cup Series events annually.
“The facility’s 2,000 slot machines and 52 table games are complemented by the extraordinary red carpet service that is the hallmark of the Hollywood Casino brand. The property is another drawing card for Wyandotte County, which is already the top tourist destination in the state with more than 11 million visitors annually. Guests from near and far, including Kansas, Missouri, Nebraska and Iowa can play in style on a single gaming floor and dine at five different restaurants, several with views of the track.