Kansas Casino Breaks Ground

Kansas Entertainment, LLC, today commenced construction of Hollywood Casino at Kansas Speedway as Company representatives and local officials conducted a groundbreaking ceremony at Turn 2, the track-side site of the new facility.

Kansas Entertainment is 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.

The following company representatives and local officials participated in today’s groundbreaking ceremony:

• Tim Wilmott, President and Chief Operating Officer of Penn National Gaming;
• Troy Findley, Lieutenant Governor of Kansas;
• William Falstad, Commissioner of the Kansas Racing and Gaming Commission;
• Ed Van Petten, Kansas Lottery Executive Director;
• Jeff Boerger, President of Kansas Speedway Development Corporation; and,
• Joe Reardon, Mayor of the Unified Government of Wyandotte County.

“We are fortunate to have built such strong relationships with our partners, Penn National Gaming, the State of Kansas, and the Unified Government of Wyandotte County. We share in their mutual vision to create a world-class destination for visitors and the community, anchored by a premier motorsports and entertainment facility,” stated Ms. France Kennedy. “Through ongoing collaboration, we will continue to help generate sustainable economic growth for the region.”

Mr. Wilmott added, “With the excellent cooperation of our partners and local officials and businesses, Kansas Entertainment is excited to conduct its groundbreaking today, just two and a half months after receiving final approvals for the project. Hollywood Casino at Kansas Speedway will be a premiere gaming and entertainment facility that contributes to and complements the excitement of the local hotels, retail, dining and entertainment establishments in the Village West region. Both Penn National Gaming and ISC are committed to the long-term success of this destination resort, maximizing tourism, driving new tax revenue and attracting national media attention for the state of Kansas and our host community, Wyandotte County.”

The first phase of Hollywood Casino at Kansas Speedway includes a state-of-the-art casino and is expected to open in early 2012 with 2,300 slot machines, 61 gaming tables and 25 poker tables on a 100,000 square-foot gaming floor. Hollywood Casino at Kansas Speedway will also feature 28,000 square-feet of other amenities including restaurants, clubs and night-life attractions. The addition of the Hollywood Casino at Kansas Speedway is estimated to bring nearly 440,000 tourists per year and created 1,050 full time positions; elevating the state to a first-class, year-round tourist destination.

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