Global Casino BOOM

Kansas Speedway and The Cordish Company’s (Kansas Entertainment LLC) proposed 1.5 million
square-foot, Hard Rock Hotel & Casino will include a 300-room luxury hotel;
a state-of-the-art casino with 3,000 slot machines and 140 gaming tables;
275,000 square-feet of destination retail, dining and entertainment
including a live music venue; first-class resort amenities; and extensive
meeting and convention facilities. With a development cost over $700
million, with no public incentives associated with this project, the Hard
Rock Hotel & Casino will provide the community with an economic benefit of
$4.86 billion over 20 years.

As part of their proposal, Kansas Speedway announced International
Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin
Board: ISCB) (”ISC”) will petition NASCAR for a second NASCAR Sprint Cup
Series date for the track if Kansas Speedway and The Cordish Company are
awarded the casino management contract for Wyandotte County (Kan.).  (more…)