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.). 

In addition, the proposal not only provides significant expansion
capabilities but also includes a temporary casino to open within eight
months. The temporary casino will operate during construction and will
include 2,000 slot machines and 75 gaming tables. It is estimated that the
temporary casino will generate in excess of $200 million in annual revenue.

“Kansas Speedway and The Cordish Company have already shown a
tremendous commitment to this region, having invested hundreds of millions
of dollars in two of the most successful regional destinations in the
country - the Kansas Speedway and the Kansas City Power & Light District,”
stated David Cordish, chairman of The Cordish Company.

“We could not have realized Kansas Speedway without the unwavering
support of state and local leaders. Our combined vision helped create a
world-class motorsports facility that continues to provide a significant
economic benefit to the community. Kansas Speedway not only attracts
hundreds of thousands of fans throughout the year but also serves as a
catalyst for new development,” stated ISC President Lesa France Kennedy.
“Many positive changes to the community have occurred since our arrival and
we believe our Hard Rock Hotel & Casino proposal will continue the momentum
we started and benefit the taxpayers of Kansas.”

“We’re very excited about the prospect of a second Sprint Cup Series
race at Kansas Speedway,” said Kansas Speedway President Jeff Boerger. “A
second Sprint Cup race and a Hard Rock Hotel & Casino would be a tremendous
benefit to not only Wyandotte County, but to the state of Kansas. An
additional race weekend and our Hard Rock property would increase tourism
in the area and have a significant economic impact on both Wyandotte County
and the state.

“Kansas Speedway currently has an economic impact of $243 million to
the area. The addition of a second Sprint Cup Series race would add another
$111 million to the community,” said Boerger, who was the vice president of
the Kansas City Area Development Council prior to joining Kansas Speedway,
citing research conducted by the Washington Economics Group, Inc.

The Hard Rock Hotel & Casino, which would be located in Kansas
Speedway’s Turn 2 with strong visibility and access to both Interstate 70
and Interstate 435, will bring a distinctive and energetic destination
entertainment and gaming experience to Wyandotte County and establish the
area as one of the major sports and leisure destinations in the country.