Thursday, July 24, 2008

Casino roundup

Try as I might, I just can't write about everything, so here's a little bit of what's going on in the casino world today:

There's one fewer competitor against the Mohegan tribe to build a casino in Wyandotte County, Kan., but its not for fear of competition, Sands execs say, rather than partial concern of the viability of the market with pending changes in neighboring Missouri:

Here's what the Las Vegas Review-Journal has to say about it:

Las Vegas Sands Corp. on Wednesday scuttled plans for a $500 million casino complex near Kansas City, Kan., blaming the worsening credit markets and the potential that neighboring Missouri might soften its in-state gambling restrictions.

The company was competing for a single gaming license in Wyandotte County, Kan., and the move seemingly increased the prospects for Las Vegas-based Golden Gaming, which is seeking approval from the Kansas Lottery Commission to build a $662 million casino complex at a location in the Wyandotte County town of Edwardsville.



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