Microsoft Word document of news release

DATE: August 25, 2009
CONTACT: Sally Lunsford (785) 296-5708, sally.lunsford@kslottery.net

Lottery Approves Casino Management Contract in South Central Gaming Zone

TOPEKA, KAN. – At a special meeting today, the Kansas Lottery Commission approved a contract with a development group seeking to become a lottery gaming facility manager in Sumner County (South Central Gaming Zone). The contract will now be forwarded to the Lottery Gaming Facility Review Board for its consideration.

The development group is Kansas Gaming Partners LLC. Members of the LLC are Foxwoods Development Company, Och-Ziff Real Estate Acquisitions LP, Clairvest Group Inc. and Lakes Entertainment Inc. The proposed gaming facility would be Chisholm Creek Casino Resort, located at Exit 33 in Mulvane.

On August 19, the Lottery Commission approved contracts with two developers seeking to become lottery gaming facility managers in Wyandotte County (Northeast Zone). Those developers are: Kansas Entertainment, LLC (Hard Rock Hotel & Casino at Kansas Speedway) and Penn Hollywood Kansas, Inc. (Hollywood Casino Kansas City).

August 28, 2009 was the deadline for the Kansas Lottery Commission to approve contracts with all developers that qualified in the Northeast and South Central gaming zones. Approved contracts will now be considered by the Lottery Gaming Facility Review Board, which will hold public meetings to help determine which contract is the best possible contract for each zone.

After contracts are approved by the Lottery Commission, each applicant has 30 days to pay a designated privilege fee of $25 million to keep its application in the running.

In approving contracts, the Lottery Commission must determine developers meet minimum requirements as provided in Senate Bill 66, the Kansas Expanded Lottery Act. Those requirements include local endorsement, having sufficient access to financial resources to support the activities required of a lottery gaming facility manager, no less than three consecutive years of experience in Class III gaming, and being current in all taxes.