Penn National Kansas project in question

10 July 2008

COLUMBUS, Kansas -- As reported by the Joplin Globe: "A senior vice president with Penn National Gaming on Tuesday said if the company doesn't receive a final contract approval for a state-owned casino in Sumner County, the company may walk away from its proposed casino in Cherokee County.

"Steve Snyder, Penn National's senior vice president for corporate development, made the statement Tuesday during a meeting of the Kansas Lottery Gaming Facility Review Board. The statement appeared to strike the room like a bombshell.

"Board Chairman Matt All asked Snyder if Penn National would rethink its commitment to the Cherokee County project if it didn't receive the contract for Sumner County.

"...Responding to a follow-up question by All, Snyder said it was possible that Penn National would abandon its plan in Cherokee County. Penn National has one of three competing proposals in Sumner County..."



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