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Golden Heartland Withdraws Kansas Gaming Application

Tuesday, May 26, 2009

EDWARDSVILLE, Kansas -- As reported by The Chieftain: "Golden Heartland, one of three applicants seeking to manage a state-owned casino in Wyandotte County, has withdrawn from the competition.

"Officials
<a rel='nofollow' href='http://www.readybetgo.com/phpadsnew/adclick.php?n=abcc77e6' target='_BLANK'><img src='http://www.readybetgo.com/phpadsnew/adview.php?n=abcc77e6' border='0' alt='Advertisement'></a> in Edwardsville, the proposed location of the Golden Gaming casino, said the application was withdrawn because of financing difficulties related to the current economy.

"'While we are disappointed by Golden's decision, we look forward to working with the Unified Government in ensuring a successful casino project is developed that benefits all the citizens of Wyandotte County,' Edwardsville Mayor John McTaggart said in a statement. 'There are many opportunities along the I-70 corridor and we believe a first-class entertainment and gaming destination in western Wyandotte County will spark continued interest in surrounding cities.'

"Golden Gaming was a finalist in the 2008 selection process to operate a state-run casino in Wyandotte County. The Lottery Gaming Facility Review Board ultimately selected Kansas Entertainment LLC's proposal for a Hard Rock casino at the Kansas Speedway. That group, however, withdrew its application December 2008, citing the economy as the reason and forcing the process to begin again..."

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