Firm Seeks to Phase In Investment In Cherokee County Casino

KANSAS CITY, Mo. (AP) The company seeking a contract to build
a southeast Kansas casino wants the state to relax its rules.

A law authorizing the casino last year requires a developer to
invest at least $250 million in a hotel-and-casino complex.

Wyomissing, Pa.-based Penn National Gaming Inc. wants to phase
in its investment over an unspecified number of years.

Company President and Chief Operating Officer Timothy J. Wilmott
told The Kansas City Star that Penn National wouldn't rule out
walking away from the project.

The company is negotiating with the Kansas Lottery, which will
own the new gambling. Lottery Executive Director Ed Van Petten said
it's not clear whether the state law allows the flexibility the
company is seeking.


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