Argosy will take the biggest hit because it is the closest to the Speedway. That dump, Isle of Capri, will survive anything because of the location.KC0KEK wrote:And every year, many of them close because they misjudged the market. That's just business. Even if the research suggests that the market can support another _____, it's ultimately still a bet, and not all bets pay off. We'll see, I guess.
Actually Harrah's market share is the one that's been eroding recently.QueSi2Opie wrote:Argosy will take the biggest hit because it is the closest to the Speedway. That dump, Isle of Capri, will survive anything because of the location.KC0KEK wrote:And every year, many of them close because they misjudged the market. That's just business. Even if the research suggests that the market can support another _____, it's ultimately still a bet, and not all bets pay off. We'll see, I guess.
Hopefully this will make the Missouri Gaming Commission trash the $500 loss limit.
trailerkid wrote:Is any of this "revenue" going into fixing KCK?
Can anyone explain why this stupid thing isn't going in Jo Co? There's a ton of disposable income out in the plastic prairie. But we all know that rich white people wouldn't want to have gambling addictions in their own community.
1. My question is...Is Wy Co getting any revenue at all compared to the deals in NKC or Riverside?QueSi2Opie wrote:trailerkid wrote:Is any of this "revenue" going into fixing KCK?
Can anyone explain why this stupid thing isn't going in Jo Co? There's a ton of disposable income out in the plastic prairie. But we all know that rich white people wouldn't want to have gambling addictions in their own community.
That's not a well thought out comment, tk. Argosy Casino is much, much closer to downtown and urban KCK. Almost a stone's throw away! If the casino was goin' to JOCO, you'd complain about WYCO gettin' screwed on potential revenue. The whole point of the casino being developed near the Speedway (Piper, Bonner, Edwardsville) is to continue making that area a tourist destination and pump a lil' money into Wyandotte's economy.
I jus' feel sorry for the Woodlands...they got screwed!
Dunno. But I think they'll have an autoracing museum.supastudio wrote:Ameristar also has a hotel, movie theater, daycare for players children... will the Kansas Casino have these too?
Yes. This is quoted from the KCStartrailerkid wrote: 1. My question is...Is Wy Co getting any revenue at all compared to the deals in NKC or Riverside?
This is quoted from the KC bizjournal.2. How many casinos are located in rural exurban or urban settings compared to rich, white suburbs?
The present location of the proposed Wyandotte County casino is far away from lower income people in inner city KCK. In fact it is located in the most well to do area in KCK. I have a map if you are interested.3. I don't have research to back this up, but I believe that casinos often due the most damage in a small radius around the facility. Every casino we have in KC is not far away from richer N'land 'burbs, but most are closest to urban, lower-income people.
KCK casino plan shoots craps for now
Rob Roberts
Staff Writer
A tribal gaming compact calling for a $210 million casino and hotel near the Kansas Speedway won't be approved before the Kansas Legislature convenes in January.
According to state law, the seven-member Legislative Coordinating Council can pass legislation, including gaming compacts, when the full Legislature is not in session. But to pass the compact recently negotiated by Gov. Kathleen Sebelius and the Kickapoo and Sac and Fox tribes, the LCC would have to vote by Dec. 9, requiring a special meeting.
That meeting will not take place, said Senate Minority Leader Anthony Hensley, one of seven members of the LCC.
According to state law, it takes three members of the LCC to call a special meeting. Hensley said he was one of three members willing to do that if Sebelius' office could provide assurances that the compact would have the five votes necessary for passage before the Dec. 9 deadline.
Matt All, general counsel for Gov. Kathleen Sebelius, said Wednesday that won't happen because the swing votes on the issue -- Senate President Dave Kerr and House Minority Leader Dennis McKinney -- wouldn't commit to voting for the compact..
According to All, the compact will now go the full Legislature if the tribes decide to try their luck with that body, which is generally seen as anti-gaming.
Hensley, however, held out little hope that the Legislature would adopt the compact or any other expanded gaming.
While Kerr and other members of the LCC argued that major issues like expanded gaming should be voted on by the full Legislature, Hensley called that argument "disingenuous."
"It's not unprecedented for the LCC to approve one of these compacts," he said. "We've done it twice before."
Hensley said he was disappointed that House Speaker Doug Mays would not recognize House Speaker Pro Tem John Ballou when Ballou attempted to move for approval of the compact during the LCC's regular monthly meeting in November.
LCC approval of the compact would have prevented the perennial gaming debate from diverting the Legislature's attention from more important issues, like school finance, during the upcoming session, Hensley said.
Passage of the compact, which would allow 600 slot machines at each of the state's three pari-mutuel tracks, also would reinvigorate the Kansas greyhound industry and give the state a $50 million a year share of casino proceeds, he said.
Hensley said Kerr, who won't return to the Legislature in January, helped kill those benefits by tying his support for the compact to an unrealistic stipulation.
"He wanted the governor to announce publicly that this compact would basically end any future opportunity for gaming in Wichita," Hensley said. "That's an ultimatum that is unacceptable. The governor would not be willing to make that kind of an announcement.
I'm not sure a WyCo casino would cut that deep into the existing market except for Argosy. When you look at a Village West casino, you're talking about putting it in an existing tourist district. It'd be like putting a casino next to the Mall of America or something like that (which has been proposed up there). I'm sure there will be a little fall-out. It's too bad that Argosy didn't just try to build in Wy Co instead of rebuilding in Riverside.KC0KEK wrote: Can this market really support another casino?
WTF??trailerkid wrote: It's too bad that Argosy didn't just try to build in Wy Co instead of rebuilding in Riverside.
Is that what it costs to upgrade to 20th century science books??Kansas lawmakers have to come up with $568 million to fund schools over the next few years
Today's Wall Street Journal had an editorial on the court's ruling.KCMax wrote: Kansas lawmakers have to come up with $568 million to fund schools over the next few years.
