The owners of Hollywood Casino at Kansas Speedway have paid more than $12 million in penalties for failing to build a hotel in conjunction with the casino. Kansas Entertainment LLC, a joint venture between PENN Entertainment and International Speedway Corp., now part of NASCAR, since 2015 has made $12.1 million in annual payments to the Unified Government of Wyandotte County/Kansas City, Kansas. The yearly sums range between $988,215 and $2,333,850 over that timeframe, according to data obtained through a recent records request. The penalties stem from Kansas Entertainment’s failure to build a hotel as stipulated in its September 2009 casino development agreement with the Unified Government.
Source: Kansas City Business Journal
