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KLC approves contracts w/ three casino applicants - KOAM TV 7

KLC approves contracts w/ three casino applicants

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The Kansas Lottery Commission today approved contracts with three applicants seeking to become a Lottery Gaming Facility Manager in the Southeast Kansas Gaming Zone. After the contracts are signed by Kansas Lottery Executive Director Terry Presta, they will be forwarded to the Lottery Gaming Facility Review Board April 30.

In approving the contracts, the Lottery determined that these applicants met minimum requirements as provided in the Kansas Expanded Lottery Act. Those requirements include local endorsement, having sufficient access to financial resources to support the activities required of a Lottery Gaming Facility Manager, and no less than three consecutive years of experience in Class III gaming.

The Lottery Commission heard presentations from the three applicants April 15 at Lottery headquarters. The Commission approved contracts with these applicants:

Project Name: Kansas Crossing Casino & Hotel

Applicant: Kansas Crossing Casino, L.C.

Primary Members: Bruce Christenson, Jonathan Swain, Natalie Schramm, Brent Stevens, George Laham, Bruce McPherson, Michael McPherson, James Walker, Nancy Seitz

Proposed Location: Pittsburg, Junction of Highway 400 and Highway 69

Project Name: Camptown Casino

Applicant: Frontenac Development, LLC

Primary Members: Camptown, LLC (Phillip G. Ruffin, Director)

Proposed Location: Frontenac, Former Camptown Greyhound Park

Project Name: Castle Rock Casino Resort

Applicant: Castle Rock Casino Resort LLC

Primary Members: Air Capital Gaming, LLC (Rodney Steven II and Brandon Steven, Owners); 5 K, LLC; Crystal River Investments, LLC; David Becker; Gregory Schmidt; JCB, LLC; Johnny Steven; Jolly Boys Partners, LLC; Joplin Holdings, LLC; Michael Steven; MOECR LLC; Murfin, Inc.; Robert S. Rudd; Roll It, LLC; Rucker Properties, LLC; SE Kansas. LLC; SEK Investments, LLC; Transcontinent Holding Company, LLC; Gregory Ferris

Proposed Location: Cherokee County, north of I-44 on U.S. Highway 400

The seven-member Lottery Gaming Facility Review Board will then have up to 60 days to select the apparent successful candidate or send the contracts back to the Lottery for further negotiations. After the Review Board selects the apparent successful contract, there is a final step. The Kansas Racing & Gaming Commission (KRGC) must complete a background investigation within 10 days to approve or disapprove the applicant. The Governor can grant extensions of up to 60 days each for the Review Board and the KRGC, if requested.

The Lottery Gaming Facility Review Board is attached to the Kansas Racing & Gaming Commission. For more information on activities of the Review Board, visit http://www.krgc.ks.gov/index.php/overview/lottery-gaming-facility-review-board

The 2014 Kansas Legislature amended the Kansas Expanded Lottery Act (KELA) to reduce the required investment in infrastructure from $225 million to $50 million and the privilege fee from $25 million to $5.5 million in the Southeast Kansas Gaming Zone, which includes Crawford and Cherokee counties in Kansas.

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