Kansas Rebounds From Cordish Loss By Finalizing Dodge City Casino
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The state of Kansas and casino gambling have gotten off to a rocky relationship. The state Racing and Gaming Commission has awarded three separate contracts to casino developers, only to watch them all eventually bail out of the projects.
Today, they may have finally received some good news. According to Butler National Corp., the Kansas Racing and Gaming Commission has signed off on a deal for the company to develop a casino in Dodge City.
Butler National will now have the task of building a projected $87.5 million casino. The casino is expected to bring the state revenue annually of $40 to $60 million. The news today comes as a welcomed surprise to Kansas.
In the past several months, Sumner, Penn National, and Cordish have all pulled out of deals that would have had them operating state owned casinos in Kansas. Two of the three cited the current state of the economy as their reason.
The other developer, Penn National, reneged on their deal because they were afraid they could not compete with the product a neighboring casino was offering.
The Boot Hill Casino and Resort will be the name of the new facility. The end of 2009 is the projected opening date of the first phase of the casino. The second phase will take a bit longer, perhaps up to three years.
At A Time When Casinos Are Cutting Jobs, Greektown Adds Employees
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The current state of the economy in the United States has lent itself to many jobs being lost in the casino industry. That fact is what makes what Greektown Casino Hotel is doing all the more shocking.
At a time when many casinos around the country are slashing jobs, Greektown is making a bold move to hire 170 new employees. The move by the Detroit casino corresponds with the opening of their International Buffet on December 22nd.
That appears to be only the beginning of the hiring process for the casino. They are also planning on hiring another 150 employees for their new casino opening in February. Eventually there will be around 400 additional employees for the new casino.
“It is truly remarkable that at a time when others are firing employees, Greektown is providing employment opportunities to residents of their state. Those jobs are much needed and will be greatly appreciated,” said Fran Grubold, a Detroit native. The positions that are available involve mostly food services. There are also several positions in security, purchasing, and engineering. Many of the jobs are full time to go along with the part time positions that are available.
Casinos around the country have been laying off workers in record numbers. They are one of the hardest hit industries under the current financial strain on Americans. Usually casinos survive tough economic times, but this time things appear to be different than in the past, with many casinos already closing their doors.