TOPEKA (AP) – Kansas Gov. Sam Brownback says revenues generated by two new state-owned casinos should be used to pay off bonds early.
Brownback said Wednesday night in his annual State of the State address that the state’s debt, used to finance highway construction and other projects, is a burden on residents’ children and grandchildren.
The governor noted that the state will receive revenues from a casino that opened last month in Mulvane and another due to open in February at Kansas Speedway in Kansas City, Kan.
Private developers are operating the casinos for the Kansas Lottery, and the state claims 22 percent of the gambling revenues.
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Brownback’s administration was expected to release his proposed budget Thursday, including details of the plan to use gambling revenues to pay off bonds.