Kansas Lottery approves merger of gaming companies
11/14/2012 5:53 PM
08/05/2014 10:59 PM
The Kansas Lottery Commission on Wednesday approved the merger of Las Vegas-based Boyd Gaming with Peninsula Gaming, which built and is managing the Kansas Star Casino in Mulvane.
The commission also approved transferring Peninsula’s management contract with the state to Boyd.
The Lottery owns and operates the games at the Kansas Star and two other state-owned casinos.
Boyd’s $1.45 billion purchase of Peninsula’s five casinos, including the Kansas Star, was announced in May. The deal is expected to close in December, about the same time the Kansas Star’s permanent casino opens.
Boyd still must pass background checks and be licensed by the Kansas Racing and Gaming Commission. The commission has been working on a background suitability study of the company, and will meet Friday in Dodge City.
Boyd owns and operates 17 gaming properties in Nevada, New Jersey, Mississippi, Illinois, Indiana and Louisiana. Its purchase of Peninsula will add five more properties, including the Kansas Star, to its portfolio. Boyd officials have said they plan no changes in the Kansas Star’s management team, its plans for future development, or anything else stipulated in Peninsula’s contract with the state.
Join the Discussion
The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.