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Woodlands Track In Kansas To Close In August

Friday, 25th July 2008

Meanwhile in Kansas City, The Woodlands "plans to close, at least temporarily, on August 24 after failing to reach a satisfactory agreement on the division of slot machine revenue," reported thoroughbredtimes.com. Last year voters "overwhelmingly approved a measure" that gave The Woodlands (which has struggled for years with competition from casinos in nearby Missouri) the right to add 800 slot machines; the law allocated 25% of gross revenue to The Woodlands, which was scheduled to operate a 32-day meeting from September 20-November 2. But the track & the state have been negotiating "how an additional 15% of the gross from slot machines would be divided" & Kansas Lottery director Ed Van Petten confirmed: "They told us last week they just couldn't make the numbers work. The distribution of funds is such that they just didn't feel they could make any money at it."

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