Penn National pulling out of SEK

12 September 2008

PITTSBURG -- As reported by The Morning Sun: "Penn National Gaming announced plans on Thursday to pull out of a proposed Cherokee County casino off Interstate 44, leaving officials disappointed but moving onward.

"Penn National had told Kansas gaming officials last month that a casino in southeast Kansas relied upon Penn getting the contract for a casino in the South Central Zone, located just south of Wichita. Penn National was not awarded the contract for the South Central Zone, which went to Harrah's.

"Also, Penn National cites the now-competitive market that exists with the Downstream Casino Resort nearby as one of the primary reasons for leaving the Southeast Zone..."

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