The venture plans to break ground for construction of thefacility overlooking Turn 2 at Kansas Speedway on April 30, with aplanned opening in the first half of 2012. The initial phaseincludes a 100,000-square-foot casino floor with capacity for 2,300slot machines, 61 table games and 25 poker tables, a high-energylounge and a variety of dining and entertainment options. Thelong-term development plans include additional phases, which, basedon market demand, could bring a hotel, expanded gaming space, aspa, convention center and an entertainment retail district toKansas Speedway, said the venture in a statement Friday.

Pursuant to the terms of the joint venture, Kansas Speedwaycontributed 101 acres for the development of the new facility. Pennand Kansas Speedway will equally share the full project developmentcosts.

Kansas Entertainment has agreed to commit 1% (or approximately$2.2 million) of gaming revenue annually to the Unified Governmentof Wyandotte County for unrestricted civic use, plus annualcontributions of $500,000 per year to non-host school districts,$500,000 per year to community services and charitable causes,$100,000 to Unified Government Parks & Recreation, $25,000 toConventions & Visitors Bureau and $10,000 per year to localchambers of commerce.