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MGM  and Foxwoods shake hands on new Kansas casino

Partnership between MGM Mirage and Foxwoods Development Co. to develop a casino in Kansas.

MGM  and Foxwoods shake hands on new Kansas casino MGM Mirage (NYSE: MGM) and Foxwoods Development Co. have partnered on a casino proposal, it was announced on Monday. The proposed casino will be named Chisholm Creek Casino Resort and will feature 2,000 slot machines, over 50 gambling tables and 250 hotel rooms. It will sit on 176 acres near Mulvane, Kansas. According to the latest reports, the casino management companies will split 90% ownership of the new casino and 10% will go to the Iowa Tribe of Kansas and Nebraska and Chisholm Creek Ventures. Further details of the deal have not been released. MGM will submit the application to the Kansas Lottery Commission on Tuesday.

 This is not the first time these two casino giants shake hands. Last year MGM and Foxwoods formed the Unity Gaming LLC partnership, which manages various gambling and non-casino projects. The two companies are working on a large casino project in Connecticut, as well.

 Published on 11/12/2007

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