DC Resort & Gaming In Wichita Eagle Today

[Made in the USA]

There is something "fishy" about this group?!

Wichita investors bet big on Dodge City | Kansas.com

[Detector]

Well I don't know about their business practices, but it's good to see at least someone gets it.

The goal, he said, is to turn Dodge City into the Branson of the Old West.
"There isn't really any place in the country you would call the western entertainment capital of the country. It doesn't exist," Joseph said. "Dodge City's ready-made for it."

[Clueless]

Originally Posted by Made in the USA

There is something "fishy" about this group?!

Wichita investors bet big on Dodge City | Kansas.com

You might be on to something - mostly, they're far from having local interests or concerns.

[Mike B.]

If there is something "fishy" about this group I guess I just don't see it. If there is I'm hopeful the State will smell it.

I think their interest and concerns rests in the potential of making big dollars at southwest Kansans expense. Most likely the same interest that Butler National holds. Both enterprises are out to make money. Granted, Butler has local people involved and it's easier for them to say they are concerned about Dodge because it's their community also. Which is a valid point...But I'd be willing to bet....the bottom line is about making money and concern, if the truth be told, comes in at a distant second.

If it were my decision to make I'd have to go with Butler National in hopes that the local individuals involved would come through for thier community. After all, if someone is going to be making money it might as well be my neighbor.

[Arkansaspm]

Clueless.

Two questions.

1 - For the good of Dodge City and South West Kansas, will you as a person support Dodge City Resort & Gaming, "IF" they should be selected to build and operate a Casino in Dodge City?

2 - As public information, will your company, Butler National, supply name and percentage of ownership?

According to information that you can look up on the internet, Dodge City Resort & Gaming has listed.

Principals/Owners: Members of the Long Branch Gaming Company,LLC (15%), is the development manager; Ingenus Management and Consulting , LLC (15%), is a professional casino management company; Lawrence Steckline Revocable Trust (8%); BDW Investments, LLC (8%); Vosburgh Properties, LP (8%); Brad Murray Revocable Trust (4%); Carol Murray Revocable Trust (4%); John Murray (8%); Lies Investments LP, (8%); Dana Lies Revocable Trust (8%); Jay Maxwell Trust (6%); Kenneth Mimmack (2%), who is the CEO of Ingenus Management; Christopher Joseph (3%); Stephen Joseph (3%); Attorney Stephen Joseph (Wichita) is the President of applicant. David Wirshing, the COO of Ingenus, intends to acquire an equity interest in the applicant. Kathy J. Reiner, theCFO of Ingenus as well as the applicant's Treasure, will be aquiring a 2% equity interest in applicant within a few days.

It appears to me that Dodge City Resort & Gaming is being very up front with all information.

You stated," they're far from having local interest, or concerns". If that is the case, WHY, was the average person from Dodge City not given a chance to invest in this operation. I would have invested my Economic Stimulus Payment to make Dodge City grow.

[old timer]

Neither casino applicant is actually 'local' -- that Butler National and Dodge City Gaming both have local lobbyist groups is true. That Butler National has the local CFAB Chair listed as their real estate agent is a true conflict of interest, but counts as 'local' in some form I guess.

I think of Wichita as more local than Olathe, but what's a few hundred miles. Butler National is a stock owned company, so their share holders, if ever listed, might be from China -- or maybe local politicans, too ? (Given their low value, buying them outright would be possible by 'locals' I guess. Just a few million dollars and that casino application could be owned by you or me.... )

No way to know who owns Butler, actually. There is nothing more local about one than the other. That's a fact. And both are equally Kansas operated. The July 31st public comment Dodge City meeting might bring up some issues about one or the other, issues that could cause long legal delays. And delay is one issue that the state of Kansas may want to avoid. We'll see.

[Clueless]

Originally Posted by Arkansaspm

Clueless.

Two questions.

1 - For the good of Dodge City and South West Kansas, will you as a person support Dodge City Resort & Gaming, "IF" they should be selected to build and operate a Casino in Dodge City?

2 - As public information, will your company, Butler National, supply name and percentage of ownership?

According to information that you can look up on the internet, Dodge City Resort & Gaming has listed.

Principals/Owners: Members of the Long Branch Gaming Company,LLC (15%), is the development manager; Ingenus Management and Consulting , LLC (15%), is a professional casino management company; Lawrence Steckline Revocable Trust (8%); BDW Investments, LLC (8%); Vosburgh Properties, LP (8%); Brad Murray Revocable Trust (4%); Carol Murray Revocable Trust (4%); John Murray (8%); Lies Investments LP, (8%); Dana Lies Revocable Trust (8%); Jay Maxwell Trust (6%); Kenneth Mimmack (2%), who is the CEO of Ingenus Management; Christopher Joseph (3%); Stephen Joseph (3%); Attorney Stephen Joseph (Wichita) is the President of applicant. David Wirshing, the COO of Ingenus, intends to acquire an equity interest in the applicant. Kathy J. Reiner, theCFO of Ingenus as well as the applicant's Treasure, will be aquiring a 2% equity interest in applicant within a few days.

It appears to me that Dodge City Resort & Gaming is being very up front with all information.

You stated," they're far from having local interest, or concerns". If that is the case, WHY, was the average person from Dodge City not given a chance to invest in this operation. I would have invested my Economic Stimulus Payment to make Dodge City grow.

1) Of course - the goal over all of the years has been to have the opportunity for a casino in Dodge City and it's been accomplished - there will be one. That is far more important to the growth of our tourism, entertainment and western heritage venues than whether it's Boot Hill Casino & Resort or Dodge City Resort & Casino. My personal effort was always centered on the benefit to our community and existing businesses - not who was going to manage the casino. That will never change!

I favor one because of my long working relationship and knowledge of their character and commitment to the community. They haven't made a lot of promises - they've made statements of what they intend to do and followed through. Evidenced mostly by buying their land.

2) First, they are not my company - I'm not employed by them and if they are successful in being chosen, I will not be involved with the Casino in any way. As far as I know, Butler National owns 100% of all assets that are involved with the casino proposal. On July 31 I believe they will provide exact detail of capital and debt financing of the casino project.

I don't mean this to sound wrong - but, both groups have been very upfront with ownership information. DCRG listed their owners above, and Butler listed themselves.

Re: local investment - I'd have invested too - but it's multi-millions of dollars and way out my range. However, Butler National is a public company and shares can be purchased by anyone. So, from that viewpoint I guess everyone can risk an investment in their proposal.

[old timer]

I'm not employed by them

Guess that is different than being a paid lobbyist ? Just checking.

[Redhead 18]

Thanks Clueless;

I do appreciate your answers. First off I will admit that I made a mistake when I implied using “will your company”. I know that is wrong. It should have been, the company that you support. Sorry about that.

One thing that I do not understand, you stated, “As far as I know, Butler National owns 100% of all assets that are involved with the casino proposal”.

If that is the case, How do we have Local People involved. Will Butler, construct the Casino plus operate the same? Was this term, Local People used to get the Casino off the ground?


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Butler National's Contract To Manage Casino Approved and Forwarded by Kansas
Lottery Commission to Lottery Gaming Facility Review Board

OLATHE, Kan., May 28 /PRNewswire-FirstCall/ -- Butler National Corporation
(OTC Bulletin Board: BUKS) announces its wholly owned subsidiary, Butler
National Service Corporation, a recognized provider of professional management
services in the gaming industry, received approval from the Kansas Lottery
Commission of its management proposal and contract for the Southwest Gaming
Zone. The Lottery Commission directed the Executive Director of the Kansas
Lottery, on behalf of the State of Kansas, to forward the Management Contract
with Butler National Service Corporation to the Lottery Gaming Facility Review
Board.
Butler National is one of two applicants proposing to manage the Ford
County/Southwest Gaming Zone Casino forwarded to the Review Board. The
Contract does not become effective until approved by the Lottery Gaming
Facility Review Board and the Kansas Racing and Gaming Commission. This
approval could be in December 2008.
The Boot Hill Casino and Resort plan is to have 800 slot machines and 20
table games. The plan includes a 124-room luxury hotel, a spa, restaurants,
and a 500 seat conference center/entertainment venue implemented in a phased
approach. The estimated project cost is $92.9 million.
The estimated average net machine income per day is $180. The estimated
average net table income per unit per day is $671. The State of Kansas will
receive 27% of the gaming revenue with additional incentives based on casino
performance.
"We are excited to move to the next step in this process. The Lottery
Gaming Facility Review Board must now make important decisions for the future
of Kansas. We are convinced that Butler National Service Corporation is the
best applicant to manage a destination casino known as the Boot Hill Casino
and Resort in the Southwest Gaming Zone. We understand the needs of western
Kansas. As the destination casino manager, we will best serve the interests
of Dodge City, Wild West Country and the state of Kansas," commented Clark D.
Stewart, President and CEO.
Our Business:
Butler National Corporation operates in the Aerospace and Services
business segments. The Aerospace segment focuses on the manufacturing of
support systems for "Classic" commercial and military aircraft including the
Butler National TSD for the Boeing 737 and 747 Classic aircraft, switching
equipment for Boeing/Douglas Aircraft, weapon control systems for Boeing
Helicopter and performance enhancement structural modifications for Learjet,
Cessna, Dassault and Hawker/Beechcraft business aircraft. Services include
electronic monitoring of water pumping stations, temporary employee services,
Indian gaming services and administrative management services.
Forward-Looking Information:


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There is no assurance that Butler National will be awarded a contract to
manage a state-owned facility. Kansas Senate Bill 66 provides for a fairly
complex applicant review and selection process. Butler National plans to use
its best efforts to acquire rights to manage a gaming facility on behalf of
the State of Kansas.


------------------------------------------------------------------------------------------------------------

The information set forth above may include "forward-looking" information
as outlined in the Private Securities Litigation Reform Act of 1995. The
Cautionary Statements and Risk Factors, filed by the Company as Exhibit 99 to
the Company's Annual Report on Form 10-K and Section 1A of Form 10-K, are
incorporated herein by reference and investors are specifically referred to
such Cautionary Statements and Risk Factors for discussion of factors, which
could affect the Company's operations, and forward-looking statements
contained herein.
Reference Information:
The Lottery Commission forwarded ten signed contracts of developers
seeking to become lottery gaming facility managers in Kansas to the Lottery
Gaming Facility Review Board. Information about the contracts approved by the
Lottery Commission is available on the Kansas Lottery internet site under the
respective gaming zones at Kansas Lottery Redirect Page.
FOR MORE INFORMATION CONTACT:
Craig D. Stewart, Investor Relations Phone: (214) 498-7775
Butler National Corporation Phone: (913) 780-9595
19920 W. 161st Street Fax: (913) 780-5088
Olathe, KS 66062

Jim Drewitz, Public Relations Phone: (830) 669-2466
Creative Options Communications
jim@jdcreativeoptions.com

For more information, please visit the Company web site:
Butler National Corporation Home Page
SOURCE Butler National Corporation

Craig D. Stewart, Investor Relations, Butler National Corporation,
+1-214-498-7775, +1-913-780-9595, Fax, +1-913-780-5088; or Jim Drewitz, Public
Relations, Creative Options Communications, +1-830-669-2466,
jim@jdcreativeoptions.com

[K C Muffin]

Thanks for the link. I have been too lazy to find it myself and since they are Olathe-based, I was curious. The street address they use is odd to me. I think that's a residential area, but I could be dead-wrong.

I see a lot of aircraft work on the site. It looks like they do more than just invest in gaming. I don't really know what that means, it's just a fact. Just makes me wonder how this group would be better than another, really.

Dodge has a lot of decisions to make. Help your leaders make good ones!