In the news release, BUTLER NATIONAL CASINO ANNOUNCES MOBILE
SPORTS BETTING AGREEMENT WITH GOLDEN NUGGET ONLINE GAMING, issued
25-Aug-2022 by Butler National
Corporation over PR Newswire, we are advised by the company that
the text in paragraphs 3, 5, and 7 has been updated and revised.
The complete, corrected release follows:
BUTLER NATIONAL CASINO ANNOUNCES MOBILE SPORTS BETTING AGREEMENT
WITH GOLDEN NUGGET ONLINE GAMING
- Golden Nugget Online Gaming completes the
online sports betting platform lineup for Boot Hill Casino &
Resort -
OLATHE,
Kan., Aug. 25, 2022 /PRNewswire/ -- Butler
National Corporation (OTCQB: BUKS), through its wholly-owned
subsidiary that manages Boot Hill Casino & Resort in
Dodge City, Kansas, has entered
into an agreement with Golden Nugget Online Gaming, LLC (GNOG), a
subsidiary of DraftKings, Inc. (NASDAQ: DKNG), that could bring
GNOG's online interactive sportsbook to Kansas, subject to receipt of licenses and
regulatory approvals.
Butler National is a recognized provider of professional
management services in the gaming industry and a leader in special
mission aircraft modifications. As the Boot Hill Casino manager for
the State of Kansas, the new
sports betting law allows Butler National's subsidiary, subject to
regulatory approvals, to contract with three sports wagering
platform providers, in addition to offering sports wagering at a
retail sportsbook in the Boot Hill Casino facility located in
Dodge City.
"We're pleased with the regulatory efforts to implement sports
wagering in Kansas," said
Clark Stewart, President and CEO of
Butler National Corporation.
Upon the launch of sports wagering in Kansas, anyone legally permitted within the
geographical boundaries of Kansas
will be able to place bets directly from their mobile devices or
computers by accessing a participating sports book or visiting a
lottery gaming facility.
"Golden Nugget Online Gaming is a recognized and established
brand within the gaming industry. We're thrilled our
customers may soon experience all the excitement that online sports
betting has to offer," added Stewart. "We're excited for
Golden Nugget Online Gaming, to be able to bring Kansans a
seamless, safe and premium sports betting experience through its
Golden Nugget Online Gaming-branded sportsbook, subject to receipt
of requisite regulatory approvals."
GNOG's mobile sportsbook would offer eligible Kansans a robust,
interactive suite of sports betting solutions and Kansas City fans will recognize the "Golden
Nugget Online Gaming" brand as a trusted and legacy provider of
gaming entertainment.
"We are looking forward to driving new tourism and revenue for
the State of Kansas into
Dodge City," said Stewart.
About Butler National
Corporation:
Butler National Corporation has been a recognized provider of
professional management services in the gaming industry for more
than 25 years. Following the enactment of the Kansas Expanded
Lottery Act (KELA), Butler National competed for a contract to
manage a Lottery Gaming Facility for the State of Kansas. In 2008, Butler National
Service Corporation (a Butler National Corporation subsidiary)
proposed and was awarded a contract to manage the Boot Hill Casino
& Resort in Dodge City. When
Boot Hill Casino opened in 2009, it was the first state-owned and
operated casino in Kansas. In
addition to its gaming division, Butler National manufactures,
sells and services support systems for private, commercial and
military aircraft.
About Boot Hill Casino &
Resort:
Boot Hill Casino & Resort, managed by BHCMC, LLC and Butler
National Service Corporation, wholly-owned subsidiaries of Butler
National Corporation (OTCQB: BUKS), features over 500 electronic
gaming machines, 14 table games, and a 150-seat casual dining
restaurant known as Firesides at Boot Hill.
The $90 million Boot Hill Casino
project opened in December 2009. The
lottery facility games at Boot Hill Casino & Resort are owned
and operated by the Kansas Lottery. The Kansas Racing and Gaming
Commission provides regulatory oversight for the casino. For more
information about Boot Hill Casino & Resort, please visit us at
www.boothillcasino.com, or call us at 1.877.906.0777.
Forward-Looking
Information:
Statements made in this report, other reports and proxy
statements filed with the Securities and Exchange Commission,
communications to stockholders, press releases, and oral statements
made by representatives of the Company that are not historical in
nature, or that state the Company or management intentions, hopes,
beliefs, expectations or predictions of the future, may constitute
"forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended (the "Exchange
Act"). Forward-looking statements can often be identified by the
use of forward-looking terminology, such as "could," "should,"
"will," "intended," "continue," "believe," "may," "expect," "hope,"
"anticipate," "goal," "forecast," "plan," "guidance" or "estimate"
or the negative of these words, variations thereof or similar
expressions. Forward-looking statements are not guarantees of
future performance or results. They involve risks, uncertainties,
and assumptions. It is important to note that any such performance
and actual results, financial condition or business, could differ
materially from those expressed in such forward-looking statements.
Factors that could cause or contribute to such differences include,
but are not limited to, those discussed in Item 1A of the Company's
Annual Report on Form 10-K, incorporated herein by reference. Risk
Factors and elsewhere herein or in other reports filed with the
SEC. Other unforeseen factors not identified herein could also have
such an effect. We undertake no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes in future operating
results, financial condition or business over time.
FOR MORE INFORMATION, CONTACT:
Melinda
Tiemeyer
mtiemeyer@parriscommunications.com
|
Ph (816)
721-1000
|
|
|
David
Drewitz
david@creativeoptionscommunications.com
www.creativeoptionscommunications.com
|
Ph (972)
814-5723
|
THE WORLDWIDE WEB:
Please review
www.butlernational.com for information about Butler National
Corporation and its subsidiaries.
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SOURCE Butler National Corporation