Kansas star casino

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However, the casino operator persisted in contesting the valuation, asserting the property's actual worth was approximately $75 million, significantly less than the assessed value. Initially valued at $225 million by the Sumner County Assessor in 2012, the valuation was later reduced to $175 million after Boyd Gaming's appeal. The valuation discrepancies originated from varying assessments. 'We know for the next five years our valuation is going to be correct.' Instead of waiting for a judgment to come out, we know what we're paying,' said Austin St.

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' It's positive that we know what to expect. The recent court ruling favors Boyd Gaming, asserting that the casino had been overtaxed and mandating the refund. The disagreements revolved around the casino's property valuation and subsequent tax obligations, with Boyd Gaming repeatedly contesting the assessed value and tax responsibilities since the casino's establishment. After a protracted legal battle between Sumner County, the City of Mulvane, and Boyd Gaming, the operator of the Kansas Star Casino, a state court decision has mandated a reimbursement of over $19 million to the gambling venue due to alleged overpaid property taxes dating back to 2014.

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