Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Keeping Cards Close

Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Keeping Cards Close

The Delaware land-based casino sector has been struck hard by increased competition from brand new markets in neighboring states, as the more recent and shinier casinos of Pennsylvania and Maryland outperform its three struggling, and highly taxed, racinos.

Dover Downs is Delaware’s biggest and just publicly traded racino, but high domestic taxes and increased competition across the state line means crisis for the home as well as the state’s two other racinos.

The sector, which comprises Harrington Raceway, Dover Downs, and Delaware Park, peaked in 2006, the 12 months Pennsylvania began issuing its first casino licenses, when slot revenues hit more than $650 million. By 2016, slots and table revenues combined had plunged to $398 million.

Meanwhile, outfall from the new MGM nationwide Harbor, which exposed in Maryland late final year, stands poised to be the final nail in the coffin. That property caused other casinos in Maryland and West Virginia to ramp up their own advertising drives, drawing even more customers away from Delaware’s ailing properties.

The three racinos cannot compete because they spend higher state taxes than their counterparts across the edge, and they are begging legislators for help.

Taxed Out of the Market

This week, the Delaware’s Video Lottery Advisory Council (VLAC) met to talk about the status of Diamond State’s three casinos. The council is tasked [Read more…]

Casino News: $3M Payout, Nebraska Casinos, Chinese AI

Casino News: $3M Payout, Nebraska Casinos, Chinese AI

This week’s casino news features a check out the future as to how casinos might employ AI. Before we have to that story we’ll begin with a story that is bizarre of injury at Jack Casino.

Girl Awarded $3 Million After Tripping On Damp Floor Sign At Jack Casino

Casino patrons have gathered winnings that are big the home before but we’ve seldom heard of tales like this.

A lady who fell on a collapsed ‘wet floor’ sign at Jack Casino was awarded $3 million by a Hamilton County jury as result of the spill. Lynda Sadowski suffered a broken kneecap and needed metal equipment put into her knee after falling on the sign. According to her lawyer, Sadowski’s mobility has worsened since her fall and a surgery that is second the leg might be required.

The casino argued in court that the injury was a total result of the woman’s failure to pay for attention to her surroundings when she tripped on the sign, the jury disagreed with their position. While the woman will have to handle some pain that is ongoing the incident, she might not mind it nearly as much after the $3 million payment she was awarded.

Choice On Casino Gambling In Nebraska Will Be Left Up To Voters

Supporters of legalised casinos in the state of Nebraska have launched a formal petition drive to move the issue on to the ballot for 2020. The petition has backing that is financial the economic corporation owned by the Winnebago Tribe of Nebraska. The motion means that vot [Read more…]