Tag: Delaware gambling
Time for a tough talk on Delaware gambling
Delaware Online – Delaware still has not cured its gambling problem. The state remains dependent on a casino levy that grows more vulnerable every time a competitor opens its doors across the state line. A series of recommendations from a state task force will help keep Delaware’s three casinos alive, but the proposals will not solve the revenue problem. The Delaware study commission recommended changes in the way money is split between the state, the casinos and the horse-racing industry. The recommendation would cost the state about $9.9 million in the next fiscal year. The panel’s proposals are not guaranteed…
Delaware won’t be able to contain online gambling
From Delaware Online – Delaware has posted its proposed regulations for Internet gambling. The document is 27 pages of dry legalese, designed to cover every possible option that a would-be licensed agent and provider could conjure up. It’s pretty impressive stuff. But it won’t work. Not that there is anything wrong with the regulations. I’ll leave that to the lawyers and other professionals to decide. It won’t work in the sense that Delaware is trying to contain online gambling. The state wants controls and safeguards that would protect the public and the state’s interests. The dangerous word in those sentences…
Casino competition hits Delaware in the wallet
From USA Today Struggling to stay afloat, Delaware’s embattled gambling industry has pushed a simple message at state lawmakers here: Help us, or workers will be laid off. But the reality is much more complicated and troubling for Delaware’s casinos. Gaming revenue in Delaware fell sharply in 2012. The first half of 2013 has been even worse. And darker days could lie ahead for the state’s three casinos in 2014 and beyond as competition from other states intensifies. Some degree of layoffs could be inevitable in the near term, no matter what action legislators decide to take. Casino operators have…