Comment on Delaware casino industry eyes financial relief

Delaware casino industry eyes financial relief

DOVER, Del. (AP) — An industry group representing Delaware's three casinos is asking state lawmakers to revise revenue-sharing models so that the casinos can remain profitable amid increasingly intense competition from casinos in other states. Casino representatives on the council also voted Thursday to ask that the tax rate on table games be revised, either by lowering the rate or by subtracting half the revenue to help casinos cover payrolls for the labor-intensive games before distributing the remaining money among the state, the casinos and the horse racing industry. Representatives of the horse racing industry are opposed to increasing the state share of slot vendor fees or earmarking half of table game revenues for casino payrolls because those moves would mean less money for the horsemen.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News