casinos

Local News
9:11 am
Mon July 14, 2014

Online Gambling is a Revenue Bust in Delaware

Credit Dover Downs Casino Website

DOVER, Del. (AP) - Delaware's first fiscal year of online gambling has fallen well short of its target of $5 million in revenue.

The Wilmington News Journal reports the venture brought in little cash for the state and none for Delaware's casinos.

Since the nation's first online gaming platform with video lottery and table games rolled out in November, online gambling has brought in $1.2 million. The state's return after startup and vendor fees came to $318,000.

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Local News
8:21 am
Thu June 26, 2014

Delaware Senate Approves $10 Million Casino Bailout Bill

Credit Don Rush

DOVER, Del. (AP) - Senate lawmakers have approved a $10 million financial bailout for Delaware's three gambling casinos.

The Senate voted 14-5 Wednesday on legislation to help the casinos, which say they are struggling with increased competition from neighboring states and have to share too much of their gambling revenue with the state.

The bill, which now goes to the House, calls for the state to help pay vendor costs for slot machines that currently come out of the casinos' share of gambling revenue.

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Local News
10:20 am
Fri June 20, 2014

Delaware Casinos Slated for State Bailout Money

Credit Don Rush

Delaware Casinos are expected to get $9.9 million a year in assistance in an amendment in the state Senate.

The offer came up a day after closed door meetings this week and will be offered up for a vote in the Senate on Tuesday.

It comes after $8 million was provided this year.

State Senator Brian Bushweller, sponsor of the amendment, told the Wilmington News Journal that the limited help would not necessarily guarantee a solution to the casinos’ financial problems.

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Local News
7:44 am
Wed May 21, 2014

Data Incomplete for Minority Participation in MD Casino Industry

Credit Don Rush

ANNAPOLIS, Md. (AP) - A Maryland audit on minority business participation at casinos has found that data is incomplete.

The audit by the state's Office of Legislative Audits released Tuesday found data provided by licensees was accurate and published by the Maryland Lottery and Gaming Control Commission in 2012.

But the audit says construction expenditure data for two licensees for all of calendar year 2012 was not included. The audit says that's because the Governor's Office of Minority Affairs did not obtain comprehensive data from the licensees.

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Local News
7:51 am
Wed April 30, 2014

Delaware Could Pick Up the Tab to Boost Casinos

Credit Don Rush

DOVER, Del. (AP) - Delaware lawmakers are poised to introduce proposed revisions to gambling laws that could cost the state more than $20 million a year.

Finance secretary Tom Cook told an industry panel Tuesday that a bill revising how Delaware's three casinos share gambling revenue with the state will be introduced this week.

The legislation is based on recommendations from a study commission led by Cook that discussed how to help Delaware's casinos as they struggle with competition from neighboring states.

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Local News
8:21 am
Thu March 27, 2014

Banning Online Gambling Considered by Congress

Credit freepokerphotos.com

WASHINGTON (AP) - Lawmakers from both parties are introducing legislation in Congress that would ban online gambling. The unveiling of the bills sets the stage for an uncertain battle in Congress.

The measures are aimed at reversing a 2011 decision by Attorney General Eric Holder that a 1961 law used in recent years to curb Internet gambling only barred sports betting. The bills introduced Wednesday would broaden the prohibition to where it stood before Holder's ruling.

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Local News
7:57 am
Thu March 20, 2014

Doubts About Breaks for Delaware Casinos

Credit Don Rush

The proposal to give casinos more than $20 million in state assistance is running into skepticism in the Delaware General Assembly.

Rep. Dennis Williams, a member of the House gaming committee, questioned where the money would come from.

He told the Wilmington News Journal that this was not a short-term two-year bailout but something that would become permanent.

And he reflected the opinions of other members of the committee that included its chair Rep. Charles Potter who voted against the proposal.

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Local News
9:05 am
Wed March 12, 2014

Plan to Provide State Money to Ailing Casinos in Delaware

Credit Don Rush

A Delaware commission is recommending that the state give casinos $30 million over the next two years in an effort to save the ailing industry.

The Lottery and Gaming Study Commission also recommends that state help cover vendor fees paid by the casinos.

The price tag: $9 million a year beginning in the next fiscal year.

The Wilmington News Journal also reports that the state would give up $7.2 million dollars in the 2016 year by reducing its share of the table game revenue from 30 percent to 15 percent.  

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Local News
8:28 am
Fri January 31, 2014

Saving the Delaware Casino Industry

Credit Don Rush

DOVER, Del. (AP) - Members of a panel examining how to keep Delaware's gambling industry competitive say they need more time to submit a report to lawmakers.

The commission was to submit its findings and recommendations on Friday.

But state finance secretary Tom Cook, the panel chairman, disclosed Thursday that members now expect to complete their work by Feb. 28.

A key issue for the panel is how much of a hit the state general fund should take in order to give a financial break to Delaware's three casinos.

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Local News
8:28 am
Tue January 7, 2014

Delaware Panel Examines Revenue Sharing Formula With Casinos

Credit Don Rush

DOVER, Del. (AP) - A panel examining how to keep Delaware's gambling industry competitive has yet to decide on recommendations for state lawmakers to consider.

The lottery and gaming study commission, which faces a Jan. 31 deadline to submit its report, met Monday to review several options, but members could not agree on any of them.

Several commission members noted that they are still awaiting a report from the accounting firm KPMG on the current status of Delaware's gambling industry.

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Local News
8:31 am
Thu December 5, 2013

Possible Change in Delaware's Gambling Revenue Sharing

Credit Don Rush

DOVER, Del. (AP) - A reconfiguration of the revenue sharing plan for Delaware's gambling industry could be among the recommendations made by a commission examining how to address competition from neighboring states.

Lawmakers established the lottery and gaming commission earlier this year to examine the competitive marketplace facing Delaware's gambling industry. The panel, which met Wednesday, faces a Jan. 31 deadline for reporting findings and recommendations to the governor and General Assembly.

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Local News
8:15 am
Wed December 4, 2013

Delaware Considers Casino Expansion

Credit Don Rush

DOVER, Del. (AP) - Members of a state panel looking at Delaware's gambling industry amid increasing competition from neighboring states is reviewing a report on the feasibility of allowing more casinos in Delaware.

Lawmakers established the lottery and gaming commission earlier this year to examine the competitive marketplace facing Delaware's gambling industry. The panel, which meets Wednesday at Legislative Hall, is facing a Jan. 31 deadline for reporting its findings and recommendations to the governor and General Assembly.

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Local News
9:12 am
Thu October 31, 2013

"Full Suite" Internet Gambling Tested in Delaware

Credit Don Rush

Delaware will become the first state in the nation to launch “a full suite” of internet gambling.

This is an effort by state officials and casino owners to keep revenues from gaming competitive with surrounding states that have expanded their gambling facilities.

The Wilmington News Journal reports that around 25 to 75 players have registered online to test out the system over the next week at the state’s three casinos.

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News
9:11 am
Fri September 6, 2013

Maryland Live! Casino Brings in the Big Bucks

Credit Don Rush

BALTIMORE (AP) - State officials say Maryland's four casinos generated $71 million in revenue in August, nearly three-quarters of it from the state's largest casino, Maryland Live!

The Maryland Lottery says Maryland Live! in Hanover brought in $53 million in August. Hollywood Casino Perryville brought in $7.6 million; the Casino at Ocean Downs generated nearly $6 million; and Rocky Gap Casino Resort made $4 million.

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News
8:51 am
Fri June 28, 2013

Delaware Senate Approves $3.7 Billion Operating Budget, Casinos Get $8 million Bailout

Credit Don Rush

 Operating Budget

DOVER, Del. (AP) - The state Senate has given final legislative approval to a $3.7 billion operating budget for the fiscal year that starts Monday.

Senators voted 17-4 Thursday for the spending plan, which now goes to Gov. Jack Markell for his signature. House members voted 40-to-1 Tuesday to approve the budget.

All five dissenting votes in the House and Senate came from Republican lawmakers, who expressed concerns about continued growth in the state budget.

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News
10:52 am
Fri June 21, 2013

$8 Million Bailout for Delaware Casinos

Credit wikimedia creative commons

DOVER, Del. (AP) - A legislative committee has agreed to give $8 million to Delaware's casinos as it wraps up work on a capital budget for the fiscal year starting July 1

The committee voted unanimously Thursday for a capital spending plan that is tens of millions of dollars higher than the $423 million plan proposed by Gov. Jack Markell in January.

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News
8:58 am
Tue June 18, 2013

Casinos and Farm Preservation On Tap for New Funds in Delaware

Credit Don Rush

Casinos

DOVER, Del. (AP) - Markell administration officials are proposing an $8 million temporary financial bailout for Delaware's three casinos.

Administration officials made the proposal Monday to the legislature's capital budget committee as part of their recommendations for spending some $50 million in newly available funds. The new funding includes $21 million in estimated additional tax revenue for the fiscal year starting July 1, and $22 million in premiums from a recent bond sale.

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News
9:12 am
Thu June 13, 2013

Time Running Out for Delaware to Add Casinos This Year

Credit Don Rush

It doesn’t look like Delaware will be getting anymore new casinos for now.

Lawmakers in Dover tabled a measure yesterday that would have added two more including one in Sussex County and another in New Castle County.

The bill’s sponsor Representative Dennis Williams said the he was one vote short of what he needs to get the legislation to the floor of the House of Representatives.

The Talleyville Democrat told WBOC that he was in discussions with two other law makers, but time is running out.

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News
8:53 am
Thu May 16, 2013

No Casino Expansion in Delaware for Now

Credit Don Rush

DOVER, Del. (AP) - A state House committee has tabled a proposal authorizing two more casinos in Delaware.

The committee tabled the bill Wednesday after one member suggested that it needs more specific language regarding requirements the new casinos would have to meet, including licensing fees and minimum capital investment.

The bill's sponsor, Democratic Rep. Dennis Williams of Wilmington, was among those voting to table the measure, but he said he's confident that he can get committee members to support it.

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News
11:17 am
Wed May 15, 2013

First Legislative Haring for Two More Delaware Casinos

Credit Don Rush

DOVER, Del. (AP) - A proposal for more casinos in Delaware is getting its first hearing in the legislature.

A House committee on Wednesday will consider a proposal by Democratic Rep. Dennis Williams of Wilmington for two new casinos, one in New Castle County and one in Sussex County.

The bill is similar to one sponsored by Williams that died two years ago amid opposition from Delaware's three existing racetrack casinos.

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News
11:15 am
Fri April 26, 2013

Delaware Casino Revenues Down

Credit 123rf.com

DOVER, Del. (AP) - Dover Downs is blaming additional competition in the region for sharply lower revenues in the first three months of the year.

The News Journal of Wilmington reports that Dover Downs Gaming and Entertainment reported a $283,000 first quarter loss on Thursday. The casino reported $50.5 million in revenues in the quarter, compared to $64.1 million a year earlier. Gambling revenues were down 22.5 percent.

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News
8:25 am
Thu April 4, 2013

Law to Allow Jobs for Ex-Offenders at MD Casinos

Baltimore Mayor Stephanie Rawlings-Blake
Credit Official Photo

Some former criminal offenders would be eligible to seek jobs at Maryland casinos under legislation approved by the Maryland General Assembly.

The Senate approved the House measure which now goes to the Governor for his signature.

State Senator Verna Jones-Rodwell (D-Baltimore) authored the bill and said this would give employment opportunities for those with minor infractions.

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News
9:26 am
Mon April 1, 2013

Maryland Poised to Compete for Gambling Dollars

Credit marylandlivecasino.com

ANNAPOLIS, Md. (AP) - The introduction of table games in Maryland is positioning the state to win back gamblers after they spent millions of dollars in West Virginia and Delaware.

Maryland Live! Casino plans to offer poker, blackjack, craps and roulette beginning April 11.

The casino also is installing a new billboard targeting drivers heading home from Hollywood Casino at Charles Town Races in West Virginia. The message is gamblers no longer need to leave Maryland.

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News
9:09 am
Thu November 29, 2012

Almost $100 Million Spent on MD Gambling Campaign

Credit gambling, peter griffin

ANNAPOLIS, Md. (AP) - Campaign finance reports show more than $93 million was raised in the campaign to expand gambling in Maryland, a record amount.


The Washington Post reported Wednesday that campaign finance records show a handful of Washington's biggest media buying firms and Maryland political consultants benefited handsomely from the fight over the ballot question to allow table games like blackjack and a casino in Prince orge's County.


The reports show about $90.5 million was spent. Nearly $3 million went unspent.

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news
2:17 pm
Wed October 24, 2012

Gambling Interests Bet Big on Maryland Ballot Measure

Big Money and Lots of Ad Hit Marylanders on Gambling Ballot Measure
gambling, fotosearch.com

OXON HILL, Md. (AP) - The onslaught of ads over gambling expansion has been like no other in a Maryland political year.


Gambling companies have spent more than $50 million so far for and against the question of allowing table games such as blackjack and a casino near the nation's capital. That's compared with the $34 million campaigns spent in the 2006 Maryland governor's race - previously the most expensive in state history.

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News
9:40 am
Thu August 9, 2012

Delaware Officials Keep Eye On MD Gambling Expansion

fotosearch.com

As Maryland legislators begin the special session on proposals to expand gambling Delaware officials are keeping a close eye on the outcome.

Governor Jack Markell says that it’s clear the industry is becoming more competitive.

Markell has expanded gambling ranging from sports betting and table games to online gaming and Keno games at sites outside of the casinos. 

The license fees for the state’s casinos have also been slashed.

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News
9:13 am
Tue July 10, 2012

Casino Interests Meet Today on Delaware's Gambling Expansion Law

DOVER, Del. (AP) — Representatives of Delaware's gambling industry are gathering to discuss a new law authorizing online betting and more venues for sports wagering and other gambling.

The state Video Lottery Advisory Council was scheduled to meet Tuesday afternoon at Dover Downs to discuss the new law, which allows online slots and table games. It also allows gamblers to bet on keno and NFL football at venues outside Delaware's three casinos.

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News
8:35 am
Thu July 5, 2012

Maryland Live Casino Scores Big in June

ANNAPOLIS, Md. (AP) — Maryland's largest casino hasn't been open a month yet, but it generated more than twice as much as the state's other two casinos combined in June.

The Maryland Lottery released revenue numbers for the three casinos on Tuesday.

Maryland Live, located next to Arundel Mills Mall, generated a total of $28.5 million in June, even though it only opened June 6.

The Hollywood Casino in Perryville pulled in about $8 million, and the Ocean Downs Casino grossed $4.4 million.

June's combined revenue from the three casinos was about $40.8 million.

News
8:34 am
Thu June 28, 2012

Delaware Senate Approves Online Betting

DOVER, Del. (AP) — State lawmakers have approved a bill authorizing online betting in Delaware and more venues for sports wagering and other gambling.

The bill, which cleared the House earlier this month, was approved by the Senate on a 14-to-6 vote Wednesday.

In addition to allowing online slots and table games, the bill expands keno beyond Delaware's three casinos to at least 100 other sites, and betting on NFL football to at least 20 non-casino sites.

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News
9:07 am
Mon February 20, 2012

Maryland Lawmakers Still Looking for Revenue from Casinos

 

   ANNAPOLIS, Md. (AP) - Maryland lawmakers are still waiting for the big payout from the Legislature's gamble more than four years ago on legalized slot machines.

     To truly hit the jackpot, some lawmakers believe the state must expand state-approved gambling further. They say table games and a Washington-area casino are needed to compete with neighboring states and generate the dollars needed for education and other needs. Much of the competition comes from venues in Delaware, West Virginia and Pennsylvania.

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