Delaware Park Casino

Because of regional competition, Delaware Park Casino’s piece of the gambling pie is shrinking and this could mean that jobs are going to be cut off. Darker days lie ahead in the gambling industry as other states are beginning to intensify the competition. A little degree of laying off can be unavoidable in the near future whatever legislation moves the government will take. In this section, you will learn about what’s happening in Delaware Park Casino.

Casino operators demand a reduction in slot machine taxes from 43.5% up to 37%. So far, these reduction requests have been rejected. Several researchers and investment analysts who have studied the casino business agreed to a lower rate in taxes. According to a review of casino interviews and finances with several researchers in the gaming industry, the Delaware Park Casino’s future is bleak. This is like applying a “Band-Aid to a bullet shot wound”. This would help the state’s casinos free up cash to invest in many upgraded facilities while retaining as many customers as they can.

Delaware Park Casino

The largest source of income for the casinos, which is the total slot revenue, is down by as much as $47 million between January and May compared to the first five months of 2012. This is based on statistics from the Delaware Lottery, which manages the industry. The 8 million dollar payment proposed divided between the three is going to barely make a dent, according to experts.
Delaware Park Casino

While the slots of the states are higher than in a lot of states, the biggest problem for Delaware is the fierce gambling competition in the Mid-Atlantic States, according to experts. Pennsylvania first got into the gaming business about 7 years ago. A small casino in Perryville, MD is absorbing customers from the Casino at Delaware Park. After requests for comment last Tuesday and Wednesday, a spokeswoman from Dover Downs stated that the executives were not available for interview.