Delaware Senate OKs $10M Bailout for Casinos - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delaware Senate OKs $10M Bailout for Casinos

Posted: Updated:
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.

The change would take effect in July 2015, at an estimated cost to the state of about $10 million annually.

To help the casinos until then, lawmakers cobbled together a similar amount of taxpayer money from unspent funds that are supposed to be used for economic development projects.

 

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Celebrity Chef Gordon Ramsay Coming to Delaware

    Celebrity Chef Gordon Ramsay Coming to Delaware

    Monday, May 29 2017 12:30 PM EDT2017-05-29 16:30:34 GMT
    Monday, May 29 2017 12:30 PM EDT2017-05-29 16:30:34 GMT
    Gordon Ramsay; Photo Credit: MGNGordon Ramsay; Photo Credit: MGN

    DOVER, Del. (AP) - Celebrity chef Gordon Ramsay is coming to Delaware for a race at the Dover International Speedway.      

    More

    DOVER, Del. (AP) - Celebrity chef Gordon Ramsay is coming to Delaware for a race at the Dover International Speedway.      

    More
  • Maryland Couple Arrested after Fight with Officer

    Maryland Couple Arrested after Fight with Officer

    Monday, May 29 2017 12:22 PM EDT2017-05-29 16:22:36 GMT
    Monday, May 29 2017 12:22 PM EDT2017-05-29 16:22:36 GMT
    (Photo Credit: DSPD)(Photo Credit: DSPD)

    DEWEY BEACH, Del. – Delaware State Police have arrested a Maryland couple for fighting with a security officer on patrol at Indian Beach.

    More

    DEWEY BEACH, Del. – Delaware State Police have arrested a Maryland couple for fighting with a security officer on patrol at Indian Beach.

    More
  • Delaware Man Arrested in Domestic Assault

    Delaware Man Arrested in Domestic Assault

    Monday, May 29 2017 12:06 PM EDT2017-05-29 16:06:37 GMT
    Monday, May 29 2017 12:06 PM EDT2017-05-29 16:06:37 GMT
    Kyle Halloran, 20; Photo Credit: Rehotboth Beach Police DepartmentKyle Halloran, 20; Photo Credit: Rehotboth Beach Police Department

    REHOBOTH BEACH, Del. -- Rehoboth Beach police are reporting a weekend arrest of a Delaware man accused of punching his girlfriend in the face.

    More

    REHOBOTH BEACH, Del. -- Rehoboth Beach police are reporting a weekend arrest of a Delaware man accused of punching his girlfriend in the face.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices