Delaware Casino Industry Eyes Financial Relief - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delaware Casino Industry Eyes Financial Relief

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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.

The top priority for the Video Lottery Advisory Council is returning to a tiered rate structure for slots revenue, with the state's share fluctuating based on the amount of revenue taken in.

Casino representatives on the council also voted Thursday to ask that the tax rate on table games be revised, either through a lower rate or subtracting half the revenue to help cover casino payrolls before distributing the money among the state, the casinos and the horse racing industry.

Those and other recommendations will go to a commission studying how to help Delaware's casinos remain financially viable.

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