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

Delaware Casino Industry Again Eyes Financial Relief

Posted: Updated:
(Photo: WBOC) (Photo: WBOC)

DOVER, Del. (AP) - An industry group representing Delaware's three casinos is reiterating its call for state officials to revise revenue-sharing models to help the casinos remain viable amid increasing competition from casinos in other states.

Members of the Video Lottery Advisory Council agreed Tuesday that their top priority is reinstating a tiered rate structure for slot machine revenue, with the state's share fluctuating based on the amount of revenue collected. When business is down, the casinos would pay a lower rate. When business is up, the rate would increase.

The panel also wants more sharing of slot machine vendor fees, and a lower tax rate for table game revenue.

Other proposals include subtracting labor costs for table games before splitting the revenue, and giving casinos tax credits for capital expenditures and marketing initiatives.

  • Most Popular VideosMost Popular VideosMore>>

  • Flooding Causes Road Closures on Delmarva

    Flooding Causes Road Closures on Delmarva

    Mother Nature delivered torrential rain and even some flooding across Delmarva. WBOC's Brooke Reese shows us how all the rain closed down roads, and how drivers reacted.

    More

    Mother Nature delivered torrential rain and even some flooding across Delmarva. WBOC's Brooke Reese shows us how all the rain closed down roads, and how drivers reacted.

    More
  • Police Investigating Deadly Crash in Wicomico County

    Police Investigating Deadly Crash in Wicomico County

    Maryland State Police are investigating a deadly car crash Friday afternoon. It happened at the intersection of White Lowe Road and Route 50 shortly before 3 p.m. According to MSP, Maria Theresia Ellis, 77 of Ocean City, was driving on White Lowe Road when her car failed to yield to oncoming traffic as she turned onto Route 50. Police said Ellis's car was hit in a T-bone like manner by Garrett Adrian Pusey, 20 of Mardela Springs.

    More

    Maryland State Police are investigating a deadly car crash Friday afternoon. It happened at the intersection of White Lowe Road and Route 50 shortly before 3 p.m. According to MSP, Maria Theresia Ellis, 77 of Ocean City, was driving on White Lowe Road when her car failed to yield to oncoming traffic as she turned onto Route 50. Police said Ellis's car was hit in a T-bone like manner by Garrett Adrian Pusey, 20 of Mardela Springs.

    More
  • Travels With Charlie: Explosion of a Million Shades of Green

    Travels With Charlie: Explosion of a Million Shades of Green

    WBOC's Charles Paparella shows his appreciation for spring. He says it's a remarkable moment when the world turns green.

    More

    WBOC's Charles Paparella shows his appreciation for spring. He says it's a remarkable moment when the world turns green.

    More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices