Delaware casino heads oppose bill

As reported by The News Journal: “Removing the threat of new casinos and betting parlors isn’t enough to win their support of the governor’s gambling proposal, representatives of the state’s three existing racinos say.

“They want the state to leave their share of gambling revenue alone while authorizing sports betting — contrary to House Bill 100, which proposes raising state revenue not only with a sports lottery but also by increasing the state’s share of the racinos’ video-lottery proceeds.

“Denis McGlynn, chairman of Dover Downs, on Tuesday told the House Gaming and Parimutuels Committee the proposed increase in the state’s share of gambling revenues — from 37 percent to 45 percent — would drive all three casinos out of business within a year.

“His colleagues elaborated, saying the changes would bring an end to horse racing, be detrimental to agriculture and hurt the state economy…”