Dover Downs Doubling

Delaware’s racinos are looking to start expanding, now that Maryland and Pennsylvania have decided to start creating their own slot machine parlors. Dover Downs is planning on doubling the hotel it currently has and will add size as well as content. They are going to be adding many more slot machines as well – and are looking at spending somewhere around $52 million to do it. Harrington Raceway’s Midway Slots is also going to be larger, with a price tag of roughly $32 million to also gain size and slot machines. Both places are hoping to hold on to the gamblers they already have as well as bring in some new ones. 

They will be adding jobs to the area as well, roughly 150 new ones. The three racinos have been planning their expansions ever since they heard about the new competition they were going to be having. Now Maryland is looking to possibly get in on the act as well. If they chose to legalize slot machines, Delaware is in some serious trouble. They will have a tough time keeping the slot machine players from staying in their own states as opposed to coming across the line and spending their money there. Delaware is so determined to keep the business that they actually went in and changed one of their gambling laws to allows 4,000 slot machines to each racino as well as the ability to stay open 24/7 every day but Sunday.  

Delaware’s government wants to do everything it can to keep the business where it is. They know that their current revenue is somewhere around $207 million. Their fear is of the possibility of how much they can lose, and early estimates put their new revenues around $190 million instead. That is a huge drop for the state, so they are going to keep trying to keep their slot machines running.

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