Delaware casino relief New Delaware casino relief bill introduced

Delaware casino relief. Delaware Lawmakers Eye Casino Relief - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

SB will reduce the share of gross table game revenues paid by casinos online slots ny This time around, Sen. All of the backers, however, hail from districts that are located at least partially in Kent or Sussex counties.

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The piece of legislation was a revised version of a bill introduced early in January. John Carney in order to take effect. Reach staff writer Matt Bittle at mbittle newszap.

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Some opponents of casino aid have charged legislation to provide relief is nothing more than a bailout, a claim supporters fervently disagree with. The legislation is in the Senate Finance Committee. The piece of legislation is now to be reviewed and voted in the Delaware House.

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Last month, lawmakers passed an executive branch-endorsed bill that effectively lowers the corporate income tax. Senators voted to pass Senate Substitute 1 for Senate Bill The bill has 13 sponsors, of whom eight are Republicans. State legislators have tried to pass similar efforts in previous years but without much success.

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The Delaware Competes Act drew just two votes in opposition and was quickly signed into law by Gov. Brian Bushweller, one of the supporters of the casino relief bill, told media that it has been several years now that he has considered it his highest legislative priority to secure much-needed restructuring of the financial relationship between the state and its casino industry.

He has repeatedly primary difference between gaming and gambling as a reason to act the number of Delawareans who could be unemployed if Dover Downs goes under. Bushweller is more confident.

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Following the Thursday Senate vote, industry leaders told media that while they have hoped for a bigger reduction, they were content that something was finally being done for the three gambling venues.

Finding money to spend for road work and creating a budget proved to be a challenge for lawmakers, and the bill failed to gain momentum.

Gov. Carney Ready for Discussions

Lawmakers openly speculated the bill was aimed chemical giant DuPont. The issue does not figure to draw objections along party lines, but a vote could see a geographical split.

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That is not an accident. According to a Securities and Exchange Commission filing, Dover Downs had 1, employees, of which were full-time, as of the end of Despite his firm support of the casinos, chiefly Dover Downs, other legislators have different feelings. Bushweller filed legislation that would have eliminated the license fee, slashed the table game tax rate of Dover Downs, Harrington Raceway and Delaware Park have seen steadily declining slot revenues delaware casino relief nearly a decade — the result, primarily, of competition from other states.

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Casino officials and legislators have previously pointed out that the industry desperately needs a major boost as it has been trying to fight competition from neighboring states and to cope with growing costs for doing business in the state. This one, they believe, will be a winner.

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One provision that may draw some attention is the expansion of the sports lottery. The casino relief package also includes a provision that will eliminate the license fee paid by casinos on their table games due in June Colin Bonini, R-Dover, used the floor vote in the Senate to urge lawmakers not to forget the casino industry.

Known as the Delaware Competes Act, the proposal has the goal of incentivizing companies to settle or stay in Delaware.

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The legislature reconvenes March 8.