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Findings From Delaware Gambling Committee

Tuesday March 12 ,2014 :  DELAWARE GAMBLING COMMITTEE SUBMITS FINDINGS (Update)
 
Changes to enable land casinos to be more competitive could cost Delaware $20 million a year.
 
The commission appointed by the Delaware legislature to investigate ways to make the state's land casino industry more competitive in the face of mounting activity in neighbouring Pennsylvania and Maryland met Tuesday and agreed on recommendations to be given to state lawmakers.
 
The recommendations could cost state coffers up to $20 million a year in tax losses.
 
Panel members voted 7-to-2 to approve the recommendations, which included:
 
*That the state should split 75 percent of the costs for slot machine vendors and fees with Delaware's three casinos, rather than insist that the casinos continue to pay the full amount. If that took effect on July 1 this year, it will cost the state $9.9 million in the next fiscal year;
 
* The elimination of the annual $3 million table games fee paid by the casinos effective July 1, 2015;
 
* A reduction in the state's share of table game revenue from 29.4 percent to 15 percent, at an estimated annual cost of $7.2 million;
 
* There should be an update of a 2004 study of Delaware's equine industry to determine the current economic impact on the horse racing industry. The study is expected to cost less than $100,000.
 
* $3 million in unspent funds from an $8 million financial bailout extended to the casinos last year to be used to pay for economic development initiatives, preferably related to the gambling industry.
 
The recommendations, which are supported by Democratic Gov. Jack Markell, will be submitted to the General Assembly for lawmakers to consider.
 
House Majority Leader Valerie Longhurst, said: "It doesn't necessarily mean this will be the final outcome.... I think it's a good starting point."
 
Representatives Charles Potter and Alan Levin cast the two opposing votes, voicing concerns about the cost.
 
Levin has earlier proposed changes that would have cost the state $14.9 million a year, combining the table game cuts with $2.5 million in incentives for casinos for marketing and renovations, and a reduction in the online gaming tax to a flat 25 percent for all games.
 
The subject of online gambling was not specifically discussed.



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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