With casinos slated to open in neighboring Philadelphia, Delaware legislators are left pondering how to deal with their own gambling and casinos issues.
Facilities for gambling and casinos contributed $199.6 million into Delaware’s state coffers in 2005, and are expected to put in at least $205 million in 2006. However, lawmakers wonder how the expansion of legalized gambling and casinos in its closest neighbor to the north will affect Delaware’s own revenues.
The Delaware Economic and Financial Advisory Council had predicted that up to $5 million in gambling and casinos revenue will be lost to Pennsylvania next year, with that number jumping to $32 million in 2008.
“DEFAC’s analysis is based on where the patrons live who cash tickets that were taxable,†said lobbyist Robert L. Byrd, the panel’s chairman.
Governor Ruth Ann Miller plans to sign legislation that would allow the state’s racetracks stay open longer, and feature more types of gaming. She believes that these measures will stem the tide of revenue loss in the coming years.
However, Delaware- based lobbyists for the gambling and casinos industry say that this will not be sufficient; they advocate building new casinos in Wilmington, or legalizing new forms of gambling.
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