{"id":68747,"date":"2018-01-31T16:00:28","date_gmt":"2018-02-01T00:00:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=68747"},"modified":"2018-01-31T17:00:01","modified_gmt":"2018-02-01T01:00:01","slug":"delaware-legislature-mulls-tax-relief-plan-save-three-casinos","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/","title":{"rendered":"Delaware Legislature Mulls Tax Relief Plan to Save Its Three Casinos"},"content":{"rendered":"

Delaware<\/a> casinos are struggling and state lawmakers are debating a bill that would slash taxes in an effort to safeguard their futures.<\/p>\n

\"Brian
State Senator Brian Bushweller believes Delaware’s gradually increasing demands for tax revenues from its casino industry has damaged it to the point where the three Delaware casinos are no longer able to function like normal businesses. (Image: Bob Herbert\/The News Journal)<\/figcaption><\/figure>\n

Senator Brian Bushweller (D-Dover) is the primary sponsor of SB 114, which proposes a tiered tax on slots revenues, instead of the blanket 43.5 percent casinos currently pay to the taxman.<\/p>\n

It would also halve the 30 percent tax on table games to 15 percent and suspend the annual license fee.<\/p>\n

Delaware Casinos Tax Grab<\/strong><\/h2>\n

\u201cSince the slots were instituted in the 1990s in Delaware, the state has persistently and routinely increased its take from the overall slot machine revenue to a point where they\u2019re no longer able to function like a normal business,\u201d Bushweller told Delaware State News.<\/p>\n

There does have to be substantial progress made in reducing the damage the state has done to the casino industry,” he added.<\/p><\/blockquote>\n

Under the proposed tiered system, daily revenue of $75,000 and below would be taxed at 32 percent, with revenues between $75,000 and $150,001 taxed at 35 percent. Revenue between $150,000 and $225,001 would be taxed at 37.5 percent, while anything above $225,000 would be taxed at 43.5 percent.<\/p>\n

It\u2019s the third attempt to provide tax relief to Delaware casinos<\/a> in as many years. But with state coffers in now a healthier position, thanks to the $170 million that\u2019s expected to carry over from the current fiscal year into the next, the proposal has a greater chance of becoming a reality.<\/p>\n

$20 Million Hit <\/strong><\/h2>\n

Nevertheless, Bushweller expects lawmakers to baulk at the $20 million he estimates the new tax regime will cost the state per year. But unless they swallow that $20 million now, there will be no casino industry left to tap in the future.<\/p>\n

\u201cThe casino industry pays all the same taxes as any other business in Delaware,\u201d said Bushweller.<\/p>\n

\u201cYou pick a tax and they\u2019re paying it \u2026 but in addition to it, through the first three-quarters of 2017, Dover Downs paid $56 million between the horse racing industry and the state,\u201d he said of Delaware\u2019s biggest casino. \u00a0<\/strong><\/p>\n

Denis McGlynn, president and CEO of Dover Downs Gaming & Entertainment, said due to the hefty sum his company paid last year, it wound up losing $1 million.<\/p>\n

“We make money, everybody else gets it but us, and we end up with a million-dollar loss,\u201d he said. \u201cThis is just not sustainable.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Delaware casinos are struggling and state lawmakers are debating a bill that would slash taxes in an effort to safeguard their futures. Senator Brian Bushweller (D-Dover) is the primary sponsor of SB 114, which proposes a tiered tax on slots revenues, instead of the blanket 43.5 percent casinos currently pay to the taxman. It would […]<\/p>\n","protected":false},"author":42,"featured_media":68773,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,13,18,61],"tags":[],"acf":[],"yoast_head":"\nDelaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos<\/title>\n<meta name=\"description\" content=\"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos\" \/>\n<meta property=\"og:description\" content=\"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-01T00:00:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-01T01:00:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"412\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/\",\"url\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/\",\"name\":\"Delaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png\",\"datePublished\":\"2018-02-01T00:00:28+00:00\",\"dateModified\":\"2018-02-01T01:00:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png\",\"width\":728,\"height\":412,\"caption\":\"State Senator Brian Bushweller believes Delaware's gradually increasing demands for tax revenues from its casino industry has damaged it to the point where the three Delaware casinos are no longer able to function like normal businesses. (Image: Bob Herbert\/The News Journal)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Legislation\",\"item\":\"https:\/\/www.casino.org\/news\/legislation\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Delaware Legislature Mulls Tax Relief Plan to Save Its Three Casinos\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\",\"name\":\"Casino.org Staff Writer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"caption\":\"Casino.org Staff Writer\"},\"url\":\"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Delaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos","description":"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Delaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos","og_description":"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.","og_url":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-02-01T00:00:28+00:00","article_modified_time":"2018-02-01T01:00:01+00:00","og_image":[{"width":728,"height":412,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png","type":"image\/png"}],"author":"Casino.org Staff Writer","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Casino.org Staff Writer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/","url":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/","name":"Delaware Legislature Mulls Tax Relief Plan to Save Delaware Casinos","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png","datePublished":"2018-02-01T00:00:28+00:00","dateModified":"2018-02-01T01:00:01+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77"},"description":"State Senator Brian Bushweller wants to save Delaware casinos through a tax relief program that will cost the state $20 million a year.He believes without his bill the state's three casinos' days are numbered.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/01\/14799519_G.png","width":728,"height":412,"caption":"State Senator Brian Bushweller believes Delaware's gradually increasing demands for tax revenues from its casino industry has damaged it to the point where the three Delaware casinos are no longer able to function like normal businesses. (Image: Bob Herbert\/The News Journal)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/delaware-legislature-mulls-tax-relief-plan-save-three-casinos\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Legislation","item":"https:\/\/www.casino.org\/news\/legislation\/"},{"@type":"ListItem","position":3,"name":"Delaware Legislature Mulls Tax Relief Plan to Save Its Three Casinos"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77","name":"Casino.org Staff Writer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","caption":"Casino.org Staff Writer"},"url":"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/68747"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=68747"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/68747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/68773"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=68747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=68747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=68747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}