At one time, racetrack casinos contributed to as much as $239 million a year to the tax coffers of Delaware. But now the state’s casino revenues have fallen tremendously as a result of the growth of gambling destinations throughout the Northeast. This has prompted the industry to ask for tax breaks.

Delaware’s democratic Governor, Jack Markell stated, “It’s a different world for the Delaware casinos,” . Markell supports reducing the tax burden on casinos by as much as $20 million a year to allow them to compete with the expanded competition.

In the past ten years, more casinos have opened in the Northeast than in any other part of the country. The expansion has caused a shakeup in the Northeast region. New projects presently [Read more…] about Casino ‘Wars’ Break Out In Northeast – Tax Breaks Sought