Tag Archives: Dover Downs
US – Gaming and Leisure Properties buys Dover Downs and Tropicana Evansville
Gaming and Leisure Properties has entered into definitive agreements to acquire the real property assets of Dover Downs Hotel & Casino from Twin River Worldwide Holdings, and to re-acquire the real property assets of Tropicana Evansville from Caesars Entertainment, after the substitution right related to the property was triggered. Pursuant to the Tropicana Evansville agreement,…
US – Dover Downs drives increase at Twin River
The inclusion of results from Dover Downs Hotel & Casino helped push Twin River Worldwide Holdings’ Gross Gaming Revenue for the fourth quarter up by 12.9 per cent to $207.2m. Dover Downs continued to exceed expectations contributing $27.6m of revenue to the company’s results. New competition in the New England market, and the associated increases…
US – Twin River completes Dover Downs acquisition on NYSE listing
Twin River Worldwide Holdings has now completed its acquisition of Dover Downs Gaming & Entertainment and listing on the New York Stock Exchange. Located in Dover in Delaware, Dover Downs comprises a hotel, casino, and racetrack complex. It has a .625-mile harness horse racing track, which is surrounded by Dover International Speedway, a 1-mile concrete…
US – Dover Downs merging with Twin River
Dover Downs Gaming & Entertainment is merging with Twin River Worldwide Holdings, giving a physical presence for Twin River in the Mid-Atlantic region, a new geographic market. Twin River already operates gaming venues in the South (Biloxi, Mississippi), West (Aurora, Colorado) and Northeast (Lincoln and Tiverton, Rhode Island (opening shortly) regions. Dover Downs’ President and…
US – Delaware Governor John Carney places first sports bet at Dover Downs
Delaware Governor John Carney placed the first official wager at Dover Downs Hotel & Casino’s Race & Sports Book, a $10 bet on the Philadelphia Phillies to defeat the Chicago Cubs in their Major League Baseball game on Tuesday night. The expansion comes after the US Supreme Court’s decision on 14 May to overturn the…
US – Delaware’s casinos to launch sports betting next week
Delaware’s three casinos; Dover Downs, Delaware Park and Harrington Raceway will launch full-scale sports books next week, following the Supreme Court ruling that allowed states to rule on the legality of sports betting for themselves. The speed to market has been helped massively by the fact that pre-existing sports betting laws have been in place…
US – Delaware posts best ever online year
The state of Delaware posted its best ever online results with its three internet casinos generating US$3m in revenue, up a huge 62 per cent on 2015’s figures. December’s figures were the best since August coming in at $229,987 and representing a 29 per cent increase year on year. Online gaming in Delaware is limited…
US – Delaware’s casinos employed 3,537
Delaware’s three commercial casinos employed 3,537 permanent workers and paid its employees nearly $146.74m in wages, benefits and tips, according to new jobs numbers for 2013 released by the American Gaming Association (AGA). In 2013, Delaware casinos generated nearly $182m in tax revenue, which supported the state’s general fund. “Casino gaming has created thousands of…
US – Dover downed hit by Mid-Atlantic competition
First quarter gaming revenues were down 12.2 per cent for Dover Downs Gaming & Entertainment, compared to the first quarter of 2013, primarily as a result of increased competition in the Mid-Atlantic region. The company’s revenues for the first quarter of 2014 were $45,477,000 compared with $50,518,000 for the first quarter of 2013. Other operating…
