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The sale, he said, will only involve the Dover-based casino operation and not impact Dover Downs sister company Dover Motorsports, which owns Dover International Speedway and hosts the annual Firefly Music Festival. View of the betting odds for Pro Football Championship. The deal also comes as Dover Downs continues its roll out of full sports wagering. ET July 23, Updated p. Officials at Dover Downs touted the merger as a life-saver for the casino, which has recorded annual losses in two out of the last four years. This is a test to see whether we can improve the experience for you. Just who owns the majority of the stock will change and that will be someone who is just like Dover Downs, except five times larger. McGlynn said he does not expect the merger to impact employment at Dover Downs. Check out this story on delawareonline. Show Captions.{/INSERTKEYS}{/PARAGRAPH} Delaware last month became the first state east of the Mississippi River to offer single-game betting on sports thanks to the U. {PARAGRAPH}{INSERTKEYS}Let friends in your social network know what you are reading about. Governor John Carney welcomes single-game sports betting to Delaware by placing the first bet outside of Nevada Tuesday. A link has been sent to your friend's email address. Cancel Send. Another people work in the hotel and casino but are employed by outside vendors. Dover Downs announced it will cut 24 jobs and stop offering table games during early weekday mornings, following another disappointing quarterly earnings report. Delaware State Fair vendors ordered to remove Confederate flags. The second punch is merging Dover Downs with a larger organization that I think can bring a lot of stability, creativity and a bright future to Dover Downs. It was not immediately clear what hurdles the deal would need to clear to pass regulatory muster in Delaware. State: Sussex residents should still avoid drinking their own water after E. With gambling revenues fading, Dover Downs and other casinos are looking for financial help from the state. Brian Bushweller, D-Dover, the chief sponsor of the casino tax break and the industries lead champion in Legislative Hall hailed the impending sale as good for Dover and Kent County. McGlynn said the operations at Dover Downs would likely go unchanged as a result of the deal. You may also want to view these photo galleries: Replay. It's OK to disagree with someone's ideas, but personal attacks, insults, threats, hate speech, advocating violence and other violations can result in a ban. Contact reporter Scott Goss at , sgoss delawareonline. ET July 24, Jason Minto, The News Journal. The property includes Delaware's largest hotel, a room facility with a 41,square-foot concert hall and convention space. You will need to register before adding a comment. Gamblers play at Dover Downs Casino on Nov. The estimated value of the deal is not immediately known. Delaware News Journal. Gamblers play the slots at Dover Downs Hotel and Casino. Though the report also notes that sports betting is not a big profit generator go casinos, a point that McGlynn also has repeated frequently in recent months.. Gamblers play games at Dover Downs on March 23, Ashley Rogers mixes a drink for gamblers at black jack tables at Dover Downs Casino earlier this month. Two years later, Rhode Islanders gave Twin River an injection of growth when they voted to allow table games within state casinos. Please be polite. Post to Facebook. Dover Downs Hotel and Casino in Dover. With Delaware soybeans farmers in the crosshairs of a trade war, their support for Trump is tested, persists. Supreme Court overturning a federal law blocking such wagers. You do not need a Facebook profile to participate. Show Thumbnails. Share This Story! Getty Images. Asked why it is prudent to purchase a company that has reported annual losses in recent years, Doyle said it is what they "see as the benefits of the company. State Sen. Interested in this topic? Now Trending:. In April , the state of Rhode Island authorized new marketing subsidies for the casino. Comments Welcome to our new and improved comments , which are for subscribers only. Brian Carroll of Silver Spring, Md. In , it purchased the Newport Grand. Welcome to our new and improved comments , which are for subscribers only. If you see comments in violation of our community guidelines , please report them. A link has been posted to your Facebook feed. Typed comments will be lost if you are not logged in.