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DE HB40
Bill
Status
5/14/2009
Primary Sponsor
Edward Bennett
Click for details
AI Summary
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Establishes a five-member Lottery Redevelopment Committee to select locations for and award licenses to two new Video Lottery Casinos, one in New Castle County and one in Sussex County
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Video lottery machines, sports lottery machines, and table game equipment may only be located within these two designated Video Lottery Casinos and cannot be placed in hotels, motels, or other overnight sleeping facilities
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Requires applicants to submit detailed applications including ownership information, financial history, business plans, and identification of "Core Project Elements" (to be completed before gaming begins) and "Secondary Project Elements" (to be completed afterward)
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Increases minimum harness racing days from 80 to 120 days for certain licensees and from 60 to 100 days for others, with new licensees required to conduct at least 35 racing days for their first 3 years
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Directs the Secretary of Finance to propose legislation within 120 days establishing one-time license fees, ongoing license fees, purse contributions, and financial penalties for the new Video Lottery Casinos to create competitive parity with existing video lottery agents
Legislative Description
An Act To Amend Title 21 Of The Delaware Code Relating To Rules Of The Road.
Last Action
Reported Out of Committee (PUBLIC SAFETY) in Senate with 5 On Its Merits
6/18/2009