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DE HB146
Bill
Status
5/26/2011
Primary Sponsor
D.E. Williams
Click for details
AI Summary
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Authorizes establishment of two new video lottery casinos, one in New Castle County and one in Sussex County, through a competitive application process.
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Creates a nine-member Lottery Economic Development Committee with minimum qualifications in finance, accounting, or banking to select casino locations and award licenses based on state revenue projections, employment impact, and economic benefits.
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Establishes a two-stage licensing process providing temporary licenses allowing operation of 50% of authorized machines for up to 36 months, followed by permanent license approval upon substantial compliance with application terms and facility completion.
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Increases minimum harness racing days from 80 to 120 days for existing licensees and sets 100-day minimum for certain licensees, while new video lottery casinos without existing racing operations must conduct 35 days of harness racing for first three years.
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Directs Secretary of Finance to submit proposal within 120 days for imposing one-time and ongoing license fees on new video lottery casinos to create competitive parity with existing video lottery agents operating racing facilities.
Legislative Description
An Act To Amend Titles 3 And 29 Of The Delaware Code Relating To The Licensing Of Video Lottery Casinos And Harness Racing Days.
Last Action
Introduced and Assigned to Gaming & Parimutuels Committee in House
5/26/2011