http:\/\/www.washingtonpost.com\/national\/delaware-officials-eye-launch-of-online-gambling-with-select-group-of-initial-players\/2013\/10\/29\/afb3b404-40c3-11e3-b028-de922d7a3f47_story.html<\/a><\/p>\n\tHinting at well-publicized problems with the federal government\u2019s new health care website, Kirk said officials want to make sure things go smoothly, including transfers between casino and player bank accounts, before a full launch of online gambling in Delaware early next month.<\/p>\n
\t\u201cWe\u2019re going to do a very soft launch,\u201d Kirk said earlier during a brief meeting of the state Video Lottery Advisory Council.<\/p>\n
\tThe council, an industry group representing Delaware\u2019s three casinos, says the casinos are suffering financially because of competition from neighboring states, and that Delaware lawmakers need to change the current models for sharing revenue with the state.<\/p>\n
\t\u201cThe things we are asking for are critical, critical to our business,\u201d council chairman and Dover Downs CEO Ed Sutor said after running through a list of recommendations the council plans to make in a report due next week.<\/p>\n
\t\u201cI don\u2019t think there\u2019s been a more critical time for the kinds of things we\u2019ll be recommending,\u201d Sutor said.<\/p>\n
\tChief among the recommendations is changing the revenue sharing structure for slot machines. Currently, vendor costs are taken from the casinos\u2019 share after the state takes its 43.5 percent cut of slots revenue. The council recommends that vendor costs be taken off the top, before the state gets its share, and that a tiered structure for revenue sharing be reinstated. Under a tiered structure, if gambling revenue declines, the state\u2019s percentage share also would decline.<\/p>\n
\t\u201cIt gets you into a lower tax bracket until we can turn this thing around,\u201d Sutor explained.<\/p>\n
\tThe council also is recommending that the state eliminate its license fee for table games, lower the tax rate, and take vendor costs off the top before the state gets its share.<\/p>\n
\tThe council also is calling for changes to law on Internet gambling, which gives the state the first $3.75 million of revenue. The council wants to eliminate the state\u2019s initial cut and lower the percentage of revenue going to the general fund.<\/p>\n
\tCopyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n
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DOVER, Del. \u2014 Delaware lottery officials are beginning real-stakes Internet gambling in the state with a select group of preferred players whom they wouldn\u2019t name or describe. State lottery director Vernon Kirk said Tuesday that officials will conduct a \u201csoft…<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-6436","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/6436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=6436"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/6436\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=6436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=6436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=6436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}