Delaware General Assembly

House Gaming & Parimutuels 5/26/11

The General Assembly has ended, the current status is the final status.

5/26/11

D.E. Williams

Sen. Henry

AN ACT TO AMEND TITLES 3 AND 29 OF THE DELAWARE CODE RELATING TO THE LICENSING OF VIDEO LOTTERY CASINOS AND HARNESS RACING DAYS.

This Act seeks to create jobs and new sources of revenue for the State by authorizing the addition of two new video lottery agents, one in Sussex County and one in New Castle County, through an application process conducted by a Lottery Economic Development Committee. This Act creates a nine-member, politically balanced Committee with financial, accounting, or banking experience to select the sites and licensees in a fair and open process. This Act also increases the number of required racing days to reflect the current amount of racing, and prevents the addition of video lottery agents from triggering a reduction in the minimum number of days that existing harness tracks must offer harness racing. The Act also expresses the intent of the General Assembly that the new video lottery casinos will be subject to a one-time license fee and ongoing license fees, as well as such fees as are necessary to create a level playing field for competition with video lottery agents who operate horse racing or harness racing, and directs the Department of Finance to prepare legislation implementing that intent.

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Takes effect upon being signed into law

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