Delaware considers legalized betting on sports

    The General Assembly in Delaware is back in session. Lawmakers now have about three and a half months to dig out of a $750 million hole. One controversial idea that could help generate some much needed revenue for the state is sports betting. If legalized, at least one of Delaware’s casinos will be ready.

    The General Assembly in Delaware is back in session. Lawmakers now have about three and a half months to dig out of a $750 million hole. One controversial idea that could help generate some much needed revenue for the state is sports betting. If legalized, at least one of Delaware’s casinos will be ready.

    If the concept is legalized, Ed Sutor, the president of Dover Downs says they could easily have a sports book in place before the start of the next NFL season.

    Sutor: Assuming that it’s the right sort of deal and it’s not overly taxing on us then we’ll be ready. We have a facility right now that we believe could be opened up very quickly.

    In the short term, that facility would be one of the restaurants that recently closed down due to the bad economy. Long term, designs already exist for a  50,000 square foot Vegas style sports book. Estimates on how much revenue sports betting would bring to the state vary greatly, from $10 million to $100 million.

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