The News Journal reports Dover Downs Gaming and Entertainment reported a $283,000 first quarter loss on Thursday. The casino reported $50.5 million in revenues in the quarter, compared to $64.1 million a year earlier. Gambling revenues were down 22.5 percent.
The casino says the losses reflect more competition in the market, including the opening of the Maryland Live casino in June - the Dover casino's biggest competition in the region.
Delaware Lottery Director Vernon Kirk says slots revenue was down almost 19% at all three Delaware casinos during the first quarter, year over year. He cites competition and the economy.
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