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Slots Scheduled For Racetracks
By John
Pennsylvania and Delaware are adjoining states. Delaware offers slot machine play at its horseracing tracks and has been attracting gamblers and money to its slot facilities. Now neighboring Pennsylvania is enacting legislation to allow slot machines at its racetracks. Pennsylvania racetracks have told the Pennsylvania Gaming Board that they would like to allow table at the racetracks. Gambling is catching on at places other than Atlantic City on the East Coast.
Pennsylvania has plans for more than 61,000 slot machines to place in its racetracks. They expect to raise over $3 billion in revenues from the slots alone. Pennsylvania’s six racetracks expect to spend over $1 billion in the construction of facilities for the slots. Table draw bigger spenders to casinos than slot machines do, so of course the Pennsylvania racetracks would like to offer table games.
Delaware already has racetrack slots, some with hotel and casino complexes. Dover Downs is one such racetrack that has a hotel with a casino. The 97,000 square foot casino offers 2,700 slot machine games. There are no table since they are not allowed under applicable law.
As more facilities gain approval for slot machines on the East Coast, the question is will they be competing for customers? Will the Pennsylvania racetrack slot parlors draw gamblers from neighboring Pennsylvania? Pennsylvanians who travel to Delaware to gamble at the racetracks won’t have to in the future because they will have their own slot parlors. So far, the addition of gambling facilities has resulted in increases in gambling revenues. Will this trend continue?
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