The report estimates total gaming revenues at $565.8 million for 2009, drop off to $481.5 million when new competition is fully implemented in 2013, then increase to $754 million once the two new casinos are on line in the same year. Established casinos are expected to experience a drop in revenues of $422 million as of 2013.
Several commission members have expressed skepticism regarding the study’s findings on the number of casinos recommended – the report addressed the impact of just two additional casinos, while there are at least five pending proposals – the recommended location of the casinos, and revenue estimates.
The commission will meet Tuesday at 10 a.m. to discuss the report.
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(With files from delawareonline.com)