“You have these licensees who have made capital commitments, have operating expenses – long term capital commitments – and we pulled the rug out from underneath them and I’m not sure that, in hindsight, that was the best thing to do.”
The above quote has come from Bill Oberle, a former longtime Delaware State Representative. Oberle’s comments are in regard to the state of Delaware having increased its take of gambling revenue in 2009.
According to a report by WDDE 91.1 FM, the topic was touched upon Tuesday, December 3 in Delaware as members of the state’s standardbred and thoroughbred industries spoke with Delaware’s Lottery and Gaming Study Commission.
The meeting allowed Delaware horsepeople to tell the state that it needs to decrease its take of gambling revenue if horse racing is to remain viable in Delaware. The study commission has been tasked with ‘righting’ the state’s gaming industry.
The committee’s chair, Finance Secretary Tom Cook, has urged members of the commission to submit proposed recommendations.
A report by the Delaware State News has also covered the topic.
(With files from WDDE 91.1 FM)