{"id":3693,"date":"2018-07-02T14:30:52","date_gmt":"2018-07-02T14:30:52","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=3693"},"modified":"2018-07-23T14:57:00","modified_gmt":"2018-07-23T14:57:00","slug":"delaware-casinos-set-to-receive-huge-tax-break-in-new-bill","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/delaware-casinos-set-to-receive-huge-tax-break-in-new-bill\/","title":{"rendered":"Delaware Casinos Set To Receive Huge Tax Break In New Bill"},"content":{"rendered":"

\"delaware\"Delaware's three casinos are set to get a nice gift from the state government as local lawmakers are pushing for a bill that will give these casinos a large tax break estimated to be around $16.8 million<\/strong>.<\/p>\n

Delaware's State House of Representatives just passed a bill<\/a> that would finally give Delaware casinos the tax relief that they have been clamoring for. The casinos have been asking for this tax relief for a decade now and they are finally on the verge of getting it. <\/p>\n

The tax break will give the three casinos a reduction of one percent on slot machine taxes<\/strong> and will see the tax rate on table games cut by half. The House voted 35-4 in favour of the bill<\/strong> and this will result in a tax break that totals $16.8 million.<\/p>\n

The tax break will give casinos a bit of breathing room and ensure that they would be able to have a bit of a cushion in case something goes wrong. The three casinos<\/a> collectively employ around 3,000 people in the state<\/strong> and have been complaining for a long time that the current tax regime imposed on them by the state forces them to operate on razor-thin margins and they are always threatened with possible closure due to diminishing profits.<\/p>\n

WHYY News<\/strong><\/p>\n

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