Delaware’s lone publicly traded casino turned another profit this past quarter, but it’s lagging behind last year’s earnings.
Dover Downs Gaming & Entertainment raked in $520,000 in profit from July through September, despite a decrease in slot play.
But that figure is down from the same period a year ago when Dover Downs collected about $825,000.
The company is also roughly $300,000 shy of how much profit it earned during the first three quarters of 2015.
Dover Downs is seeing better returns from its hotel and food and drink services, boasting an occupancy rate of more than 90 percent for the quarter.
In a release, President and CEO Denis McGlynn says the state must lower gaming taxes to help cushion an expected blow from the new $1.4 billion MGM resort and casino opening outside of DC in December.
Such proposals to the General Assembly over the past two years seeking tens of millions of dollars have met with little support from lawmakers.
