United States

Profile: Dover Downs Gaming & Entertainment Inc (DDE.N)

DDE.N on New York Stock Exchange

16 Feb 2018
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Dover Downs Gaming & Entertainment, Inc., incorporated on November 16, 2001, is a holding company. The Company, through its subsidiaries, operates gaming and entertainment resort destination. The Company operates through its gaming and entertainment segment. The Company's operations consist of Dover Downs Casino, Dover Downs Hotel and Conference Center and Dover Downs Raceway. Dover Downs Casino features table games, including craps, roulette and card games, such as blackjack, Spanish 21, baccarat, 3-card and pai gow poker, slot machine offerings, multi-player electronic table games, a poker room, a Race and Sports Book operation, the Dover Downs' Fire & Ice Lounge, the Festival Buffet, Doc Magrogan's Oyster House, Frankie's Italian restaurant, as well as various bars, restaurants and over four retail outlets. Dover Downs Hotel and Conference Center is approximately 500 room AAA Four Diamond hotel with a dining restaurant, full service spa/salon, conference, banquet, ballroom and concert hall facilities. Dover Downs Raceway is a harness racing track with pari-mutuel wagering on live and simulcast horse races. The Company has two wholly owned subsidiaries: Dover Downs, Inc. and Dover Downs Gaming Management Corp.

Dover Downs Casino

The Company's Dover Downs Casino complex features over 165,000 square-feet of space and houses approximately 2,300 slot machines. It operates around the clock and seven days a week. Its Race & Sports Book operation features parlay sports wagering on National Football League (NFL) games and pari-mutuel wagering on live and simulcast horse races. Dover Downs, Inc. conducts video lottery, sports wagering, table game and Internet gaming operations. Its Capital Club, a slots players club and tracking system, allows the Company to identify customers and to reward their level of play through various marketing programs. Membership in this club stands at approximately 145,000 patrons in one of three tiers Capital Gold, Capital Platinum or Platinum Elite.

Dover Downs Hotel

The Company's Dover Downs Hotel and Conference Center is a luxury hotel facility. The facility includes over 500 rooms, including over 10 spa suites, a multi-purpose ballroom/concert hall, a dining restaurant, swimming pool and approximately 6,000 square-foot full service spa. Its facility offers over 35,000 square feet of conference space. It offers a range of entertainment options to its patrons, including concerts featuring prominent entertainers, live boxing, gourmet dining, spa facilities, trade shows and conferences.

Dover Downs Raceway

The Company's Dover Downs Raceway presents pari-mutuel harness racing events. Live harness races are conducted at Dover Downs Raceway from November until April and are simulcast to over 300 tracks and other off-track betting locations across North America on each of its over 100 scheduled live race dates. Additional amenities include the Winners Circle Restaurant overlooking the horse racing track. Within its Race and Sports Book operation is the simulcast parlor where its patrons can wager on harness and thoroughbred races received by satellite into its facility year round from various tracks across North America. Large flat screen monitors throughout the area provide views of all races simultaneously and the betting windows are connected to a central computer allowing bets to be received on all races from all tracks. It holds a license from the Harness Racing Commission authorizing it to hold harness race meetings on its premises and to offer pari-mutuel wagering on live and simulcast horse races.

The Company competes with Harrington Raceway and Delaware Park.

Company Address

Dover Downs Gaming & Entertainment Inc

DOVER   DE   19901-2008
P: +1302.6744600
F: +1302.8573253

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