Dover Downs Gaming & Entertainment made nearly $600,000 in the third quarter, but earnings are still down $190,000 for the first nine months of the year.
This year’s numbers surpass last year’s third quarter earnings, but the company is still down $621,000 compared to 2013.
Much of the red ink comes from losses to gaming revenue, which Dover Downs attributes to increased regional competition.
For 2013, the company made $13,000.
Share prices have plummeted from $2.50 about two years ago to 69 cents a share earlier this week.
Each of Delaware’s three casinos continues to lobby the state for further relief after receiving bailout packages over the past two years, totaling $17.9 million.
Industry representatives sitting on a state advisory panel are finalizing recommendations to lawmakers that include restructuring video lottery rate structures and taxes on table games.
