Dover Downs' chief executive Ed Sutor has stated that the implementation of parlay sports wagering on National Football League games has helped the facility, but he wouldn't invest the same amount of capital toward the project if he had the opportunity to do things over again
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"If we had to do it over again, I don't think we'd spend that much money doing it,'' Sutor was quoted as saying in an article on delawareonline.com.
Dover Downs had invested $5 million to equip its facility with a sportsbook on the hope that it would be able to offer single-game, Las Vegas-style wagering on various professional and collegiate sporting events. The hope came from a push from the state of Delaware to legalize the practice. Eventually, after rulings and appeals, implementation of the initiative was not permitted by the government.
Sutor's comments come in the delawareonline.com article which explains that through the first 12 weeks of the NFL season, sports wagering has generated $830,612 for the state treasury, despite what the article refers to as a 'wipeout' weekend in October.
Click here to the read the delawareonline.com article in its entirety.
(With files from delawareonline.com)