Delaware Park Casino: Unveiling the Mystery Behind the Ownership

Delaware Park Casino, a renowned gambling and entertainment destination, has always been a subject of intrigue among casino enthusiasts. One of the most frequently asked questions revolves around the ownership of this iconic establishment. In this article, we will delve into the mystery and shed light on the individuals or entities that hold the reins of this esteemed casino.

I. A Brief Overview of Delaware Park Casino

Before diving into the ownership aspect, let's take a quick glance at Delaware Park Casino. Established in 1981, this gambling resort is located in Wilmington, Delaware. The casino offers a wide array of gaming options, including slots, table games, poker, and sports betting. Over the years, it has gained popularity for its luxurious amenities, exceptional service, and vibrant atmosphere.

II. The Initial Ownership

The story of Delaware Park Casino's ownership began with the Delaware Park Development Corporation (DPDC), a company owned by local investors. The DPDC was responsible for the construction and operation of the casino. However, the DPDC's ownership was short-lived, as it was later acquired by a private company known as PPL Corporation.

III. PPL Corporation's Acquisition

PPL Corporation, an American energy company, acquired Delaware Park Casino in 1990. This acquisition marked a significant turning point for the casino, as PPL Corporation was known for its strong presence in the hospitality and entertainment industries. Under PPL Corporation's ownership, Delaware Park Casino continued to thrive and expand its offerings.

IV. The Current Ownership

After several years, PPL Corporation sold its stake in Delaware Park Casino to another private company, holding the reins of the esteemed establishment. Today, the casino is owned by the Cordish Companies, a well-known real estate, gaming, and entertainment development firm.

V. The Cordish Companies: A Brief Introduction

The Cordish Companies, founded in 1910, have a rich history in the gaming and entertainment industry. The company is known for its expertise in developing and operating successful casinos, hotels, and entertainment complexes across the United States and around the world. The Cordish Companies' acquisition of Delaware Park Casino has further bolstered the casino's reputation and solidified its position as a premier gaming destination.

VI. Impact of Ownership on Delaware Park Casino

The change in ownership has had a significant impact on Delaware Park Casino. The Cordish Companies' expertise in gaming and entertainment has helped the casino to enhance its offerings, improve its facilities, and elevate the overall guest experience. Moreover, the company's focus on sustainability and community involvement has further cemented Delaware Park Casino's commitment to responsible gaming and social responsibility.

VII. Frequently Asked Questions

1. How many employees does Delaware Park Casino have?

Delaware Park Casino employs approximately 1,200 full-time and part-time staff members.

2. What types of gaming options are available at Delaware Park Casino?

The casino offers a wide range of gaming options, including slots, table games, poker, and sports betting.

3. How does Delaware Park Casino contribute to the local economy?

The casino generates millions in revenue annually, supporting local businesses, and providing employment opportunities.

4. Is Delaware Park Casino open to tourists from outside Delaware?

Yes, tourists from outside Delaware are welcome at Delaware Park Casino, as long as they are of legal gambling age.

5. What is Delaware Park Casino's approach to responsible gaming?

Delaware Park Casino is committed to promoting responsible gaming. The casino offers resources and assistance to individuals struggling with gambling addiction, and it strictly enforces age and identification requirements.

In conclusion, the ownership of Delaware Park Casino has gone through several changes, from the initial DPDC to PPL Corporation and, finally, The Cordish Companies. Each ownership period has contributed to the casino's growth and success. Today, Delaware Park Casino stands as a testament to the power of experienced ownership and the commitment to excellence in the gaming and entertainment industry.