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Dover Downs
DoverDownsSportsbook.jpg
Dover Downs' Sports Lounge (2011)
Location 1131 North DuPont Highway
Dover, Delaware
Coordinates 39°11′21″N 75°31′58″W / 39.189201°N 75.532675°W / 39.189201; -75.532675Coordinates: 39°11′21″N 75°31′58″W / 39.189201°N 75.532675°W / 39.189201; -75.532675
Owned by Dover Downs Gaming & Entertainment
Date opened 1969
Race type Harness racing
Official website

Dover Downs is a hotel, casino, and racetrack complex in Dover, Delaware. It has a .625-mile (1.006 km) harness horse racing track, which is surrounded by Dover International Speedway, a 1-mile (1.6 km) concrete track used for NASCAR motor racing events. The speedway is owned and operated by Dover Motorsports, while the rest of the complex is the property of Dover Downs Gaming & Entertainment (NYSE: DDE).

Primary features of Dover Downs Hotel & Casino include a hotel, dining options, over 2,700 slot machines, 40 table games, and the Rollins Center, an 18,000-square-foot (1,700 m) multipurpose ballroom which features entertainment as well as hosting business conferences, conventions and banquets. Steelman Partners were the original architects and interior designers in 1995.

A hotel expansion in autumn 2007 added 268 additional rooms, including 52 suites and 11 spa suites, for a total of 500 hotel rooms. This made Dover Downs the largest hotel in Delaware. Toppers Spa/Salon opened in the hotel on December 29, 2007.

Dover Downs began a venture into the online gambling realm in late 2013.

The hotel at Dover Downs offers upscale accommodations with rooms facing both the racetrack and the city. Amenities at the hotel include a full-service spa, fitness room, indoor swimming pool, room service, and concierge. Dover Downs offers space for meetings, banquets, conferences, and conventions, including over 40,000 sq ft (3,700 m) of function space, the 18,000 sq ft (1,700 m) Rollins Center ballroom, several meeting rooms, and three hospitality suites offering views of the racetrack.

The casino at Dover Downs offers over 2,300 slot machines, 41 gaming tables, and an 18-table poker room. Table games offered at Dover Downs include craps, roulette, and card games such as blackjack, Spanish 21, baccarat, three card poker, pai gow poker, high card flush, 21+3, heads up poker, and Mississippi stud.

Dover Downs offers live harness racing from November to mid-April and simulcasts of harness and thoroughbred racing year-round. The Race & Sports Book offers sports betting on live and simulcast horse racing along with parlay betting on National Football League games.

Dover Downs offers various entertainment options including headline entertainers, comedians, concerts, and musical acts. Entertainers and musicians that have performed at Dover Downs include Tracy Lawrence, Boyz II Men, Howie Mandel, Creedence Clearwater Revival, and the Glenn Miller Orchestra.

Dining options at Dover Downs include:

Bars and nightclubs at Dover Downs include:

Dover Downs offers upscale shopping at The Colonnade. Stores include:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

9203-03-09
6311-03-07
3487-02-14
2016-03-16 Lower Price Target JPMorgan Chase & Co. Neutral $58.00 to $57.00
2015-04-23 Boost Price Target JPMorgan Chase & Co. Underweight $60.00 to $62.00
2008-11-24 Upgrade Jefferies & Co Underperform to Hold $4.50 to $2.75
2008-10-23 Downgrade Jefferies & Co Buy to Underperform $9 to $5.50
2008-04-25 Downgrade KeyBanc Capital Mkts Buy to Hold
2008-04-24 Reiterated Sterne Agee Hold $12 to $10
2007-10-29 Upgrade KeyBanc Capital Mkts Hold to Buy $14.50
2007-10-08 Upgrade Jefferies & Co Hold to Buy $14
2007-08-16 Downgrade KeyBanc Capital Mkts / McDonald Buy to Hold
2007-07-10 Initiated KeyBanc Capital Mkts / McDonald Hold
2007-06-19 Downgrade Stifel Nicolaus Hold to Sell
2007-03-29 Initiated Nollenberger Capital Neutral
2007-02-13 Upgrade Stifel Nicolaus Sell to Hold
1970-01-01
0647-02-26
9203-03-09
6311-03-07
3487-02-14
2016-03-16 Lower Price Target JPMorgan Chase & Co. Neutral $58.00 to $57.00
2015-04-23 Boost Price Target JPMorgan Chase & Co. Underweight $60.00 to $62.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Gates Capital Management, Inc. 15.03%  (2688167) DDE /
TIPPIE HENRY B 5.79%  (1034596) DDE / DVD / RES / ROL /
ROLLINS JOHN W JR 2.01%  (359395) DDE / DVD /
SUTOR EDWARD J Executive Vice Pres. & COO 1.34%  (239234) DDE /
MCGLYNN DENIS President and CEO 1.24%  (221290) CCG / DDE / DVD /
BELOHOUBEK KLAUS M Sr. VP, General Counsel & Secy 1.08%  (193875) DDE / DVD /
HORNE TIMOTHY R Sr. VP - Finance, Treas. & CFO 0.76%  (135887) DDE / DVD /
WEAVER EUGENE W 0.67%  (119400) DDE / DVD /
ROLLINS JEFFREY W 0.21%  (37942) DDE / DVD /
BAGLEY PATRICK J 0.15%  (27322) DDE / DVD /
CHALMERS KENNETH K 0.03%  (5000) DDE / DVD /