Dover Downs, which operates a racetrack, hotel and casino in Dover, Delaware is moving toward a merger with Twin River Casino, which operates two casinos in Rhode Island.
The merger will be considered at a public meeting of stockholders of both companies on March 26 in Dover. The boards of both companies are recommending the merger.
The merger was first proposed by Twin River, which said it would enable both companies could be operated more profitably. Twin River estimates revenues over almost $1 billion annually for the combined companies.
