Dover Downs Gaming & Entertainment Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
- The report contains detailed information about Dover Downs Gaming & Entertainment Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Dover Downs Gaming & Entertainment Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Dover Downs Gaming & Entertainment Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Dover Downs Gaming & Entertainment Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Dover Downs Gaming & Entertainment Inc. business.
About Dover Downs Gaming & Entertainment Inc.
Dover Downs Gaming & Entertainment, Inc., through its subsidiaries, operates as a gaming and entertainment company in the United States.
Operations
The company's operations consist of Dover Downs Slots; Dover Downs Hotel and Conference Center; and Dover Downs Raceway. Its operations are located at its entertainment complex in Dover, the capital of the state of Delaware.
Dover Downs Slots: Dover Downs Slots is a 165,000-square foot video lottery casino complex featuring the latest in slot machine offerings, multi-player electronic table games, and a new Race & Sports Book. The casino facility includes the Dover Downs Fire & Ice Lounge, Doc Magrogans Oyster House, Frankies Italian restaurant, as well as various bars, restaurants, and four retail outlets.
Dover Downs Hotel and Conference Center: Dover Downs Hotel and Conference Center is a AAA Four Diamond hotel with conference, banquet, ballroom, and concert hall facilities. The facility includes 500 rooms, including 11 luxury spa suites, a multi-purpose ballroom/concert hall, a fine dining restaurant, swimming pool, and a 6,000 square-foot full-service spa. It offers a range of entertainment options to its patrons, including concerts featuring entertainers, live boxing, gourmet dining, spa facilities, trade shows, and conferences.
Dover Downs Raceway: Dover Downs Raceway is a harness racing track with pari-mutuel wagering on live and simulcast horse races. Live harness races are conducted at Dover Downs Raceway from October until April and are simulcast to approximately 400 tracks and other off-track betting locations across North America on each of its approximately 130 live race dates. The harness horse racing track is a 5/8-mile track and is lighted for nighttime operations. The track is adjacent to its casino and hotel on land owned by Dover Motorsports, Inc. (DVD) on the inside of DVDs auto racing superspeedway.
Competition
The company, within the state of Delaware, faces direct live competition from other two tracks, including Harrington Raceway, a south central Delaware fairgrounds track; and Delaware Park, a northern Delaware track.
History
Dover Downs Gaming & Entertainment, Inc. was founded in 1969.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
RESEARCH METHODOLOGY
DISCLAIMER
1. DOVER DOWNS GAMING & ENTERTAINMENT INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. DOVER DOWNS GAMING & ENTERTAINMENT INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. DOVER DOWNS GAMING & ENTERTAINMENT INC. SWOT ANALYSIS
3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats
4. DOVER DOWNS GAMING & ENTERTAINMENT INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. DOVER DOWNS GAMING & ENTERTAINMENT INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Dover Downs Gaming & Entertainment Inc. Direct Competitors
5.2. Comparison of Dover Downs Gaming & Entertainment Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Dover Downs Gaming & Entertainment Inc. and Direct Competitors Stock Charts
5.4. Dover Downs Gaming & Entertainment Inc. Industry Analysis
5.4.1. Restaurants and Leisure Industry Snapshot
5.4.2. Dover Downs Gaming & Entertainment Inc. Industry Position Analysis
6. DOVER DOWNS GAMING & ENTERTAINMENT INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. DOVER DOWNS GAMING & ENTERTAINMENT INC. EXPERTS REVIEW1
7.1. Experts Consensus
7.2. Experts Revisions
8. DOVER DOWNS GAMING & ENTERTAINMENT INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. DOVER DOWNS GAMING & ENTERTAINMENT INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. DOVER DOWNS GAMING & ENTERTAINMENT INC. PORTER FIVE FORCES ANALYSIS2
12. DOVER DOWNS GAMING & ENTERTAINMENT INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF FIGURES
Dover Downs Gaming & Entertainment Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Dover Downs Gaming & Entertainment Inc. 1-year Stock Charts
Dover Downs Gaming & Entertainment Inc. 5-year Stock Charts
Dover Downs Gaming & Entertainment Inc. vs. Main Indexes 1-year Stock Chart
Dover Downs Gaming & Entertainment Inc. vs. Direct Competitors 1-year Stock Charts
Dover Downs Gaming & Entertainment Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Dover Downs Gaming & Entertainment Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Dover Downs Gaming & Entertainment Inc. Key Executives
Dover Downs Gaming & Entertainment Inc. Major Shareholders
Dover Downs Gaming & Entertainment Inc. History
Dover Downs Gaming & Entertainment Inc. Products
Revenues by Segment
Revenues by Region
Dover Downs Gaming & Entertainment Inc. Offices and Representations
Dover Downs Gaming & Entertainment Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Dover Downs Gaming & Entertainment Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Dover Downs Gaming & Entertainment Inc. Capital Market Snapshot
Dover Downs Gaming & Entertainment Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Restaurants and Leisure Industry Statistics
Dover Downs Gaming & Entertainment Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Dover Downs Gaming & Entertainment Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Historical Surprises1
Revenue Estimates Trend1
Earnings Estimates Trend1
Revenue Revisions1
SWOT Analysis
SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL Analysis
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO Analysis
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Financial
- Physical
- Technological
- Organizational
- Intangible resources
- Human
- Innovation and Creativity
- Reputation
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Valuable?
- Rare?
- Costly to imitate?
- Organized properly?