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Dover Downs Declares Increased Quarterly Dividend

DOVER, Delaware – (PRESS RELEASE) -- Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) Board of Directors today declared a regular quarterly cash dividend on both classes of common stock of $.045 per share, an increase of 12.5%, or $.005 per share. The dividend will be payable on September 10, 2006 to shareholders of record at the close of business on August 10, 2006.

Dover Downs Gaming & Entertainment, Inc. is a diversified gaming and entertainment company whose operations consist of Dover Downs Slots - a 95,000-square-foot video lottery (slots) casino complex; the Dover Downs Hotel - featuring luxury accommodations with conference, banquet, fine dining, ballroom and concert hall facilities; and Dover Downs Raceway - a harness racing track with pari-mutuel wagering on live and simulcast horse races.

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