SECURITIES AND EXCHANGE COMMISSION
                             Washington D.C. 20549


                                   FORM 8-K

                                CURRENT REPORT


                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): March 7, 2002


                        Dover Downs Entertainment, Inc.
            (Exact name of registrant as specified in its charter)

                        Commission File Number 1-11929


                  Delaware                                51-0357525
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)


               1131 N. DuPont Highway
               Dover, Delaware                       19901
        (Address of principal executive offices)   (Zip Code)


       Registrant's telephone number, including area code (306) 674-4600


         (Former name or former address, if changed since last report)
                                      N/A


Item 5.  Other Events.

Following is the text of a press release issued by the Company on March 7, 2002:

"Dover Downs Entertainment, Inc. (NYSE - Symbol: DVD) announced today that its
Board of Directors had formally approved the previously announced spin-off of
its gaming business and established March 18, 2002 as the record date for the
spin-off.

Dover Downs Entertainment will accomplish the spin-off by transferring its
gaming business to Dover Downs Gaming & Entertainment, Inc., a newly formed
Delaware corporation ("Gaming & Entertainment"), and then distributing 100
percent of the shares of Gaming & Entertainment common stock and Class A common
stock, on a pro rata basis, to Dover Downs Entertainment's stockholders.

The effective date for the distribution will be March 31, 2002.  Gaming &
Entertainment has been authorized to list its shares of common stock on the New
York Stock Exchange under the symbol "DDE" and will be publicly traded for the
first time on or about the effective date.

Dover Downs Entertainment, Inc. will change its name to Dover Motorsports, Inc.
and will continue to trade on the New York Stock Exchange under its existing
symbol "DVD".

Dover Downs Entertainment stockholders as of the close of business on the record
date will automatically participate in the spin-off.  On the effective date,
each such stockholder will receive 0.7 shares of Gaming & Entertainment common
stock for each share of Dover Downs Entertainment common stock held as of the
record date and 0.7 shares of Gaming & Entertainment Class A common stock for
each share of Dover Downs Entertainment Class A common stock held as of the
record date.

No Dover Downs Entertainment stockholder will be required to pay cash or other
consideration for any shares of Gaming & Entertainment common stock or Class A
common stock received in the spin-off, or to surrender or exchange shares of
Dover Downs Entertainment common stock or Class A common stock to receive Gaming
& Entertainment common stock or Class A common stock.  No fractional shares of
stock will be issued.  Cash will be paid in lieu of fractional shares.

Dover Downs Entertainment, Inc. has received a ruling from the Internal Revenue
Service that, for U.S. Federal income tax purposes, the distribution of Gaming &
Entertainment stock will be tax free, except for cash received in lieu of
fractional shares.

After the spin-off, Gaming & Entertainment will be an independent public
company. The number and identity of stockholders of Gaming & Entertainment
immediately after the spin-off will be the same as the number and identity of
stockholders of Dover Downs Entertainment immediately prior to the spin-off. The
actual number of shares of Gaming & Entertainment common stock and Class A
common stock to be distributed will be determined as of the record date. The
spin-off will not affect the number of outstanding shares of Dover Downs
Entertainment common stock or Class A common stock or the rights of Dover Downs
Entertainment stockholders.

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Gaming & Entertainment has filed a registration statement on Form 10 with the
Securities and Exchange Commission.  The information statement filed as an
exhibit to that registration statement describes the mechanics of the
distribution of Gaming & Entertainment shares and contains important financial
and other information concerning Gaming & Entertainment.  It will be mailed to
the shareholders of Dover Downs Entertainment, Inc. on or about the record date.

                          __________________________

Dover Downs Entertainment, Inc. (www.doverdowns.com) is a leading promoter of
motorsports events in the United States.  Its motorsports subsidiaries operate
six motorsports tracks (four permanent facilities and two temporary circuits) in
five states and promote motorsports events under the auspices of four of the
premier sanctioning bodies in motorsports - NASCAR, CART, IRL and NHRA.  The
Company owns and operates Dover International Speedway in Dover, DE; the new
Nashville Superspeedway in Nashville, TN; Gateway International Raceway near St.
Louis, MO.; and Memphis Motorsports Park in Memphis, TN.  It also organizes and
promotes the Toyota Grand Prix of Long Beach in California and the Grand Prix of
Denver.

The Company's gaming operations consist of Dover Downs Slots - an 80,000 square
foot video lottery (slots) casino, the Dover Downs Hotel and Conference Center,
and the Dover Downs Raceway - a harness racing track with pari-mutuel wagering
on live and simulcast horse races."

Item 7.  Financial Statements and Exhibits.

The financial statements and pro forma financial information required by this
Item will be included in the Company's Form 10-K for fiscal year ended December
31, 2001.

                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                              Dover Downs Entertainment, Inc.


                              /s/  Denis McGlynn
                              ------------------------------------------
                              Denis McGlynn
                              President and Chief Executive Officer


Dated:  March 7, 2002

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