The Pennsylvania Equine Coalition has announced that a provision of state code that resulted in the diversion of 17% from the Race Horse Development Fund has sunset with the adoption of the state budget.
The Pennsylvania horse racing and breeding industry, currently concerned about a steady decline in the revenue it gets from slot machines, got some surprise public relations May 3 courtesy of the grade I Kentucky Oaks.
The Pennsylvania Equine Coalition, noting another monthly loss in revenue from slot machines at racetrack casinos, predicts an overall reduction of $17 million in the Race Horse Development Fund for fiscal year 2012-13.
A percentage of horsemen's revenue from slot machines in Pennsylvania will continue to go to the state's general fund and other programs under the fiscal year 2013-14 unveiled Feb. 7 by Gov. Tom Corbett.
A shift in slot machine revenue from horse racing to other programs in Pennsylvania is set to expire this summer, and the Pennsylvania Equine Coalition Jan. 8 urged lawmakers to honor the sunset provision.
The Pennsylvania Equine Coalition said thank you to the state legislature July 2 for sparing most of the $72 million that could have been cut from the Pennsylvania Race Horse Development Fund.
The Pennsylvania Equine Coalition said June 11 it is closer to consensus on "action items" designed to improve the health and safety of equines and humans at racetracks in the state.
A coalition of Pennsylvania horsemen is seeking a series of "state-level" meetings of all stakeholders in horse racing to examine ways to improve the health and safety of equine and human participants.
The Pennsylvania Horse Conference served as platform for racehorse owners, breeders, and trainers to tout support from several lawmakers who oppose a plan cut gaming revenue to purses and breed development programs.
The Pennsylvania horse racing and breeding industry, which could lose about $70 million a year in gaming revenue under the proposed state budget, has organized a conference geared toward educating lawmakers.
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