Pennsylvania

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Life After Slots? It's Sobering--at Best

The expansion of gaming at racetrack casinos doesn't always guarantee more money for purses and breed development programs, horsemen said July 2 during a sobering discussion that showed horse racing's challenge to stay relevant in a revenue-driven environment.

Pennsylvania Horsemen React to Gaming Bill

The Pennsylvania Thoroughbred Horsemen's Association responded May 14 to legislation introduced in the state that would permit video lottery terminals at additional venues. The state's racing purses have grown considerably in the past few years with revenue from slots at the racetracks.

Penn No Longer Purse Bottom-Feeder

In their first 11 months of operation, slot machines at Hollywood Casino at Penn National Race Course produced more than $22.6 million for Thoroughbred purses and breed development. The funds have allowed Penn National to offer a minimum purse that will be higher than that paid by some of its competitors.

Penn National Cancels Jan. 16 Program

Hollywood Casino at Penn National Race Course has cancelled live racing for Jan. 16, as forecasts call for bitter cold temperatures accompanied by sub-zero wind chill.

Jones No Longer With Walnut Green

Russell B. Jones Jr. no longer is working for the Walnut Green bloodstock agency that he and his late brother, Richard, founded in 1980. The Joneses sold Walnut Green to the Mark Reid Bloodstock Agency and partners in September of 2005, and Russell Jones remained associated with the prominent Pennsylvania-based business, serving as its president.

Is Racing Using Its Slots Money Wisely?

Is Racing Using Its Slots Money Wisely?

As hundreds of millions of dollars in revenue from slot machines flows to horse racing, there is growing sentiment that perhaps the racing industry is failing to capitalize on the new wealth by solely pumping money into purses and breed development programs.

Fair Grounds ADW Deal: Good or Bad?

Fair Grounds ADW Deal: Good or Bad?

A recent deal that allowed expanded distribution of the Fair Grounds racing signal was hailed by some as a step forward in the months-long nationwide dispute between horsemen, racetracks, and advance deposit wagering entities. But some horsemen's groups are categorizing the development as a step backwards in an overall plan to secure higher revenue shares for purses from a growing wagering segment.

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