Keyword: PGCB

  • Penn National is one of six tracks in Pennsylvania

    PA Report: Slots Provide Almost 90% of Purses

    More than $228 million was accrued for purses at six Pennsylvania racetracks in 2015 with almost 90% of the funds derived from slot machine revenue, according to an annual report that analyzes the racetrack gaming industry in the state.

  • Race Fund Revenue Up, Handle Down in PA

    Distributions to horse racing from the state Race Horse Development Fund increased 9.5% in 2014 from the previous year, according to the annual Pennsylvania Gaming Control Board benchmark report released April 28.

  • Handle on Live Pennsylvania Races Up 12%

    Purses paid at six racetracks in Pennsylvania in 2012 increased 1% while wagering on the live product was up 12% from the previous year, according to the latest benchmark report prepared by regulators.

  • PA Casinos: $274.9M for Racing in 2010-11

    Pennsylvania's 10 casinos -- racetrack and standalone -- generated $274.9 million for the state's Race Horse Development Fund in fiscal year 2010-11, according to the Pennsylvania Gaming Control Board annual report.

  • Report Reflects Slots Impact on PA Racing

    Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.

  • PA Report: Live Racing Boosts Slots Revenue

    Horse racing at Pennsylvania racetracks is helping casino companies make more money on slot machines, according to one piece of information in the Pennsylvania Gaming Control Board's 2009 report on racetrack gaming.

  • Pennsylvania Slots Produce $200M for Purses

    A "benchmark report" on slot machines in Pennsylvania shows a 39.3% increase in purses paid at Thoroughbred and Standardbred racetracks from 2007 to 2008, but double-digit declines in total pari-mutuel handle during the same period.

  • Slot machines generated 64% of total purses in Pennsylvania in 2007.

    PA Report: Purses Up, Handle Share Down

    Total purses earned at Pennsylvania racetracks jumped 162% from 2006 to 2007 because of revenue from on-track slot machines, while the percentage of purses earned from pari-mutuel wagering dropped substantially during the same period, according to the Pennsylvania Gaming Control Board's first "benchmark report" on the impact of slots on pari-mutuel wagering.

  • PA Gaming Board Supports Equine Welfare

    Though it has no regulatory oversight of equine health and safety, the Pennsylvania Gaming Control Board has adopted a resolution saying it supports the state's efforts to "invest in horse health and welfare."

  • 'Alarming' Opener for Penn National

    Hollywood Casino at Penn National opened on time Feb. 12 with bells and whistles--and with a rousing alarm and taped recording telling everyone to vacate the building.

  • The old grandstand/clubhouse (pictured) was demolished in 2006 to make way for an integrated racing/gaming facility.

    Penn on Schedule for Feb. 12 Opener

    The integrated gaming and racing facility has scheduled "test nights" for Feb. 8 and Feb. 10. Test nights are regularly held at casinos to ensure that all equipment is operating properly.

  • Philadelphia Park

    PA Seeks to Keep 'Race' in Racino

    A Pennsylvania regulator said progress is being made in attempts to educate legislators and make sure horse racing gets its due as gaming parlors continue to open around the state, but much remains to be done.