Gambling in the USA

PGCB releases study of casinos’ impact on horse racing

Published

7 years ago

April 4, 2018

Niji Narayan

Photo credits: http://mychesco.com

Reading Time: < 1 minute

The Pennsylvania Gaming Control Board (PGCB), the gaming authority of Pennsylvania, published its annual report that studies the impact of casinos on the horse racing industry.

PGCB’s Annual Racetrack Casino Benchmark Report details the impact of Pennsylvania casinos on the Commonwealth’s horse racing industry.

The report includes and compares information from the 2017 calendar year. Among the report’s findings is that the tax generated by the play of slot machines amount to US$239 million and was earmarked for enhancements of race purses, assisting breeding operations located in Pennsylvania, providing health and pension benefits for horsemen, and to support agricultural initiatives.

The report also shows that total dollars wagered on live races held at the six racetracks operating in the Commonwealth was up three per cent in 2017, exceeding US$700 million. The horse racing tracks operating in conjunction with casinos in Pennsylvania are: Parx Casino in Bucks County, Presque Isle Downs & Casino in Erie County, Hollywood Casino at Penn National Race Course in Dauphin County, the Downs at Mohegan Sun Pocono in Luzerne County, the Meadows Racetrack and Casino in Washington County and Harrah’s Philadelphia Racetrack and Casino in Delaware County.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.