Free Slots!
Slots
Free Bingo!
Bingo
Free Baccarat!
Baccarat
Free Blackjack!
Blackjack
Free Craps!
Craps
Free Keno!
Keno
Free Roulette!
Roulette
Free Poker!
Poker
Free Video Poker!
Video Poker
  • Free Slots and Casino Games
  • Free Slots and Casino Games
1 2

PA Slot Impact on Race Purses Report Released

PRESS RELEASE

July 27, 2016

Statistics in the Pennsylvania Horse Racing Commission annual report for 2015 reflect how integral revenue from slot machines is to purses for Thoroughbred and Standardbred racing at six racetrack casinos in the state.

Total wagering on live races at the six tracks last year amounted to $720,537,799. Purses paid totaled $201,976,424, or 28% of pari-mutuel handle. Purses derived only from handle generally run from 6%-7% on average in the United States, according to Thoroughbred Racing Associations stats.

As expected, the percentage of alternative gaming revenue supporting purses was lower for the three Thoroughbred tracks—Parx Racing, Hollywood Casino at Penn National Race Course, and Presque Isle Downs & Casino than for the three Standardbred tracks. The Thoroughbred tracks combined for $496,353,661 in pari-mutuel handle in 2015 and Thoroughbred purses paid of $105,408,653, which is 21% of total wagering on live races.

Harness racing purses totaled $96,567,771 at Harrah's Philadelphia, The Meadows Racetrack & Casino, and Mohegan Sun Pocono. That figure is 43% of total handle of $224,184,138 on live races at the three tracks.

A percentage of slots revenue at racetrack casinos and non-track casinos in Pennsylvania goes to the Race Horse Development Fund for purses, breed development, and other programs.

On the Thoroughbred side, Parx led the list with total wagering of $254,913,375 and purses paid of $59,905,809 in 2015. The Meadows topped the Standardbred tracks in both categories with total handle of $100,749,974—almost 45% of total harness betting—and $36,214,786 in purses paid last year.

The annual report shows that total tax revenue generated by pari-mutuel wagering was $10,026,179 last year. An introduction states that $18 million to $20 million is needed to regulate horse racing in the state each year; legislation signed into law earlier this year calls for a percentage of RHDF revenue to be used to support racing commission operations and programs.

Return to Pennsylvania Casinos.
Today's Specials
Tuesday  January 24, 2017
Our "Most-Visited" Casino

US Players Welcome
A World-Class Casino for everyone's favorite Slots and Table Games. Rated #1 by 500 Nations players.
300 Free Slots & Casino Games
No Sign-up | No Download
Casino $3,000 Welcome Bonus
100% Match Redeem 8 Times
Slots $3,000 Bonus
100% Match Redeem 8 Times
Table Mania Tuesdays (Today!)
$10 weekly table bonus!
Ahora en Español
Bono Casino de Bienvenida de USD3,000
View All Bovada Promotions
Member benefits, daily promos.
Join Bovada
Join Bovada
Join Bovada
500 Nations is an independent directory and information service free of any gaming operator's control and not affiliated with any casino.
Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located.
>