Pennsylvania Racing

Pennsylvania Governor Tom Wolf submitted his 2020-2021 budget Tuesday, which called for a massive cut in the amount of money that goes to horse racing from slots proceeds. Wolf is seeking to take $204 million away from the Race Horse Development Fund, which totals about $250 million. Such a move would prove devastating to racing and breeding industries, as slot money accounts for 88% of the total purses. "This scheme would destroy an industry that provides a $1.6-billion economic impact and supports an estimated 16,000 to 23,000 jobs in the...