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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...

The popular Mid-Atlantic Thoroughbred Championships Series (MATCH) has been renewed for 2020, with an expanded schedule and an increase in owner, trainer and breeder bonus money thanks to new partner racetracks, horsemen's groups and breeder associations, the Thoroughbred Horsemen's Association announced Tuesday. The Series, which returned in 2018 after a 16-year hiatus and works toward the larger goal of coordination in a region with the largest concentration of daily racing in the United States, has grown to 35 stakes at eight tracks with a combined $3.75 million in purses for...