Pennsylvania Race Horse Development and Gaming Act

Todd Mostoller, the executive director of the Pennsylvania Horsemen's Benevolent and Protective Association (PHBPA), painted a dire economic picture of the state's Thoroughbred and Standardbred racing industries on Tuesday when he told commissioners at the monthly meeting of the Pennsylvania Horse Racing Commission (PHRC) that the 20-year-old legislative funding mechanism for purses has become "cannibalized" by increased competition among casinos that is harming the state's Race Horse Development Fund (RHDF). "The business model that was created by Act 71 [the Pennsylvania Race Horse Development and Gaming Act of 2004] that...