PHRC

PHBPA: 'Cannibalization' of Slot Revenue 'Destroying' Horse Biz Development Model

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...

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Federal Bill To Replace HISA Reportedly In Pipeline

A federal bill aimed at replacing the Horseracing Integrity and Safety Act (HISA) with a regulatory system modeled around an interstate compact is reportedly in the pipeline. The president of the United States Trotting Association (USTA), Russell Williams, disclosed the news about the pending legislation Mar. 21 during a special meeting of the Pennsylvania Horse Racing Commission (PHRC). Williams addressed the PHRC Tuesday just prior to the board voting in favor of entering into three nine-month agreements with the HISA Authority that pertain to the Racetrack Safety Program, the Horseracing...

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