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26
July 2008
Report
Provides Impact Of Slot Machine
Revenue
The
Pennsylvania Gaming Control Board
has released its first benchmark
report to determine the impact of
slot machine play on Pennsylvania
pari-mutuel wagering.
The
report, which compares the status
of pari-mutuel wagering between
the years of 2006 and 2007,
focuses on revenue from slots
played and the various indicators
of pari-mutuel health such as
purse amounts, racing handle (the
total amount wagered by patrons)
and exporting of live racing
signals to other properties both
inside and outside
Pennsylvania.
"This
first report is important because
it establishes a baseline from
which to compare subsequent years
of pari-mutuel activity," says
Melinda Tucker, the PGCB Director
of Racetrack Gaming. "Future
reports, including next year's
report with complete figures for
2008, will provide a better and
clearer picture of the future for
horse and harness racing in
Pennsylvania, and the impact of
slots gaming at those
facilities."
Gaming
Control Board member and
agriculturalist Gary A. Sojka
says that this type of report is
important because it helps gauge
one of the major objectives of
the Pennsylvania Race Horse
Development and Gaming Act:
reinvigoration of the horse and
harness racing
industry."
"The
success of our racing industry
has a direct effect on farmland
preservation and agricultural
activity in the commonwealth."
Sojka states.
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