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Pennsylvania Horse Racing says online gambling is a threat to its future

Friday October 23,2015 : ONLINE GAMBLING DRAGGED INTO RACE TRACK DISPUTE WITH PENNSYLVANIA GOVERNOR
 
Pennsylvania Horsemen's Benevolent and Protective Association says online gambling is a threat to its future…unless it gets a cut!
 
Pennsylvania has been the primary battleground for internet gambling this week as legalisation initiatives have gathered momentum due to the need to plug a state budget deficit, and Sheldon Adelson's Coalition to Stop Internet Gambling focused on the state's legalisation moves
 
A new area of contention opened up as the week came to a close when state governor Tom Wolf and the Pennsylvania Horsemen's Benevolent and Protective Association clashed over the finances of the Pennsylvania Race Horse Development Fund (PRHDF)...and online gambling was dragged into the debate.
 
Gov. Wolf is keen to address an annual funding shortfall of around $9 million in the PRHDF and has threatened to halt racing at the state's six tracks at the end of October if legislative moves to overhaul the body prove fruitless. A bill passed by the state Senate in June would establish a single oversight commission for thoroughbred and harness racing as well as shifting drug-testing costs to the industry.
 
Reacting to the governor's warning, the executive director of the Pennsylvania Horsemen's Benevolent and Protective Association, Todd Mostoller, said he was shocked by the threat, which he characterised as a "strong-arm tactic" that would be discussed by the racing industry.
 
In a rather barbed reference to the deficit-plagued, three-month-overdue state budget, he commented: “If this is the tactic they want to use, I understand why there isn't a budget.”
 
Mostoller is apparently trying to stall any immediate action on the dispute, proposing that a solution to the shortfall may be possible from a revenue standpoint.
 
Perhaps this is why his Association used the opportunity Thursday to drag online gambling into the dispute, using the widely discredited argument that legalised online gambling in Pennsylvania will further damage an already ailing horse racing industry by cannibalising business at existing state brick and mortar facilities.
 
This could occur because the land casinos contribute a portion of annual gambling revenues from slot machines to the Pennsylvania Race Horse Development Fund...last year to the tune of $242 million. If that is impacted by the legalisation of online gambling through state casinos, horse racing would suffer, Mostoller argued.
 
Observers claim that the Pennsylvania Horsemen's Benevolent and Protective Association has opposed moves to legalise intrastate online gambling because these initiatives do not include a cut of online gambling for the horse-racing industry.
 
Representative John Payne, who heads the House Gaming Oversight Committee and is supporting legalisation, says he is open to discussions on including a cut for the Association, but that he does not feel this is necessary
 
“The horsemen want money from Internet gambling, daily fantasy sports and even the bingo halls,” Payne said. “I'm still trying to figure out how online gaming or fantasy sports have anything to do with being at the horse tracks.”
 
Mostoller responded by saying that his Association wants a cut of online slots action should remote gambling be legalised.
 
“All we are saying is we should get compensation should there be any harm that comes our way,” he said.
 
Taxable wagering at Pennsylvania tracks dropped 71 percent from 2001 to 2014, according to the state Department of Agriculture. A tax on parimutuel bets contributed $31.8 million to the racing fund in 2001 but only about $11 million last year.
 
Governor Wolf's spokesman told reporters this week that the Fund has a $9 million deficit "year after year."

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Gambling News :

Anti Gambling bill S. 3376 - #s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.

2016 WPT Borgata Main Event Results - @MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.

G-Sports debuts with the game Road Redemption - #esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.

French licensed gambling operators lost $5M in 2015 - #france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.

NO PRIVATISATION FOR ONTARIO LOTTERY - The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.

Space Invaders wins Best Slot Product Award - The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.

Loss Recovery Act has again been defeated in a class action lawsuit - #gameofwar Illinois notorious Loss Recovery Act has again been defeated in a class action lawsuit...this one emanating from in-game activity on a mobile social gaming video game.

NEW MARKETING CAMPAIGN FROM LADBROKES - The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.

Gamesys acquires Snowcat Games - London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.

BetConstruct adds virtual sports products - The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.

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