Bets at Pa. horse tracks rose 12 percent in 2012
Gaming officials say the horse industry continues to benefit from casino revenue
Pennsylvania gaming regulators say the amount of money wagered at the state's horse racing tracks rose 12 percent last year to $776.9 million.
The state has six horse-racing tracks and last year's total is the highest since the state start of slot-machine gambling in 2006.
Gaming Control Board Chairman William Ryan Jr. says the report out Wednesday shows the horse racing industry continues to benefit from revenue generated by casinos.
A portion of the total revenue generated from slot machines is earmarked for the horse-racing industry.
Last year, slot machine tax revenue generated about $272 million for the Pennsylvania Race Horse Development Fund; officials say about $224 million of that was earmarked for the horse-racing industry, going toward purses, breeding operations, health and pension benefits for horsemen and other things.
There are six horseracing tracks in Pa:
Pocono Downs in Wilkes Barrre;
Penn National in Dauphin County near Harrisburg;
Harrah's Philadelphia Racetrack in Philadelphia;
Parx Racing in Bensalem, Bucks County;
The Meadows in Meadow Lands, just north of Washington and
Presque Isle Downs in Erie.
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