Thursday, April 22, 2010

Horserace Winnings Up

The Pennsylvania Gaming Control Board says racetracks around the state paid out more than $195 million in purses last year. That's up $62 million from the winnings paid out in 2006.

Racetrack gaming director Melinda Tucker says that's a positive, as money from purses tends to be injected back into the state's economy.

But while winnings are on the rise, betting is declining, dropping $241 million since 2006. Some regulators say that a down economy is to blame.

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