If Casino Stays Closed, Penn Racing to Hinge on Break-Even Handle

The Pennsylvania Horsemen’s Benevolent and Protective Association (PHBPA) met with the management of Penn National Dec. 28 to come up with a contingency plan to keep racing going through January using purse money already “on deposit” in the event that Governor Tom Wolf’s COVID-19-related closure of Penn’s Hollywood Casino extends past the currently mandated Jan. 4. date.

“Penn National has agreed to continue live racing through [January], provided the handle generates a break-even scenario for the company,” Todd Mostoller, the PHBPA’s executive director, wrote in a one-page memo to members issued Tuesday afternoon. “This is estimated to be a handle of roughly $1.4 million per night.”

Mostoller wrote that the PHBPA and Penn “are confident that we can achieve that handle level. Should we be unable to do so, however, Penn National management will likely wish to temporarily shut down racing.”

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Presque Isle Downs Announces 20 Percent Purse Increase Across The Board

Presque Isle Downs, in conjunction with the Pennsylvania Horsemen's Benevolent and Protective Association, is pleased to announce a 20 percent across the board increase for all purses. This is effective with the races to be run Monday, Sept. 28 – for which entries will be taken today.

“This has been a challenging meet, to say the least,” said Todd Mostoller, Executive Director of the Pennsylvania HBPA. “But, the cooperation from every segment of the Presque Isle community, from the Churchill Downs management team, particularly Matt Ennis, the Director of Racing, to the owners and trainers, to the incredibly-devoted backstretch workers who care for these horses, has been nothing short of remarkable.

“The pandemic has forced everyone in racing to be creative, and to be resourceful,” Mostoller added. “There's no better example of that than what continues to take place every day at Presque Isle Downs. This purse increase is a great way to say thanks to our great horsemen who stepped up big-time to support this meet.”

Racing at Presque Isle Downs will continue, Mondays through Thursdays, through Oct. 22, with a 4:45 pm first post.

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