Pennsylvania horse racing’s economic benefits

Since the inception of the Pennsylvania Race Horse Development Fund in 2004, Pennsylvania’s horse racing industry has steadily been improving, bringing more revenue into the state, which in turn creates more jobs, helps to relieve property taxes, supports Pennsylvania agriculture, and has a positive impact on the state’s hospitality and tourism industry.

A number of different studies have examined the impact of horse racing and breeding on Pennsylvania’s economy and employment. Because these studies were conducted at different times, used different methodologies, relied on varying sources for their underlying data, and used different economic multipliers, there are differences in their results. However, one thing is clear: the significance of the impact that Pennsylvania’s horse racing and breeding industry have on the state’s economy and employment opportunities for Commonwealth residents cannot be denied.

For example, different economic studies show that horse racing and breeding delivers an economic impact that ranges from $721.5 million to $1.6 billion annually while providing between 16,000 and 23,000 jobs in the Keystone State. In addition, horse racing and breeding result in $68.8 million in tax revenue in Pennsylvania.

In addition to the economic benefits that are directly related to the sport, horse racing and breeding is also a significant contributor to the state’s larger agricultural economy. More specifically, horse owners and breeders serve as the major customers for grain, hay, and straw farmers. Many of these grain, hay, and straw farmers rely on horse owners to remain in business  — and maintain agriculturally productive open space. In addition, the equine industry is also responsible for protecting 18 percent of the total acres set aside in Pennsylvania’s agricultural preservation program.

  • This field is for validation purposes and should be left unchanged.

Join us for a Wager Warriors Facebook Live on Wednesday evening at 6:30pm!

We'll have jockey Andrew Wolfsont and driver Shawn Johnston on to talk about the differences and similarities in their jobs.
...

Enjoying the 2022 foal cams? Above the foal cams, there is an "Ask a Question" button for you to ask us any questions you have regarding the foal cams. Check it out here: https://pennhorseracing.com/foalcams/ ...

A horse in the classroom? Don’t worry, it’s virtual. Share this with an elementary school teacher, or click the link in our bio to learn more about taking a virtual field trip to Blackstone Farm.

#horses #foal #horseracing #PHRA #PAHorseRacing
...

What is your favorite beer can?
#beercanappreciationday🍻
...

Make sure you give all your love ones hugs today for #nationalhuggingday! Don't forget about the horses too! ...

In 1988 Firm Tribute and Mark O'Mara captured the Breeders Crown 3CT at The Meadows. Watch the full ESPN broadcast here: https://www.youtube.com/watch?v=Vqe6KQeTLT8
#TBT #throwbackthursday
...

Wanna see some baby horses? 🐴 Of course you do! Hit the link in our bio and tune in to our Foal Cams, coming to you live from Blackstone Farm. #PAFoalWatch #horses #foal #horseracing #PHRA #PAHorseRacing ...

Congratulations to the winners of our #nationalhatday give-a-way! Make sure to email your shipping address to whataride@pennhorseracing.com. ...

Looking for some Smarty Jones gear? Check out Old Smoke Clothing to see what shirts PHRA has with Old Smoke! #MondayOutfit
https://oldsmokeclothing.com/pa-racing/
...

Today is #nationalhatday so we are giving away 5 hats from the 2021 PA Derby! Check out this link to enter https://pennhorseracing.com/stories/national-game-puzzle-week/ ...

Menu