Pennsylvania Governor Again Proposes Diverting Casino Revenue From Horse Racing Development Fund

For the second year in a row, Pennsylvania Gov. Tom Wolf has proposed diverting a large portion of casino revenue away from the state’s Horse Racing Development Fund, reports pennbets.com. Instead, the Governor wants to direct that funding toward tuition assistance at state-owned universities.

“The governor is proposing a $199 million plan to develop the Nellie Bly Tuition Program by repurposing existing dollars that are right now flowing into the Horse Racing Development Fund,” the governor’s office reported, a program which “will help thousands of young people graduate with less debt and start to build lives in our communities rather than struggling to pay student loan bills every month.”

Though Gov. Wolf did not directly address the proposal in his livestream message on Wednesday, it was present in the publicly-released budget materials. Last year, the Governor did address it in his annual budget proposal speech with the statement: “Let’s bet on our kids instead of bankrolling racehorse owners.”

The proposal appears unlikely to gain traction, since both the Pennsylvania House and Senate are controlled by Republicans representing rural parts of the state which would be most directly impacted by a cutback in horse racing.

Read more at pennbets.com.

The post Pennsylvania Governor Again Proposes Diverting Casino Revenue From Horse Racing Development Fund appeared first on Horse Racing News | Paulick Report.

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