Salvatore DeBunda Elected President of Horsemen’s Association at Parx Racing

Attorney Salvatore M. DeBunda has been elected to a three-year term as President of the Pennsylvania Thoroughbred Horsemen’s Association (PTHA) by members of the statewide organization, which represents owners and trainers of horses that race at Parx Racing, formerly Philadelphia Park, and a part of Parx Racing and Casino in Bensalem, Pa.

Mr. DeBunda is co-Managing Partner of the Philadelphia office of Archer, P.C., one of the region’s largest law firms. A racehorse owner and breeder for more than 20 years, he has been a member of the Board of Directors and First Vice President of the 4,000-member PTHA for the last 15 years.

Mr. DeBunda was honored as PTHA Man of the Year in 2007 in recognition of his work as primary author of the horsemen’s section of Act 71, the Pennsylvania Race Horse Development and Gaming Act. The legislation allocates a percentage of casino slot machine revenue to support thoroughbred and harness racing in the Commonwealth. Revenues have funded larger purses, incentives for breeding Pennsylvania horses, a horsemen’s health care and pension fund, and $35 million in improvements to the stables and dormitories on the backstretch at Parx Racing. In addition, revenues have enabled PTHA to launch the nation’s first horse rescue program, Turning for Home. Now a national model, the program takes retired or injured horses and, through partnerships with nonprofit horse retirement programs around the country, finds new careers for them as pleasure, show or riding horses.

“Act 71 has spurred an historic revival in Pennsylvania horseracing,” said Mr. DeBunda, adding that the industry provides 23,000 direct and indirect jobs and contributes $1.6 billion to the state’s economy. “It was enacted in clear recognition of the significant contributions of the horseracing industry to Pennsylvania’s economic vitality.”

Mr. DeBunda’s diverse law practice spans a number of industries. He represents corporate, health care and media clients, as well as significant private and family-owned companies, nonprofit organizations, and certain horse ownership, racing interest and trade associations. His 40 years of experience include more than a decade as a corporate officer and general counsel for major cable television and communications firms. Mr. DeBunda is Executive Producer of Let’s Go Racing, a weekly show he co-founded in 1992 and which airs in the Delaware Valley on Comcast SportsNet cable television channel.

Archer, P.C., is a full-service law firm with more than 175 lawyers serving Fortune 100 clients, small to medium-sized businesses and individuals for more than 80 years. The firm has offices in Philadelphia, Pa., as well as in Haddonfield, Princeton and Flemington, N.J., New York City and Wilmington and Georgetown, Del. For more information, visit www.archerlaw.com.

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