It was originally named Keystone Racetrack, opened on November 4, 1974, in Bensalem, Pennsylvania. It replaced the Liberty Bell Park Racetrack in Northeast Philadelphia as the area’s Thoroughbred track. In 1984 when ITB purchased it, the racetrack race track was renamed Philadelphia Park with an additional new turf course and an innovative new way to wager called Phonebet.
In December 1990, the racetrack was again sold to another company called Greenwood Racing, Inc. Another feature was added, which is full card simulcasting and the six off-track locations called Turf Clubs. On September 27, 2006, the racetrack was allowed to construct a casino. Final approval of a permanent license came on December 20, 2006, and the following day the casino opened. Bally’s was chosen as the casino management system. The name of the casino – “Parx” – a modified spelling of the racetrack name – was unveiled following a fireworks display on July 4, 2009. Then on August 30, 2010, it was officially called Parx Racing and Casino.
It is located in Bensalem Township in Bucks County, northeast of Philadelphia, currently owned and operated by Greenwood Gaming and Entertainment, Inc.
The track has a 1 mile(1.6 km) dirt oval and a 7 furlong – .875 miles (1.408 km) – turf oval. Since it is a Racino, they also have 3,200 slot machines, 188 live table games, a poker room with 48 poker tables, live racing and simulcast action, sports betting, several dining options and bars, and the Xcite Center.
Parx also offers online gambling and online sports betting along with off-track betting at two locations.