March 29, 2017

Today: OR To Hold Info Session And Release Letter Of Intent

February 6, 2017 – Ontario Racing has issued an invitation for participation in a long-term funding information session. The session will take place this Friday (February 10) and will include the public unveiling of the nonbinding legal document which underpins the proposed long-term funding agreement for horse racing in Ontario.

The contents of the OR release appear below.


Ontario Racing Invites You To Participate In A Long-Term Funding Information Session

As part of Ontario Racing’s long term funding industry consultations, we heard from industry participants that increased transparency and information disclosure was important and needed.

In response to industry requests, Ontario Racing has worked with our partners at Ontario Lottery and Gaming (OLG) and the provincial government to release the nonbinding legal document which underpins the proposed long term funding agreement for horseracing in Ontario.

This Letter of Intent (LOI) will be released publicly on Friday, February 10, 2017, and an overview of this document will be provided via a webinar at 2 p.m. Ontario Racing will facilitate this conversation, and legal counsel from OLG and the Woodbine Entertainment Group (WEG) will be on hand to provide a detailed explanation of this agreement to interested industry participants.

You can register for the webinar here. We look forward to your participation.

(SC)


What: Long-term funding information session – Letter of Intent
Date: Friday, February 10, 2017
Time: 2 p.m. EST
Registration: via gotowebinar

Ontario Racing Webinar Info Posted

October 19, 2016 – The information presented by Ontario Racing in its webinar regarding the proposed long-term funding framework for horse racing in the province is now available.

The slides from the webinar are presented below, or available here.

This framework, subject to government approval, will be presented to the industry for feedback. If approved, this framework will provide the industry as a whole – from owners, trainers and breeders to racetrack operators – with the certainty they need to make investments in their businesses.

OR’s primary objective, to this point, has been to engage directly with the Ontario Lottery and Gaming Corporation and the government to provide input to the development of a roadmap to sustainable funding for the industry. Now, OR’s focus will shift towards engagement with the industry as a whole to garner feedback on this proposed framework.

This proposed framework is based on key principles including:

  • A new racetrack alliance: all Ontario racetracks that conduct live racing will be invited to create a new alliance. It is proposed that Woodbine Entertainment Group (WEG) will serve as the administrator of this new alliance.
  • Longer-term, predictable funding: Ontario’s horseracing industry can invest in their businesses beyond 2021.
  • Ongoing accountability and transparency: decision-making based on evidence and agreed upon success indicators.
  • Industry leadership: racetrack business plans, race dates, purse levels will be aligned across racetracks for a coordinated approach. Ontario Racing will play a key industry leadership role in the future.

Next steps include widespread ‘in person’ conversations with the industry about these principles, across Ontario. Sessions will take place in every region of the province that has horse racing, starting next week and taking place throughout the month of November. (dates subject to change)

  • Monday, October 31 – 2:00 p.m. – 4:00 p.m. – Toronto (Holiday Inn – Toronto International Airport)
  • Tuesday, November 1 – 2:00 p.m. – 4:00 p.m. – Hamilton (Flamboro Downs)
  • Wednesday, November 9 – 5:00 p.m. – 7:00 p.m. – (Hiawatha Horse Park)
  • Sunday, November 13 – 2:00 p.m. – 4:00 p.m. – London (Western Fair Raceway)
  • Wednesday, November 16 – 5:00 p.m. – 7:00 p.m. – Ottawa (Rideau Carleton Raceway)
  • Saturday, November 19 – 1:00 p.m. – 3:00 p.m. – Port Perry (Location TBD)
  • Tuesday, November 22 – 2:00 p.m. – 4:00 p.m. – Milton (Gambrel Barn, Country Heritage Park)

Industry participants can also provide feedback by answering consultation questions online on the Ontario Racing website.

Ontario Racing will collate feedback from the industry, and this perspective will inform recommendations to government.

(with files from Ontario Racing)

(Standardbred Canada)

COSA to Host Information Update Meeting on Monday, March 12 at Woodbine Racetrack

Central Ontario Standardbred Association (COSA) has scheduled an Information Meeting for all horsepeople on Monday, March 12, at Woodbine.

Attendees will be updated on the horse racing industry’s progress regarding the recommendations of the Drummond Report.

The meeting will take place at 6pm in Woodbine Racetrack’s Paddock Cafeteria.