May 25, 2013

WEG Expresses Shock And Disappointment In Toronto Council Decision Not To Support Expanded Gaming At Woodbine

Woodbine Entertainment Group (WEG) is disappointed with today’s (May 21) vote by Toronto City Council against expanded gaming at Woodbine, which threatens the province’s entire horse racing industry. Now, WEG is looking forward to working with the Premier, her staff, the Horse Racing Industry Transition Panel and the new Acting Chair of the OLG to seek a solution.

“We are shocked and disappointed by Toronto City Council’s actions, which have put thousands of jobs at risk. Despite the fact that a majority of Torontonians supported expanded gaming at Woodbine, council rejected an opportunity to protect 7500 existing jobs in Toronto and tens of thousands more throughout the province,” said Nick Eaves, President and CEO of WEG. “Now, with all those jobs in jeopardy, we need to get this right and look forward to continuing the dialogue with Premier Wynne to ensure they are not lost.”

Since the province’s cancellation of the Slots at Racetracks Program and throughout the Toronto casino debate, WEG has consistently warned that without the long-term, sustainable revenue offered by expansion of the existing gaming facility at Woodbine, its horse racing operations – and, by extension, the entire sector – would be at risk.

“Woodbine is vital to the horse racing industry and thousands of people in communities across Ontario whose livelihoods depend on it,” Eaves said. “We are deeply concerned that Council’s decision may open the door for a competing casino in a neighbouring municipality, which could be devastating to our operations, to our core business and to horse racing in Ontario.

“Premier Wynne, who is also the Minister of Agriculture, has indicated that horse racing will be part of Ontario’s new gaming strategy going forward. With this in mind, we want to work with her to ensure that horse racing and the 55,000 jobs it supports across this province have a viable, sustainable future.”

(WEG)

Double Draw Tuesdays For Weekend Cards, Rookie Qualifiers Set For Saturdays In June At Mohawk

With the Mohawk Summer Meet fast approaching, the Woodbine Entertainment Group would like to remind all horsepeople of the changes to the draw schedule starting May 21.

When standardbred racing returns to the Campbellville, Ont. oval on May 23, there will be a double draw held on Tuesdays for Friday and Saturday’s card. The entry box will close at 10:30 a.m. on draw days.

Additionally, Woodbine Entertainment Group would like to announce a change to two-year-old qualifying sessions.

Originally scheduled for Fridays, all freshmen qualifiers will now take place on Saturday mornings during the month of June, beginning at 10 a.m.

The box will close every Wednesday at 10:30 a.m.

 

Nick Eaves Addresses Toronto Star Editorial Board Regarding Casino

WEG’s CEO told The Toronto Star editorial board recently that if the May 21 vote by Toronto Council awards a new casino to any of the stated alternatives to downtown, both Woodbine and horse racing would be jeopardized.

Read the full story here.

Mohawk Qualifiers To Begin Wednesday, May 8

The Woodbine Entertainment Group’s schedule of live harness racing will move to Mohawk Racetrack on May 23, thus prompting changes to the qualifying and training schedule at the Campbellville oval.

Qualifiers will occur one day a week during the Mohawk meet on Wednesdays, beginning on May 8. Post Time will be scheduled for 10:00 a.m.

The final qualifying session at Woodbine will be Thursday, May 2.

Additionally, during the month of June, Mohawk will host two-year-old qualifiers on Fridays, beginning at 12:30 p.m.

The track will also be open for training on Tuesdays from 7 a.m. until noon and Wednesdays from 7 a.m. until 10 a.m. The oval will be available for training beginning on Tuesday, April 30. Horsemen will also be able to train before the night’s card, except for Fridays in June and major stake nights.

Any horses coming in to train on race nights or qualifying days will be asked to ship into either Barn 5 or Barn 8.

Jamie Martin On The Differences To Takeouts Between Breeds

Jamie Martin, Executive VP of Racing at Woodbine Entertainment Group, has confirmed that standardbred racing won’t be receiving the decrease in takeout on wagers that has been  announced for the thoroughbred sector. However he expects a recent bump in the guaranteed pool for the standardbred Pick-4 to $75,000 to incentivize handles for harness racing.

Martin said the two breeds require “different approaches to takeouts for the two breeds, mainly because of the competitive environment.”

Martin also confirmed that the Trakus service for additional charting information has been discontinued for standardbreds as a cost-cutting measure.

Read the complete story on Standardbred Canada here.

Horse Racing Shows Up And Is Heard At Toronto Casino Hearings

On Monday, April 15, the City of Toronto’s executive committee kicked off its marathon two-day hearing into the divisive casino expansion issue, which could ultimately lead to Woodbine Racetrack being upgraded to a full casino in the future.

As the proceedings took place inside Toronto City Hall, members of the Ontario horse-racing industry let their feelings be known outside, as a rally spearheaded by the Central Ontario Standardbred Association showed up with strong numbers.

Inside, Hall of Fame thoroughbred jockey Sandy Hawley addressed the committee, as did Woodbine Entertainment Group CEO Nick Eaves and COSA President Bill O’Donnell.

“I thank you for the opportunity to speak to you today on the importance of your support for a full casino at Woodbine Racetrack,” O’Donnell told the committee.

“On the horsepeople’s side of the racing industry, we’re are seeing participants such as owners, trainers and backstretch employees, suppliers, veterinarians, blacksmiths, tack shops — you name it — either leaving the industry or withdrawing their investment in Ontario,” he said. “Some people are moving out of the province to the United States where they have a better chance to earn a living in the racing industry. Other industry participants that have not been as fortunate to be able to relocate to other thriving American jurisdictions are now losing their homes and farms and will be facing bankruptcy in the near future, if not already.”

“The Ontario horse-racing industry needs a full casino at Woodbine,” O’Donnell said, adding that the province’s horse-racing future is still currently in jeopardy because there is no plan beyond the two-year transitional funding agreement which is currently in place on the WEG circuit.

“We have a secure anchor, with our gaming and racing operations, to move forward with our development opportunities. With the casino, we can move forward with an integrated entertainment complex,” Jane Holmes, WEG’s VP of corporate affairs, told the committee.

Holmes — who stated that Woodbine Racetrack has more than an ample amount of parking to accommodate gaming expansion — would not speculate as to what financial state Woodbine Racetrack would be in in five years if it does not land casino expansion.

“Five years is very hard to project out,” said Holmes, who did say that WEG is committed to its live racing product, regardless of whether or not it lands gaming expansion.

“One of the things is that we have, obviously, had discussions with many of the operators (casino gaming operators). We believe that we have the ability to bring in the skill set to operate it (a casino), but that is a decision of the province. We may have to partner with somebody. Our concern is that there is a sufficient revenue share that Woodbine can reinvest back into horse racing because that is our core business. So, for us, it is all about our core business and maintaining horse racing.”

(Standardbred Canada)

COSA and WEG Sponsoring Draw April 1st For World Harness Handicapping Challenge Representative

Central Ontario Standardbred Association (COSA) is pleased to announce that it is joining with Woodbine Entertainment Group to sponsor a local handicapper at the upcoming World Harness Handicapping Challenge at the Meadowlands Racetrack.

The contest winner will be drawn from ballots earned by March 31st through wagers via Horseplayer Interactive. Bettors will receive one ballot for each day that they wager at least $100 on Woodbine Standardbred Racing through HPI online, mobile, phone or in person with their card at Woodbine Racetrack until March 31st.

The draw will be held Monday, April 1st and will include travel, accommodations and a seat at the World Harness Handicapping Challenge at the Meadowlands Racetrack in New Jersey on Saturday, April 13, 2013. Cash prizes of up to $40,000 will be earned by the top 10 finishers in the Championship.

The WEG/COSA Contest details are available here on HorseplayerInteractive.com .

WEG Applauds Premier Wynne’s Announcement To Make Horse Racing Part Of OLG’s Gaming Strategy

Woodbine Entertainment Group (WEG) President and CEO Nick Eaves released the following statement in response to Premier Kathleen Wynne’s announcement today that her new government intends to integrate horse racing with the provincial gaming strategy to ensure future revenue streams for racetracks:

“WEG is very pleased that Premier Wynne has personally intervened to ensure that Ontario’s horse racing and breeding industry will have a sustainable future.

“The uncertainty of the last 12 months has been chaotic for our industry and has adversely impacted small businesses and communities across the entire province. The new Premier clearly understands the critical importance of a vibrant horse racing and breeding industry to the province’s economy. Her commitment to ensuring its sustainable future by reintegrating it with the province’s gaming strategy is meaningful and a welcome policy change at WEG.

“Woodbine and Mohawk racetracks, which WEG operates, have in reality been vital elements of the Province’s gaming strategy for the past 14 years. We look forward to continuing that partnership with the Province and its agency, Ontario Lottery and Gaming Corporation (OLG), to maximize revenue streams for both our industry and for the Province.

“WEG is proud to support Ontario’s horse racing and breeding industry, which is a significant contributor to the economic vitality of rural and urban Ontario. WEG’s business activities generate more than 7,500 jobs in its markets, and as the provider of the leading venues for horse racing in Ontario, WEG supports thousands more direct and indirect full-time jobs across the province and provides a total annual economic contribution in excess of $2 billion, including more than $780 million to the agricultural sector.

“A strengthened partnership between the Province and our industry will only enhance this contribution. WEG believes that a necessary element of building upon this partnership will be pursuing expanded gaming operations at Woodbine and Mohawk racetracks, operated by WEG.”

Stakes Payments For Major WEG Races Due Friday, March 15

Nominations for Woodbine Entertainment Group’s major stakes events, including the $1 million North America Cup, $700,000E Metro Pace, $700,000E Maple Leaf Trot and $600,000E Canadian Pacing Derby close Friday, March 15.

Also, three-year-old Ontario-sired fillies have a sustaining payment for the 2013 WEG SBOA stakes event.

Two-year-olds have sustaining payments due for the 2013 Champlain Open and Champlain Fillies, as well as sustaining payments to be eligible as three-year-olds to the 2014 Simcoe Open, Simcoe Fillies & SBOA.

Nominations can be made online through the link below. If sending nominations by mail, envelopes must be clearly post-marked no later than the said due date or payment will not be accepted. Registered mail is recommended.

To view all nomination forms, please click below.

http://www.woodbineentertainment.com/Woodbine/Horsepeople/Standardbred/Pages/StakesNominations.aspx

To view WEG’s Online Stakes Payments, please click below.

https://www.woodbineentertainment.com/Woodbine/Horsepeople/Standardbred/SBNominationForm.aspx

(WEG)

 

Mohawk’s Racing Schedule to Begin May 23rd

Woodbine Entertainment Group (WEG) has announced the live Standardbred racing schedule for Mohawk’s 2013 84-night meet.

Harness racing at the Campbellville track will commence on Thursday, May 23 and be offered Thursday, Friday, Saturday and Monday nights until Monday, October 14, pending Ontario Racing Commission (ORC) approval.

First race post-time for each card is set for 7:25 p.m., except for the 7:05 p.m. post set for the 30th Pepsi North America Cup program on Saturday, June 15.

Other highlights include the Maple Leaf Trot on Saturday, July 20, the Metro Pace/Canadian Pacing Derby card on Saturday, August 31 and the Canadian Trotting Classic on Saturday, September 14.

Woodbine’s current Winter/Spring Standardbred season will continue on a four-day-a-week schedule (Thursday, Friday, Saturday and Monday nights; post-time 7:25pm) until Monday, May 20, pending ORC approval.

WEG also released its full 2013 live Thoroughbred racing schedule for Woodbine Racetrack, including the date for the 154th edition of the Queen’s Plate.

The Queen’s Plate, first jewel in Canada’s Triple Crown of Racing, will be run on Sunday, July 7 this year.

Live Thoroughbred racing at the Toronto oval will be offered over 133 dates, from Saturday, April 20 to Sunday, December 15, pending Ontario Racing Commission approval.

Racing is scheduled for 1:00pm every Friday, Saturday, Sunday and Holiday Monday (May 20, July 1, August 5, September 2, October 14) for the entire meet.

Wednesday night racing will begin on June 5 and be conducted throughout the season, except July 3, August 7, September 4 and October 16 (the Wednesdays after the Holiday Monday) and have a post time of 6:45 p.m.

(WEG)