Ontario has asked the Horse Racing Industry Transition Panel to bring forward a long-term plan to implement recommendations from its final report.
As transition funding negotiations with track operators are now substantially complete, the province has asked the panel for a plan that sets a clear path forward on:
• modernizing the governance and regulation of the horse racing industry
• growing the fan base and providing more wagering options
• providing ongoing government support
• ensuring animal welfare
A draft plan for consultation is due in June 2013, with a final plan to be completed by October 2013.
The panel will work with industry partners, the Ministry of Finance and the Ontario Lottery and Gaming Corporation on integrating horse racing with the province’s gaming strategy to offer new gaming products and generate additional revenue.
“Significant strides have been made over the past months to ensure there is horse racing in Ontario for this year and beyond. The panel looks forward to continuing our work with the government and the horse racing industry to ensure a sustainable future for the industry,” said John Snobelen member of the Horse Racing Industry Transition Panel.
The new Ontario government is committed to supporting a sustainable racing industry as part of its plan to create jobs and help people with their everyday lives.
“I know how important this industry is to communities across Ontario and I am confident that the expertise and guidance of this panel will help the horse racing industry move toward a bright, sustainable future,” said Kathleen Wynne, Premier and Minister of Agriculture and Food.
Quick Facts
• The Final Report of the Horse Racing Industry Transition Panel has been re-released with details regarding the recommended government investment included.
• The Ontario Racing Commission has issued the 2013 Racing Calendar, with race dates for 15 tracks, including Woodbine, Mohawk, Hanover, Western Fair, Clinton, Grand River, Flamboro, Georgian Downs, Fort Erie, Kawartha, Sudbury, Hiawatha, Dresden, Ajax and Rideau Carleton.
• Up to $30 million will be used to develop the Standardbred and Thoroughbred components of the Horse Improvement Program.
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