The
Quarter Racing Owners of Ontario Inc. board of directors request that its horsepeople plan to attend the next Ontario Racing consultation meeting in Port Perry on Saturday, November 19.
The meeting will be held at Golfer’s Dream Golf Club at 1000 Second Line Scugog from 1 p.m. to 3 p.m.
Ontario Racing (OR), the new industry association for horse racing in Ontario, will present framework regarding a proposed longer-term funding and agreement for the industry beyond 2021. 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 horse-racing 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.
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