Update: Woodbine Suspends April Stakes Payments
Due to impact of the COVID-19 pandemic, Woodbine Entertainment has made the decision to suspend the upcoming April 15, 2020 Standardbred stakes payments. The suspension of payments is for all Woodbine-administrated stakes events, which includes Flamboro Downs' Confederation Cup and Grand River Raceway's Battle of Waterloo and Battle of the Belles.
“It’s important for us to recognize the challenges facing everyone in the horse business at this time, and we want to help where we can,” said Jim Lawson, CEO of Woodbine Entertainment. “We want to thank all of the owners that have staked their horses for 2020.”
Woodbine will reevaluate all stakes purses and sustaining payments in May.
(With files from Woodbine Entertainment)
VERY good move, Woodbine.
VERY good move, Woodbine. Thousands of horsemen thank you.
Congratulations you got this
Congratulations you got this one right, as of this Thursday night we will be sitting on over a million dollars in purse money that should have been already paid out. This money was forwarded to the industry to help, so as long as we sit on this money, it will be inevitable that we will find ourselves back in 2012 in the same boat.