view counter
 
view counter
 
 

BC Extends Funding...For Now

Published: January 17, 2014 2:15 pm ET

No Comments | Jump to Comments

British Columbia Horse Racing Industry Management Committee Chair Doug Scott stated this week that, on an interim basis, the provincial industry will continue to use the income-sharing arrangements that have been in place since 2012 until a more permanent solution can be achieved.

As explained by Tom Wolski in an article for The Province, Scott’s announcement has come via an industry memo.

The memo also states that representatives from the Great Canadian Gaming Corp. and BC’s standardbred and thoroughbred sector have been working for the past several months to develop an income-sharing arrangement for 2014 that all parties agree on.

The contents of Scott’s memo appear below.


The BC Horse Racing Industry Management Committee has worked over the last several months with the three primary industry participants – Great Canadian Gaming Corp. (track operator), the Thoroughbred sector and the Standardbred sector – to achieve an income-sharing arrangement for 2014 and beyond that all parties can endorse. To date, no agreement has been reached.

The Committee has decided that until a more permanent solution can be achieved, and on an interim basis only, the industry will continue to use the income-sharing arrangements that have been in place since 2012.

An earlier decision announced by the Committee in December established a conditional schedule of 34 Standardbred racing days at Fraser Downs racetrack from January through April 2014, with further racedays later in 2014 to be determined.

The Committee is unable at this time to specify the number of racing days for the 2014 Thoroughbred season at Hastings Racecourse until income-sharing discussions among all parties, including the provincial government, have been concluded. Those discussions are continuing.

Further information about particulars of the 2014 racing schedules will be released when available.



view counter
 
 
 

© 2019 Standardbred Canada. All rights reserved. Use of this site signifies your agreement and compliance with the legal disclaimer and privacy policy.

Firefox 3 Best with IE 7 Built with Drupal