It has been announced that Isle Casino Racing Pompano Park and the Florida Standardbred Breeders and Owners Association have signed a letter of intent outlining terms of a three-year deal, pending execution by both parties of a final definitive agreement.
Pompano has announced that, pursuant to the letter of intent, the agreement would be effective immediately and extend through the 2016-2017 racing season. The definitive agreement would also extend Isle Casino Racing Pompano Park’s current season of 126 racing days through June 27, 2015.
According to Brett Revington, Isle’s director of racing, “Under the terms outlined in the letter of intent, projections indicate that purses should average $75,000 per racing program during the peak of the season – January through March – with total purses estimated at $8.5 million representing a nearly 20 per cent increase over purses from last season.”
“We expect TVG to begin racing coverage at the Isle on Mondays beginning November 3, with additional coverage at three days per week during the peak season,” Revington added.
Revington went on to say that "the proposed new agreement gives both Isle and FSBOA the opportunity to make harness racing the best it can be here in south Florida.”
Additionally, as part of the proposed new agreement, a new marketing committee consisting of parties from both the Isle and FSBOA will be formed to attract new racing patrons and enhance the racing experience for guests.
(With files from Pompano)