On Tuesday, December 2, Century Casinos, Inc. announced that a 75 per-cent-owned subsidiary has been selected by Horse Racing Alberta to operate the pari-mutuel off-track horse betting network in southern Alberta starting in 2015.
A release on the situation by Century Casinos states that HRA had invited applicants to submit their proposals to operate the off-track betting network in Alberta. After a thorough selection process, Century Casinos, together with its 25 per cent partner with long-standing off-track betting network experience, was awarded the license to operate the off-track betting network in southern Alberta, which includes Red Deer, Calgary, Lethbridge, Medicine Hat and the rural OTBs in this area.
The release also states that HRA awarded a second license to Northlands Park in Edmonton, which will run the OTB network in northern Alberta.
"This license will enable us to professionally develop and operate off-track betting offerings throughout southern Alberta," Erwin Haitzmann and Peter Hoetzinger, the company's co-CEOs, were quoted as saying in a joint statement. "It is an exciting time in the pari-mutuel industry with various new technologies that will assist in growing and servicing the Alberta off-track betting network."
(With files from Century Casinos)