ORC's 'Conceptual Framework To A Solution'

The Ontario Racing Commission has released the most recent issue of its Integrity Matters newsletter, and one of the aspects of it is a piece entitled 'Seeking A New Model for Racing: The Conceptual Framework to a Solution.'

“In order to have a clear definition and a framework to measure all new ideas and concepts, we developed a statement of Founding Principles,” ORC Executive Director John Blakney was quoted as saying in the newsletter.

The initial founding principles are listed below.

• 1. Enhance live racing and provide benefit to the agricultural sector in Ontario.
• 2. Provide a fair return on investment over the short term while protecting value for owners and communities over the long term.
• 3. Provide customer-focused, competitive racing by recognizing both supply and demand.
• 4. Take a self-sustaining approach, using funds raised through public policy to enhance this self sustaining economic model for horse racing.
• 5. Encourage and provide incentives for live racing.
• 6. Be simple and objective.

To view the latest edition of Integrity Matters, click here.

(With files from the ORC)