ORC Orders Purse Redirection

Published: October 26, 2013 04:52 pm EDT

On October 25, 2013 the Ontario Racing Commission (ORC) issued a Notice of Order to Great Canadian Gaming Corporation (GCGC) to redirect a total of $566,400 in purse monies from Georgian Downs Ltd. (Georgian) for race dates at The Raceway at Western Fair District (Western) and Grand River Raceway (Grand River).

It was determined and communicated in the September 3, 2013 Notice to the Industry that the cancellation of eight Georgian race dates necessitated additional race dates at Western and Grand River. The additional nine race dates that were approved required more purse funds then either Western or Grand River were forecasted to have available in their purse accounts.

In the September 3, 2013 Notice to the Industry, the Director gave notice that the Administration of the ORC would work with Western and Grand River management to ensure that adequate purse funds were available for these additional nine Signature race dates. The actual purses paid on the five additional race dates at Western was $328,600, while the actual purses paid on the additional four race dates at Grand River was $237,800.

For more information, please see the Background document attached.

Please be advised that any aggrieved party has the right to appeal the Director’s decision to the Commission.

(ORC)

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