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ORC Rules On GCGC Appeal

Published: March 22, 2011 11:28 am ET

Last Comment: March 22, 2011 5:30 pm ET | 3 Comment(s) | Jump to Comments

The Ontario Horse Racing Commission has released its ruling in regard to the appeal of the Great Canadian Gaming Corporation. The track operator's appeal was in regard to the terms and conditions of its Licence to Operate a Racetrack, in this case Flamboro Downs and Georgian Downs.

Specifically, the GCGC was appealing the following terms and conditions:

Flamboro Downs

  • 16) The association will cooperate with a financial examination of the company, its parent company and any of its associated or related companies for the purpose of determining or evaluating the financial condition of the association.

Georgian Downs

  • 17) The association will cooperate with a financial examination of the company, its parent company and any of its associated or related companies for the purpose of determining or evaluating the financial condition of the association.

The ORC has denied the GCGC appeal.

The full explanation of the situation can be read in the official ORC release, which can be viewed here.

(With files from the ORC)

March 22, 2011 - 5:30 pmI think that Great Canadian

Tim Bates SAID...

I think that Great Canadian Gaming has another option. If they truely cannot operate these two facilities profitably, SELL!

I am certain that there are other people / companies that can operate profitably, such as was the case prior to their purchase.

Maybe the horsmen could take over the businesses and operate as a Co-op.

March 22, 2011 - 4:17 pmSame here in bc. Nobody wins

Same here in bc. Nobody wins any appeals!

March 22, 2011 - 1:15 pmDon Patrick Surprise

Don Patrick SAID...

Don Patrick

Surprise surprise. Once again, you get to appeal to the very same people who denied your original request. And they ruled in favour of themselves.

When will Ontario racing ever give their people some actual due process?


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