October 14, 2013 - Horse Racing Industry Transition Panel Report
Read about the Horse Racing Industry Transition Panel Report - Building a Sustainable Future Together: Ontario's Five-Year Horse Racing Partnership.
Please see the OMAFRA Report by clicking this link.
October 1, 2013 - Regulators probe executive pay at Woodbine
Gambling regulators in Ontario are investigating executive compensation and governance practices at Woodbine Entertainment Group, the province’s largest racetrack and slot-machine operator.
The Alcohol and Gaming Commission of Ontario launched the probe in April, 2012, after receiving a complaint about lucrative pay for Woodbine’s top executives – money that many in the horse-racing industry say should have ..
October 1, 2013 - OLG began review of racetracks’ spending of slot revenues in 2010
Ontario’s gambling agency launched a review of Woodbine Entertainment Group and other racetrack operators in 2010, demanding that they provide proof of how billions of dollars from government-owned slot machines had improved the horse-racing industry, reveals a letter obtained by The Globe and Mail.
Paul Godfrey, then six months into his post as chairman of the Ontario Lottery and Gaming Corp., wanted to introdu..
October 1, 2013 - Ontario's new horse-racing deal will be more accountable, panellist says
A member of a panel of former cabinet ministers drafting a new funding deal for Ontario’s horse-racing industry says the five-year plan will introduce greater transparency and accountability for public dollars.
John Snobelen, one of three members appointed by the Ontario government to the Horse Racing Transition Panel, met with officials from the Ministry of Agriculture and Food on Monday to discuss the panel’..
September 30th 2013 - Liberals face scrutiny on Woodbine compensation, end of Slots-at-Racetracks
(Queen’s Park) – The Liberal government faced harsh scrutiny today in response to questions about executive compensation and governance practices at Woodbine Entertainment Group, the province’s largest racetrack and slot-machine operator.
Reports of bonuses totalling $51 million over 12 years and the CEO’s earnings of just over a million dollars last year were among the issues that Perth-Wellingt..