Breeder Awards Case Study: Ontario
A part of the Ontario Horse Improvement Program, TIP was designed to provide a variety of incentives for breeders and owners with the primary goal of increasing the quality and value of Ontario-bred racehorses. Funding for the program has changed dramatically over the years. Originally a percentage of the wagered dollar was provided by the government. During the era of the SlotsAt-Racetrack-Program (SARP) additional funds were channeled to the breeders who saw the program peak at $22 million in 2007. Such funding resulted in a booming industry that was the envy of North America. In fact, the program has since been copied by many areas across the continent – including Maryland, Pennsylvania, and New York - that now boast thriving racing and breeding industries. Since the announcement of the cancellation of SARP in 2012, the TIP program is now largely funded by a 3 percent levy (split evenly between Standardbreds…
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