Century Downs Sparks a New Beginning
Thoroughbred racing and breeding has been a part of the Alberta scene for more than 125 years. Inevitably, over the decades there have been ups and downs in the life cycle. But as Canada celebrates the 250th anniversary of horse racing in the country in 2017, the cycle in the province seems to be moving upward once again. Many on the provincial scene points to the signing of a new agreement between Horse Racing Alberta (HRA) and the Government of Alberta in March of 2016 as the catalyst for a renewed business model for horse racing in the province. “Thoroughbred racing returning to the Calgary area was brought about by the 10-year funding agreement and the confidence and long-term sustainability that agreement brought to the industry,” said HRA chief executive officer Shirley McLellan. “It’s the same confidence that led to a $50 million investment decision by Century Casinos to build…
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