Canadian Thoroughbred Exclusives
Government to Review Manitoba Horse Racing Industry
An external review of the Manitoba horse racing industry focused on identifying new opportunities and sustainability could offer a chance at newfound growth
By: Keith McCalmont |
A full operational external review of the Manitoba horse racing industry set to be conducted in March of 2018 focused on identifying new opportunities for growth and long-term sustainability. The industry has faced financial challenges in the province in the past and the review would look at stakeholders, investors, alternative models, economic impact, governance and risk analysis, among other considerations, with the goal of providing a detailed recommendation for a financially sustainable model.
“Our expectation is that the study will continue to clearly show that economic contributions to the provincial economy from racing are very significant,” stated Darren Dunn, CEO of Assiniboia Downs, in this Canadian Thoroughbred article. “We believe that the primary opportunity for growth lies in developing a more integrated relationship, through gaming products and sponsorship, with the provincial crown corporation, Manitoba Liquor & Lotteries.” In 2018, a lucrative stakes schedule was set to offer 32 added-money events, providing quality races for bettors and horsepeople.