The cancellation of Ontario’s Slots at Racetrack Program (SARP) has necessitated a lengthy and critical review of how the province’s vital horseracing industry might move forward to a future of profitable growth and true self-sustainability. This is, by no means, a simple task or one to be taken lightly. Patchwork “fixes” are not an option when an entire industry’s future is at stake. A real solution to a problem this complex, unfortunately, takes more than a few months to achieve.
In order to provide the time to affect a strategic, long term plan, the government of Ontario, as you know, has provided $500,000,000 over five years to help stabilize the industry in the interim. In the meantime, a group of key stakeholder organizations has been meeting regularly and collegially to envision, agree upon and provide ongoing support for such a plan.
Standardbred Canada – April 27, 2015.
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