Regulators probe executive pay at Woodbine

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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 gone to improving promotion of breeding and attracting more spectators and bettors.

Read full article here.

Karen Howlett & Renata D’aliesio – Globe and Mail – September 28, 2013.

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