Ontario is facing a $16 billion budget shortfall and its debt has doubled in the past eight years. The provincial government intends to make sweeping changes in its gaming policies to help staunch the flow of red ink. The Ontario Lottery and Gaming Corporation proposed plans (on March 12, 2012) to end the Slots at [...]
Entries Tagged as 'Horse Racing Business'
UPHEAVAL IN ONTARIO
April 2nd, 2012 · No Comments
Tags: Horse Racing Business
PROTECTING THE BREED BY FRED A. POPE
March 30th, 2012 · No Comments
This is a tough time for Oliver Wills. He can’t sleep. His annual review is approaching and he will be asked to grade his own job performance last year, then to present his plan for the next two to five years. Oliver Wills’ job is to protect the Thoroughbred breed in North America. Most people [...]
Tags: Horse Racing Business
RACING UNDER SIEGE IN 1912 AND 2012 NEW YORK
March 29th, 2012 · No Comments
The adage that history repeats itself appears to be true for horse racing in the United States. One hundred years ago, racing in the sport’s epicenter of New York was in retreat—in fact, shut down–owing to laws that banned gambling. In 1908, New York governor Charles Evans Hughes and the legislature instituted the Hart-Agnew bill that outlawed wagering. [...]
Tags: Horse Racing Business