News 'n Views as it relates to the Ontario Horse Racing Industry
SAVE THE HORSE Racing Industry: OLG Flyer
The new Ontario government has reached tentative transition funding agreements with Georgian Downs, Flamboro Downs and Fort Erie Race Track: Click Ontario Newsroom for full story
The latest step in ensuring race dates for the 2013 season.
It's all in the Numbers...and the Numbers speak the truth:
- ANNUAL PROVINCIAL GOVERNMENT REVENUES (75% SHARE OF REVENUE SHARING AGREEMENT) - $1.1 billion
- PERSONS EMPLOYED IN THE INDUSTRY - 60,000
- ANNUAL ECONOMIC SPIN-OFFS - $2.8 billion
- ANNUAL EXPENDITURES BY HORSE RACING AND BREEDING INDUSTRY ON WAGES, FEED, BOARD, PROPERTY TAXES, FUEL, EQUIPMENT, INSURANCE, ETC. - $2.1 billion
- ANNUAL INDUSTRY REVENUES (20% SHARE OF REVENUE SHARING AGREEMENT) - $345 million
- ANNUAL INDUSTRY RELATED EXPENDITURES BY HORSE OWNERS - $270 million
- AVERAGE RACING INDUSTRY ON FARM WAGE - $55,035
- AVERAGE RACING INDUSTRY RACE TRACK WAGE - $47,145
- NUMBER OF HORSES - 379,412
- NUMBER OF FACILITIES FOR TRAINING, BOARDING, RACING, COACHING, ETC. - 48,099
- PERCENT OF MARES BRED IN ONTARIO BY INTERNATIONAL STAKEHOLDERS - 37%
Source: The Economic Impacts of Horse Racing and Breeding in Ontario, 2010 as submitted to OHRIA by Economic Research Limited November 2011.
“What has taken lifetimes to develop and cultivate will be decimated by this government’s lack of knowledge regarding the issue at hand and the impact it will have,” says Graham. “My Ontario includes horse racing"
DOWNLOAD a copy of the OHRIA Economic Impact Study 2010 - Horse Racing in Ontario is a Significant Agricultural Industry and should be recognized as such
Ontario Horse Racing Industry OLG Slot Revenue Sharing Critical - slots at racetracks program is not a subsidy but a successful revenue sharing partnership...
DOWNLOAD a copy of the OLG Slots at Racetracks Fiscal 2010-11 - Performance Report showing Revenue to TRACK, Revenue to Horse People and Revenue to Municipality