Heartbeat of Ontario Horse Racing: Anthony MacDonald

In light of the recent announcement from the Ontario Lottery and Gaming Corporation, that it plans to end the province-wide Slots at Racetracks program in March 2013, a series of videos were created to illustrate the wide range of people who will be dramatically affected by this decision. Horseman Anthony MacDonald of Guelph, Ont. is like many of the more than 60000 people involved directly or indirectly with horse racing in Ontario, individuals that make up the heartbeat of Ontario's vital and valuable industry. Finance Minister Dwight Duncan has been falsely referring to the Ontario Lottery and Gaming Slots at Racetrack revenue sharing program as a subsidy. His claim is that the Government has been providing a $345 million annual subsidy to Ontario's Horse Racing Industry. In a recent fundraising email to supporters, the Ontario Liberal Party suggested that they are "choosing to support our youngest learners over wealthy race track owners". According to OLG's financial statements, the Government of Ontario is receiving $1.1 billion per year from the Slots at Racetracks Program. The horse racing industry, which has made space available to OLG slots and allowed competition between the slots and horse racing at their facilities, receives only 20% of the revenue from the slots. The Government walks away with 75% of the slots revenue and host municipalities receive 5%. Both NDP Leader Andrea Horwath (ow.ly and PC Leader Tim Hudak (ow.ly have blasted the Liberals and this ...

 

Tags: Ontario, Horse Racing, Horses, Breeding, harness racing, OLG, thoroughbred, standardbred, quarter horse, Liberal, Dwight Duncan, Andrea Horwath, Tim Hudak, farmer, farming, agriculture, casino, gambling, bet, Dalton mcguinty, jobs, employment, racetrack,

 



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