The Ontario government has signed agreements for transition funding with 12 racetracks for the 2013-2014 racing season. This funding is intended to bridge the gap between revenue lost by the ending of the Slots-At-Racetrack Program and operating costs while the industry transitions.
2013-2014
Woodbine Entertainment Group, on behalf of Woodbine and Mohawk Racetracks – $ 38,000,000
Western Fair – $ 3,250,000
Clinton – $ 525,000
Grand River – $ 1,269,500
Hanover – $ 450,000
Kawartha – $ 460,000
Sudbury – $ 320,000
Flamboro Downs – $ 3,600,000
Georgian Downs – $ 776,000
Hiawatha – $ 440,000
Fort Erie – $ 5,500,000
The Ontario government states that it is committed to working with the sector to develop a sustainable future for horse racing industry, guided by the report of the Horse Racing Industry Transition Panel.