Ticker
  • High Noon Rider wins the Better Talk Now as the longest shot on the board.Posted 1 day ago
  • It's all Stellar Wind in Del Mar's Torrey Pines.Posted 2 days ago
  • Lady Shipman both Smart and Fancy in winning another one at the Spa.Posted 2 days ago
  • Keen Ice shocks American Pharoah in the Travers.Posted 3 days ago
  • Flintshire flaunts his class in the Grade 1 Sword Dancer.Posted 3 days ago
  • Nothing but a walk in the park for Private Zone in the Grade 1 Forego.Posted 3 days ago
  • Runhappy runs them off their feet in the Grade 1 King's Bishop.Posted 3 days ago
  • Unbridled Forever storms to victory in the Grade 1 Ballerina.Posted 3 days ago
  • Sheer Drama makes her claim as the East's best mare with a Personal Ensign win.Posted 3 days ago
  • Lubash runs by King Kreesa to score in the West Point.Posted 4 days ago

Woodbine restructures operating model

The Woodbine Entertainment Group has announced a significant restructuring of its operating model in order to reduce costs and improve efficiency.

While WEG recently announced new transitional agreements with the Ontario government and the Ontario Lottery and Gaming Corporation, the revenue from those agreements will be significantly less than WEG earned through the slots-at-racetracks partnership which will expire March 31.

WEG's operating model, both on-track and off-track, will be realigned to better reflect the new agreements with government and the OLG and its recently announced reduced race schedules of 133 days (down from 156 last year) for the Thoroughred meeting and 183 days for Standardbreds (down from 211).

Internal operations are being downsized or amalgamated to align with these new financial realities.

  Read More

 

comments powered by Disqus

Top Stories