Ticker
  • Bowies Hero (3-1) much the best in the Oceanside Stakes on opening day at Del Mar.Posted 1 day ago
  • Irap (7-5) romps home a big winner of the Indiana Derby.Posted 5 days ago
  • Eagle (5-2) rides the rail to victory in the Schaefer Memorial.Posted 5 days ago
  • West Coast (2-5) powers home nicely in the Los Alamitos Derby.Posted 5 days ago
  • Songbird (1-9) wins the Delaware Handicap by only a length.Posted 5 days ago
  • Disco Partner (7-5) runs away from his Forbidden Apple competition.Posted 5 days ago
  • Frostmourne (1-2) turns the Kent Stakes into his own private party.Posted 5 days ago
  • Harry Angel defeats Limato and Caravaggio in the Group 1 July Cup.Posted 5 days ago
  • European champion filly Minding has been retired from racing.Posted 7 days ago
  • Hawkbill (Kitten's Joy) scores in the Group 2 Princess of Wales's at Newmarket.Posted 7 days ago
Saratoga and Del Mar 2017

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