DECEMBER 2020 THE RIDER /13 Woodbine Entertainment
and Canadian Horse Racing Industry Support Legalization of Sports Betting
November 26, 2020 By Woodbine Communications
Woodbine Entertainment & Canadian Horse Racing Indus- try Support Legalization of Sports Betting TORONTO, ON – Tuesday, November 26, 2020 – In re- sponse to the Federal Government introducing a Bill that proposes to legalize single event sports wagering in Canada, Woodbine Entertainment would like to congratulate the Government of Canada for considering the potential im- pacts to the horse racing industry. While the proposed Bill to Amend the Criminal Code
would permit single event sports betting on most sports, Woodbine Entertainment is pleased that under the new pro- posed legislation, fixed odds wagering will not be permitted on horse racing.
Mr. Will Wong photo
also offering a solution that would ensure any profits derived from sports betting re- main in our economy.” Operating without share capital,
Woodbine Entertainment’s sole mission as an organization is to sustain the On- tario horse racing industry and the tens of thousands of jobs it supports.
“On behalf of the entire horse racing industry and the
more than 50,000 jobs it represents throughout Canada, I would like to congratulate the Government of Canada and Minister Lametti for clearly considering the interests of horse racing as related to the potential legalization of single event sports wagering,” said Jim Lawson, CEO, Woodbine Entertainment. “We look forward to continuing to represent the views
of the horse racing industry throughout the legislative process in the House of Commons and the Senate of Canada to ensure that our role continues to be supported and strengthened where possible,” said Lawson. “This includes collaborating with the Federal and Provincial Government in future discussions regarding the impacts sports betting may have on horse racing while looking to enhance oppor- tunities that would benefit the industry and the tens of thou- sands of people it employs.” Woodbine Entertainment also offered its support for the
legalization of fixed odds single event sports betting so long as it is provided an opportunity to be involved in a mean- ingful way. “For many decades, Woodbine Entertainment has
legally operated single event wagering through a pari- mutuel model, earning the trust of bettors and government agencies, while developing safe and secure technologies that could also benefit single event sports wagering,” said Lawson. “Throughout our future discussions with govern- ment authorities, we look forward to demonstrating how we can play a meaningful role in the execution of the legaliza- tion of sports betting that leverages our industry-leading ex- perience and technology in single event wagering, while
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