The Ontario horse racing industry has stepped up to make its case why horse racing shouldn't be cut out of the deal it make with the provincial government to agree to slots gaming at its facilities. Dave Briggs, editor of The Canadian Sportsman, made a case for racing in a Guelph, Ont., newspaper.
Briggs writes, "The first thing you need to know is Ontario’s horse racing industry does not get an annual “subsidy” of $345 million. Ontario’s Finance Minister Dwight Duncan wants you to believe taxpayers are on the hook for a direct injection of $345 million for racehorses.
"Instead, that money is a straight, fair business deal the horse racing industry made nearly 15 years ago in exchange for the province reaping billions of dollars in revenue quickly and easily by installing slot machines in pre-existing gambling facilities across the province.
"If the government wanted to install slot machines in your living room — or tear down your house to make way for a highway — you would expect to be well compensated, right? What’s different when it comes to putting slot machines in racetracks, the vast majority of which are privately owned?"
Click here to read his entire column.