OHRIA responds to ending slots at tracks
March 12, 2012
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The president of the Ontario Horse Racing Industry Association (OHRIA) is warning that the government's announcement Monday morning to cancel the slots at the racetrack program will be costly. The OHRIA press release follows.
Ontario's horse racing industry employs over 60,000 Ontarians, supports rural Ontario economies by spending more than $2 billion a year, and generates $1.1 billion per year in slot machine profits for the Government of Ontario.
"We find it deeply irresponsible that the Minister of Finance plans to throw 60,000 Ontarians out of work and add $1.1 billion dollars a year to Ontario's deficit. That is just what he will do if the OLG Slots at Racetrack Program is cancelled," said Sue Leslie, President of OHRIA.
The OLG Slots at Racetrack Program is the most profitable form of gaming for the Province, generating more profit than casinos and lottery tickets combined.
"It makes absolutely no sense for the Government to continue to push less profitable forms of gaming, when over the last 14 years the horse racing industry has proven to be it's best partner. Tearing up that $1.1 billion dollars in profit for the government to chase what will become a highly controversial and less profitable vision, just isn't responsible," added Leslie.
The Ontario Horse Racing Industry Association has launched value4money.ca to encourage Ontarians to write MPPs in support of the Slots at Racetrack Program.