David Willmot

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Willmot to Step Down as Woodbine CEO in 2010

Woodbine Entertainment Group, which operates Woodbine Racetrack, announced that David S. Willmot plans to leave the post of CEO, effective with the board of directors next meeting June 4, 2010. Willmot announced his intentions during the WEG directors meeting Dec. 4.

Woodbine to Install Polytrack in July

Officials at Woodbine Entertainment Group announced March 28 that the Ontario-based racing and entertainment company will install a Polytrack surface on its one-mile main dirt track at Woodbine. Construction is to begin in early July.

Woodbine to Sell Hastings Park

Hastings Park is for sale. The Vancouver racetrack that was purchased by Woodbine Entertainment Group in 2002 apparently isn't performing as well as its parent company had hoped, even though attendance and wagering have increased since it changed hands.

Report: Woodbine Interested in Meadowlands

  • News

Woodbine Entertainment Group, which operates Thoroughbred and Standardbred meets, is considering a purchase or lease of Meadowlands, another dual-breed facility, according to a published report.

Trickle Down Economics

By Ray Paulick -- At Woodbine, the model for merging slot revenues with racing, purses need to be increased for maiden and allowance races to the highest levels possible.

Woodbine Joins NTRA

  • News

Woodbine, in suburban Toronto, has joined the National Thoroughbred Racing Association NTRA, it was announced Thursday.

Woodbine Entertainment Posts Record Handle for 2001

Expanded distribution of Woodbine Entertainment Group's Thoroughbred and harness races and larger fields generated by higher purses helped increase the company's total handle for the year by 11.1%. The all sources handle for Thoroughbred and Standardbred racing was a record $1.36 billion.

Purses, Handle Soar at Canada's Woodbine

The 165-day Thoroughbred meet at Woodbine Racecourse that ended Sunday showed significant increases in purses and wagering. Boosted by revenues from slot machines, Woodbine purses rose 7% to total more than $80-million, for a daily average distribution of $485,000. With higher purses and larger field sizes, handle at Woodbine increased 14% to average $2,085,756 per day from all sources.

Fasig-Tipton to Run Canadian Yearling Sale, Again

The Fasig-Tipton Sales Co. is returning to Canada. After a 12-year hiatus, the Lexington-based company has been asked to run the annual yearling sale at Woodbine Racetrack. Canadian Thoroughbred industry leaders hope the change will bring some stability and growth to the breeding and sales markets.

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