Woodbine Entertainment Group

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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 Suspends 'Turbo-Charged' Pick 6

Woodbine Entertainment Group announced July 8 it is suspending its "Turbo-charged Pick 6" wager promotion, while leaving open the option of bringing it back later in the season or for special events.

Woodbine, Horsemen Extend Contract

Woodbine, Horsemen Extend Contract

The board of directors of the Horsemen's Benevolent and Protective Association of Ontario has unanimously approved the extension of its current contract with Woodbine Entertainment Group for an additional three years, the organization announced Jan. 18.

Horsemen: Fix Account Wagering Mess Now

Horsemen are calling for an end to the stalemate over account wagering; and even though providers say they want it to end as well, there doesn't appear to be a resolution in sight.

CTHS Announces Improvement Program

The Ontario division of the Canadian Thoroughbred Horse Society has announced the release of the 2007 Thoroughbred Improvement Program. The program comes after negotiations with Woodbine Entertainment Group, Fort Erie Racetrack, the Horsemen's Benevolent Protective Association, and the approval of the Ontario Racing Commission.

Woodbine Gains Limited Access to U.S. Pools

Woodbine Entertainment Group announced July 2 that Canadian wagers on Balmoral Park, a Chicago-based harness track, will for the first time be combined with the U.S. host track's pools, giving customers in both countries the same winning payout prices.

Woodbine Looks To Commingle With U.S. Pools

Woodbine Entertainment Group, owner of Canada's largest racetrack, has filed applications that would allow its customers to place wagers directly into common pools at two tracks in the United States--The Meadowlands in New Jersey, and Calder Race Course in Florida. Similar applications for New York and California are slated to follow, said Steve Mitchell, WEG senior vice president and chief financial officer.

Woodbine Purse Cuts to Average 5%

Woodbine Entertainment Group, blaming a decline in slot machine business at both Mohawk and Woodbine as a result of recent implementation of government no smoking laws, announced July 15 an overall 5% cut in purses for Thoroughbred racing.

Pricing Pits Industry Against Some High-Volume Bettors

The debate over pricing, rebating, and computer betting has put the pari-mutuel industry at odds with some of its best customers, and judging from the latest exchange of opinions and statistics, it could be some time before the situation is resolved.

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.

Hastings Harness Neighbor Wins OK for Slot Machines

Fraser Downs, a British Columbia Standardbred track located not far from Hastings Park, received approval Dec. 16 to install slot machines. The Surrey City Council will schedule a fourth reading on the measure and approve final documents in a few weeks, the track said in a press release.

Report: Woodbine Interested in Meadowlands

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.

Track Execs: Retention Barns Have Share of Support

In the wake of the New York Racing Association's announcement it would require starters in the June 7 Belmont Stakes to be in a "stakes barn" about 24 hours before the race, officials at two major dual-breed racetracks said detention, or retention, has achieved its goals but continues to be assessed on a regular basis.

Scientific Games' 4Q Revenue Up 10%

Scientific Games Corp. announced fourth quarter financial results (year ending Dec. 31, 2002) Feb. 28 and reported a 10% gain in revenue for the quarter.

No Racing Boycott in Woodbine Dispute

A threatened boycott at Woodbine by the Ontario Harness Horsemen's Association (owners and trainers) was averted Monday when both sides in a dispute over simulcasting agreed to extend their existing contract for 90 days while resuming talks.

Woodbine Subsidiary Acquires Hastings Park

Woodbine Entertainment Group announced Wednesday that it has acquired through its subsidiary, Hastings Entertainment Inc., "substantially all" of the assets of Pacific Racing Association, which operates Hastings Park in Vancouver, Canada.

Woodbine Joins NTRA

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

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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