Ontario’s racetrack math

Wagering on horse racing has made Ontario's racetracks a natural site for other forms of gambling, such as slot machines. Clive Cohen/New Image Media

Wagering on horse racing has made Ontario’s racetracks a natural site for other forms of gambling, such as slot machines.

John Stapleton

 

I bought my first racehorse 30 years ago along with a few friends. We had a few successes and we paid a lot of bills. We proved that a handful of people of modest means can get together and act like one big owner and have a bit of excitement. Most of the glamour and bragging rights came from a win photo that you hung on your recreation room wall, not an invitation to a society ball. For the record, none of us has ever been introduced to the Royal Family.

The reality is that it’s hard for most owners to gain fame or make money in horse racing but it now looks like it could get a lot more difficult.

Please read the complete article here: http://www.thestar.com/opinion/editorialopinion/article/1141412–cutting-the-number-of-ontario-racetracks-would-be-a-bad-bet

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