Woodbine, Ontario Racing Express Concerns About Legalization Of Sports Wagering In Canada

Racetracks of Canada, Ontario Racing and Woodbine Entertainment are raising significant concerns with Private Member's Bill C-218. The bill is currently being debated by Members of Parliament in the Canadian House of Commons.

PMB C-218 seeks to legalize Single-Event Sports Betting in Canada, but damage to the horseracing industry may end up being an unintended consequence of the legislation. It creates an opening for international companies and others to offer wagering on horseraces in Canada at the expense of the local industry.

Canada's horseracing industry is sustainable because of the carefully constructed agreements between betting establishments, horsepeople groups and others in the industry, to ensure that a fair portion of the revenue generated by wagering is circulated back into the horse racing ecosystem. C-218 legalizes wagering on horseracing outside of this framework, jeopardizing the industry support model that serves as the basis of more than 50,000 jobs and $5.7 billion in economic activity across Canada, in both rural areas and in cities.

“We recognize there is an opportunity for the Canadian economy to benefit from the legalization of sports wagering,” said Jim Lawson, CEO, Woodbine Entertainment. “However, we want to ensure it does not come at the cost of the horse racing industry which has been an important part of the economy for decades. We would be supportive of the legalization of sports betting in Canada if our concerns were addressed through a legislative process.”

The horseracing industry is calling for the Trudeau Government to take over the sports betting initiative and proceed with a legislative package in the upcoming Fall Economic Statement or the 2021 Budget that legalizes Single-Event Sports Betting with measures that ensure the local horseracing industry is not an unintended casualty.

This can be done by ensuring only horse racing establishments can offer wagering on horse races. A new revenue source, Historical Horse Racing, should also be provided to the industry to offset any revenue loss to the new competitive product of single-event betting on other sports.

These measures will ensure horse racing can remain sustainable in Canada along with the more than 50,000 jobs it supports across the country.

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‘Breaking New Ground’: Woodbine Releases Corporate Responsibility Report

Woodbine Entertainment (Woodbine) proudly released its 2019/20 Corporate Responsibility Report on Tuesday. The report summarizes the company's recent achievements during the April 1, 2019 to March 31, 2020 fiscal year. While the report focuses on this period, it also includes information on how Woodbine's operations were impacted by the COVID-19 pandemic.

Titled Breaking New Ground, the 2019/20 Woodbine Corporate Responsibility Report focuses on the company's commitment to the communities in which it operates, philanthropy, industry leadership, property development and sustaining the horse racing industry.

“While this year has been extremely difficult for so many, including those in horse racing, we have been highly focused on strengthening our foundation to prepare us for a future of prosperity across the industry,” said Jim Lawson, CEO, Woodbine Entertainment. “Through this preparation, and despite the ongoing uncertainty caused by the global pandemic, we are optimistic about our future based on the quality of our racing, strength of our brand and efficient management of our operation.”

The report highlights contributions to three broad areas that encapsulate Woodbine's charitable initiatives including Supporting Community Health, For the Love of Horses, and Our Footprint. Additionally, the report provides an update on the status of key endeavours such as industry leadership, optimal land development, world-class racing, people and culture, and more.

COVID-19 Response Highlights:

  • Backstretch remained open as an essential service to provide stabling and care for upwards of 1,700 horses.
  • Frequent communications with Standardbred and Thoroughbred stakeholders via new weekly updates.
  • Developed “Woodbine's Guide to Working and Racing Safely” that documents policies and procedures created to operate and race in the safest way possible.
  • Responsive and comprehensive planning contributed to being the first professional sport in Canada allowed to return to competition since pandemic closures.
  • Rigorous health and safety protocols saw screening of 500-1,000 essential workers per day on site.
  • Pivoted to safely hosting spectator-free premier races, including The Queen's Plate, Pepsi North America Cup, Ricoh Woodbine Mile and Mohawk Million.

Charitable highlights within the 2019/20 Corporate Responsibility Report include:

  • Supported more than 100 community-based organizations and charitable causes.
  • Created the Breeders' Crown Charity Challenge which had a record one-time donation of $282,996.00 to five local charities including $109,484.00 won by the Ontario Standardbred Adoption Society.
  • Hosted six 50/50 draws at Woodbine Racetrack and Woodbine Mohawk Park raising more than $27,500.00 for five different charities.
  • Received the Osler Award for Philanthropic Leadership for being a long-term supporter of the Etobicoke General Hospital.
  • Hosted (2019) for the third time, the Road Hockey to Conquer Cancer event that saw more than 1,900 participants raise a record-breaking $3.1 million for the Princess Margaret Cancer Foundation.
  • Addressed food insecurity through the production and distribution of hundreds of pounds of food from the Woodbine Cares Community Garden to local community organizations.
  • Honoured to receive naming rights of the emegency waiting rooms at Etobicoke General Hospital and Milton District Hospital as acknowledgement of Woodbine's long-term and sustained financial support of both medical centres.

Business highlights within the 2019/20 Corporate Responsibility Report include:

  • Hosted three industry summits called “Stronger Together” to increase communication to industry stakeholders in order to educate them on the workings of the industry, our operations and policies and generally introduce a new level of transparency.
  • Invested in our industry through opening a new seven-furlong Kentucky Bluegrass inner turf course and new Standardbred paddock.
  • Commenced the first phase of land development at Woodbine Racetrack including a planned Metrolinx train station and municipal infrastructure necessary for the development of a world-class casino resort.
  • The economic impact of horse racing continues to be significant with the industry contributing more than $2.3 billion annually to Ontario's gross domestic product. Additionally, the horse racing industry employees more than 60,000 people or 45,433 full-time equivalent jobs.

“Every year, we work to build relationships,” said Zenia Wadhwani, Woodbine's Director, Community Relations and Corporate Affairs. “To be a good neighbour and give with the intent of making an impact in the lives of individuals, families and communities. To bring our employees together and foster the value of caring for each other and those around us. To make decisions that will be good for the environment and to be a better corporate citizen. Each year, we aim to improve upon what we have accomplished the previous year. This report is a glimpse into how we do that.”

As a responsible corporate citizen, Woodbine Entertainment has produced a Corporate Responsibility Report every year since 2006. The 2019/20 report is publicly accessible and is available for download or online viewing at WoodbineCares.ca.

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Woodbine’s HPIbet Platform Adds Paypal To Payment Options

Woodbine Entertainment (Woodbine), Canada's horse racing and wagering leader has added PayPal, one of the world's leading digital payments providers on their HPIbet.com platform. This update provides their customers a fast, private, safe, and reliable method for online transactions.

HPIbet is the leading Canadian wagering application that allows users to easily place bets and view races on hundreds of tracks across the globe. HPIbet is available across Canada through HPIbet.com.

We are thrilled to team up with PayPal, a payment processing global leader, to bring our customers their trusted and popular funding mechanism to our platform,” said Kevin Maharaj, Director, Business and Product Development at Woodbine. “We are constantly looking for new ways to enrich the customer experience on HPIbet. Allowing our customers from across Canada to fund their accounts using PayPal is a huge step forward in achieving this goal.”

As of today, HPIbet customers are now able to fund their account using PayPal.

Benefits of the PayPal platform for HPIbet members include adding another seamless way to privately and securely deposit money into accounts from their bank account, credit card and debit card attached to their PayPal account or their PayPal balance.

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Woodbine To Debut Dual-Breed Crossover Pick 5 This Friday

Woodbine Entertainment, home of world class Standardbred and Thoroughbred racing, is set to debut a new dual-breed Crossover Pick-5 wager this Friday (Oct. 16).

The Woodbine Crossover Pick-5 will consist of three races from the Standardbreds at Woodbine Mohawk Park, two races from the Thoroughbreds at Woodbine Racetrack and will be part of each Friday's Racing Night Live broadcast on TSN.

The wager will start each Friday on Race 2 at Woodbine Mohawk Park with the second leg Race 7 at Woodbine Racetrack. The wager will continue to alternate between tracks until all five legs of the sequence are complete.

The Woodbine Crossover Pick-5 will have a $0.20 minimum, a 15 per cent takeout and commence each Friday at approximately 7:26 p.m.

Woodbine Crossover Pick-5
Leg 1: Woodbine Mohawk Park (SB) – Race 2
Leg 2: Woodbine Racetrack (TB) – Race 7
Leg 3: Woodbine Mohawk Park (SB) – Race 3
Leg 4: Woodbine Racetrack (TB) – Race 8
Leg 5: Woodbine Mohawk Park (SB) – Race 4

First race post time each Friday is 4:35 p.m. at Woodbine Racetrack and 7 p.m. at Woodbine Mohawk Park.

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