jeff 12/1/2025 1:52:39 PM | DRF | Matt Hegarty | Nov 28, 2025 British Columbia to claw back casino subsidies from Hastings: https://www.drf.com/news/british-columbia-claw-back-casino-subsidies-hastings
--quote:"The provincial government of British Columbia has informed horseman at Hastings Park in Vancouver that purse accounts will no longer receive subsidies from slot machines in an adjacent casino starting next year, according to a letter distributed by the track’s horsemen group.
The letter, signed by Nina Krieger, the province’s Minister of Public Safety and Solicitor General, cites the “current fiscal and economic climate” for the decision. Krieger wrote that the climate has created a “challenging time for many sectors, individuals, and families across” the province, and that a review of Hastings' racing operation determined that the subsidies could be better used elsewhere.
“This decision has been made after careful analysis of the current economic impact and long-term projections for the industry, which have shown that even with significant and ongoing government investment from casino-generated revenue, the industry is not sustainable because of a range of factors, primarily declining revenues and public participation and attendance at horse racing events,” Krieger wrote." --end quote
I knew this was coming.
Still, I'm saddened by the news.
At one time Hastings was one of my favorite tracks to play.
But not so much in recent years (too few cards per week and too many small uncompetitive fields.)
-jp .
|