Woodbine Entertainment is looking for ways in which it could introduce historical horse racing in Canada as an enhanced betting offering for locals. Together with Ontario Racing and Racetracks of Canada the horse racing leaders are about to work towards the legalization of this gaming offering that is highly popular across the United States. The federal government would have to review the proposal.
Horse people across Canada rely on the purses coming with live racing and the wagers players place on the popular events sprinkled throughout the year. The unprecedented situation around the globe mandated social distancing and postponed the live events schedules of all horse racetracks across Canada. Horse training and grooming currently take place at the backstretches of racetracks, as the horses need daily care.
Paving the Way
However, no live racing is allowed, as the health of horse people should be protected at all costs. The purses they benefit from are fueled by the live races and the wagers people place on those popular events. Jim Lawson, Chief Executive Officer of Woodbine Entertainment, made it clear last month that the horse racing leader of Ontario is already working towards the introduction of new gaming offerings.
Historical horse racing is also commonly referred to as instant racing and it allows the players the freedom to wager on horse racing events whenever they feel like it. They are able to place bets even if there are no live races currently in progress at the racetrack. The electronic gambling system uses replays of previous horse races and the player can wager on their outcome and more.
The special thing about this gaming offering is that the player is unable to recognize the live event in question while they are betting on it. The complete information regarding the race is shown only once the wager has been placed and the player could watch the replay of it. Players compare the experience with the one during a live horse racing event.
Support for the Horse People
Brick-and-mortar gambling venues across the United States feature those machines that resemble slot machines. For the time being, no Canadian casino location or gambling venue features the said devices, neither are they available online. However, Woodbine Entertainment wants to see them thrive in the foreseeable future and boost the local horse people.
The racetrack management sought Ontario Racing’s support along with Racetracks of Canada in an attempt to pave the way for this change. About 47,000 individuals associated with the horse racing field struggle to provide for their families without the live races they were looking forward to. Historical horse racing could be offered online with the help of the existing online platform and its operation would support the horse people.
Mr. Lawson has been optimistic about the return of live horse racing without spectators. His projections are that racetracks would have the chance to witness the return of live events in June or July this year. Racetrack schedule would be reworked and adjusted once Ontario’s government gives green light to the horse racing field.
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