Western Fair Announces Purse Decrease

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Published: December 28, 2012 02:45 pm EST

The Raceway at Western Fair District has announced that a purse decrease will come into effect in January of 2013.

The purse decrease is approximately 12 per cent.

A release from the Western Fair District has stated that the purse decrease is necessary to ensure that a sufficient amount of purse money remains available through to the end of the current meet in May.

“Our industry will face unprecedented funding challenges come April 1, 2013. And although I remain optimistic that the OMAFRA panel will produce a funding framework for racing shortly, it would be fiscally irresponsible of us to treat the first quarter of our year as business as usual,” explained Hugh Mitchell, CEO at Western Fair.

“With the uncertainty regarding any funding arrangements post March 31, 2013 we feel that it is prudent to make adjustments in order to ensure that there will be sufficient money to fund racing purses until the end of the winter meet which ends on May 31, 2013," stated Ontario Harness Horse Association President Ken Hardy. "We will continue to monitor the situation along with Western Fair District management and will make further adjustments as we gain more clarity on future funding arrangements.”

(With files from the Western Fair District)

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