Printer Friendly
The Free Library
14,497,195 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Racetrack proponent gambles on public support.


Don Fudge is extending an invitation to all of Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing.

Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it
 to come to the racetrack in the spring of 2006.

The 57-year-old North Bay businessman is heading a group of investors planning to revive harness racing harness racing: see horse racing.
harness racing

Horse-racing sport. In harness racing, Standardbred horses are harnessed to lightweight, two-wheeled, bodiless (seat-only) vehicles known as sulkies. The sport's origins date to ancient chariot races.
 and introduce slot machines to the Gateway city with his proposed $15-million Nipissing Raceway in the city's east end.

The anticipation of thundering hoofs returning to North Bay is enough to send a tingle up Fudge's spine as he remembers his childhood days in the 1960s, peddling his bike down the Ottawa highway to watch the pacers at Sonny son·ny  
n. pl. son·nies
Used as a familiar form of address for a boy or young man.



[Diminutive of son.
 Dale Raceway.

But, like dozens of other farm-based tracks throughout Ontario, interest dwindled and Sonny Dale closed in the early 1970s.

With the sport's popularity back on the rise, bolstered by simulcast broadcasts and slot machines, Fudge felt the timing was right to revive the idea and enlisted en·list·ed  
adj.
Of, relating to, or being a member of a military rank below a commissioned officer or warrant officer.


enlisted
Adjective
 some Toronto business partners - his son-in-law Richard Ciano, Mitch Wexler and C.S. Leung - to invest in the private development, which could be as high as $20 million if the province lifts its moratorium A suspension of activity or an authorized period of delay or waiting. A moratorium is sometimes agreed upon by the interested parties, or it may be authorized or imposed by operation of law.  on gambling expansion.

The McGuinty government is expected to render a decision in "several weeks," says Fudge, who is tentatively targetting April 2006 as the first day of racing.

The group has purchased 102 acres of industrially zoned undeveloped bush lots just minutes from Highway 11 and the city's hotel strip. They are in the process of preparing a rezoning application to the city this fall, which will include slot machines.

Since last spring, news of a possible North Bay track has been making the rounds on the racing simulcast network as far south as Georgia, says Fudge.

He believes a North Bay track will serve as a great companion piece to Sudbury Downs Sudbury Downs is a harness racing track located in Greater Sudbury, Ontario, Canada, on Bonin Road between the communities of Azilda and Chelmsford. During the racing season, there are usually two race nights per week, on Wednesday and Saturday, with ten to fourteen races each race  - 120 kilometres to the west - to better link the North to the southern Ontario racing circuit.

The development calls for a 5/8-mile track, a 500-seat indoor grandstand, 144-seat restaurant, barns for 200 horses and a 640-car parking lot.

About 250 jobs would be created on site, ranging from entry-level horse groomers, marketing positions, restaurant service sector jobs, right up to senior track management.

A slot machine component could boost the operation's total employment to 400.

Many more downstream spinoffs would be realized for area breeders, those in the feed business and related jobs tailored to the agricultural sector in outlying out·ly·ing  
adj.
Relatively distant or remote from a center or middle: outlying regions.


outlying
Adjective

far away from the main area

Adj. 1.
 communities, he says.

[ILLUSTRATION OMITTED]

Fudge says his group's efforts already have the support of the Ontario Harness Racing Association, as well as the Northern Horsemen's Association in Sudbury, and, so far the local reaction from the business community has been "very positive," including city council's endorsement last April.

"No one has come to me and said this is a terrible business idea," says Fudge, who also works as a consultant in the aggregate and industrial minerals industries.

But he has heard some rumblings in the community there may be some opposition this fall from anti-gambling advocates.

Fudge says the addition of slots will mean more races, bigger purses, better horses from the circuit, and it should strengthen jobs within the entire operation. In Ontario, horse racing horse racing, trials of speed involving two or more horses. It includes races among harnessed horses with one of two particular gaits, among saddled Thoroughbreds (or, less frequently, quarterhorses) on a flat track, or among saddled horses over a turf course with  has become a full partner in the gaming industry. Fifteen of the province's tracks, including Sudbury Downs, have slot machines. The money has transformed racing in Ontario into a $1.3-billion industry.

In an attempt to sway some opinion, his group commissioned a social impact assessment conducted by Toronto's Milestone Strategy Management Consultants.

The study, which Fudge intends to post on his Web site (www.nipissingentertainment.com), indicates the racetrack/slot operations will have a low negative effect in the community.

The slot operation would generate about $650,000 in net revenues to be annually earmarked for local social support agencies.

Furthermore, the city would receive about $1.6 million annually in slot revenues and take in about $250,000 in property tax assessment. Fudge applied to the Ontario Racing Commission (ORC Orc

monstrous sea creature; devours human beings. [Ital. Lit.: Orlando Furioso]

See : Monsters
) in May for a licence to operate the track for 50 race days initially. Their application is now in the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  phase. Eventually, he hopes the facility will operate year-round like other Ontario tracks.

Once the ORC makes its decision, the Canadian Pari-Mutuel Agency, which licenses and supervises wagering wa·ger  
n.
1.
a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettled matter.

b. A matter bet on; a gamble.

2.
 at racetracks, will weigh-in, plus approvals will be needed from the Ontario Lottery and Gaming Corp. and the city's building department.

Jean Larocque of Larocque Elder Architects has prepared a conceptual drawing and Fudge says many local contractors have expressed an interest, but, with the regulatory process still underway, he could put no timelines on when the project will be put to tender.

By IAN ROSS Ian Ross is the name of:
  • Ian Ross (playwright) (born 1968 in McCreary, Manitoba), a Métis playwright
  • Ian Ross (football manager) (born 26 November 1947 in Glasgow), a footballer for Liverpool and Aston Villa and manager of Huddersfield Town
 

Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario.  
COPYRIGHT 2004 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:NORTH BAY
Author:Ross, Ian
Publication:Northern Ontario Business
Geographic Code:1CONT
Date:Nov 1, 2004
Words:771
Previous Article:Four-laning paves way for new business case.(NORTH BAY)
Next Article:Negotiations underway for wind farm development.(NORTH BAY)
Topics:



Related Articles
Gambling issues and the ballot box.
One track too many? (industry analysts say Los Angeles can still accomodate another horse racetrack)
Gambling hits the jackpot in a few states.(Statestats)
$15M racetrack development planned for North Bay's east end.(News)
Win or lose, Casinos, racetracks keep up fight for slots.(Up Front)
November vote to influence future of California finances.(Election Year Politics--The Effect on the Economy)
Gambling on gaming: revenues from gambling are just too tempting for troubled state budgets.
TRACK SAVED FOR NOW HOLLYWOOD PARK IS SOLD.(Sports)
Racetrack deal has side bet on added slots.(UP FRONT)(aquisition of Hollywood Park by Bay Meadows Land Co and planning for its development)
Hollywood Park racing nearing its finish line.(NEWS & ANALYSIS)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles