Sudbury Downs purse monies to be held in trust by ORC

from the Ontario Racing Commission

Toronto, ON — As one of the conditions set by the Director regarding the cancellation of Sudbury Downs’ Ontario Racing Commission licence, the Director has ordered that all Sudbury purse monies be forwarded to the ORC to be held in trust for the Standardbred horse people.

These monies include any remaining funds in the Sudbury Downs purse account, including any underpayment of purses. In addition, Sudbury Downs is required to forward immediately any funds earned or due to the purse account subsequent to the transfer of the remaining funds.

According to the authority resting with the Director under the Racing Commission Act, 2000, the ORC is committed to acting in the best interests of all participants in the Ontario horse racing industry.

As stated in previous Notices to the Industry, any monies held in purse account will only be used for the benefit of Ontario horse people. Any decision on how, and in what way, purse money will be allocated will only be made in consultation with horse people.

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