from the Ontario Racing Commission

Toronto, ON — In accordance with Section 25 of the Racing Commission Act, 2000, the Director of the Ontario Racing Commission has conditionally canceled Windsor Raceway’s ORC license effective August 31, 2012, at 11:59 p.m.

There are certain financial terms and conditions that Windsor Raceway must meet before the license is cancelled.

On August 15, 2012, the ORC received a letter from Windsor Raceway providing notice of its intention to return its ORC license.

Subsequently, on August 17, 2012, ORC Administration met with Management of Windsor Raceway to discuss the issues related to the request by Windsor Raceway. The ORC also received confirmation that the horsepeople under contract have been advised of Windsor Raceway’s request for cancellation of its ORC license.

A Notice to the Industry on the financial considerations, including transfer of purse monies, will be forthcoming.