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Hastings Park to Lose Slots Revenue Starting Jan. 31

"I am writing to advise that government has completed its review of the horse racing industry in B.C. ("the review"). While the review identified some economic, social, and other benefits flowing from live horse racing in B.C., it also revealed significant concerns with its financial sustainability and ongoing viability despite revitalization efforts," the letter started. "Horse Racing BC's April 2025 Industry Plan presented a possible path forward for horse racing in B.C., but not without significant additional government funding over the next three years. In the government's current fiscal situation, we are unable to support this additional funding request.

"We also reviewed the practice of providing the horse racing industry with a share of net slot machine revenue from Hastings Casino and Elements Casino Surrey. Given the significant financial sustainability concerns revealed by this review, we have made the very difficult decision to stop providing net slot machine revenue to the industry as of January 31, 2026."

"This decision has been made after careful analysis of the current economic impact and long-term projections for the industry, which have shown that even with significant and ongoing government investment from casino-generated revenue, the industry is not sustainable because of a range of factors, primarily declining revenues and public participation and attendance at horse racing events," her letter stated.

https://www.bloodhorse.com/horse-racing/...rk-to-lose-slots-revenue-starting-jan-31