While signaling their interest to head back to the negotiation table, Patrick Smellie, president of the United Racehorse Trainers Association of Jamaica (URTAJ), chided local promoting company Supreme Ventures Racing and Entertainment Limited (SVREL) for being unreasonable in blocking the race course which thwarted trainers from exercising their horses on Wednesday.
Smellie believes the move allegedly by SVREL to place two trucks across the track was their way of showing their discontent after stakeholders in the local horse racing sector rejected a $27-million purse increase offered on Tuesday.
By virtue of that rejection, owners, breeders, jockeys, trainers, and grooms withheld nomination of their horses for racing which resulted in the planned Saturday-Sunday race meets being cancelled.
"That (blocking the track) was totally unreasonable, unconscionable and possibly illegal. We had a meeting this morning while we were here and they came and removed the trucks and are now wetting the surface again which is a good sign that there is a possibility that we may be able to meet at the table again,” Smellie said.
Still, he pointed out that missing exercise could have an effect on the horses.
“It can affect the horse badly because this is not best practices for the animals anywhere in the world and we have spoken with our veterinarians here and they have agreed with us in total that this is not best practice at all. But we are glad that good sense has prevailed, they have removed the truck, and they are wetting and raking the track, so I assume the track will be reopened for exercise tomorrow (Thursday),” Smellie shared.
Smellie and other stakeholders based their rejection of the $27 million purse increase as unacceptable, arguing that SVREL has seen profits of $6.2 billion, but only want to distribute $5.3 billion.
According to Smellie, based on a deed signed by horsemen with SVREL from last year, they are supposed to receive 49 per cent of Gross Gaming Revenue (GGR). This means that after sales and payout, horsemen are entitled to 49 per cent of what is left and SVREL would keep 51 per cent.
As such, he explained that of the $6.2 billion SVREL makes in sales, according to the regulatory agency, the Betting Gaming and Lotteries Commission (BGLC), horsemen’s percentage would work out to $168 million and not the $27 million being offered.
On that note, the URTAJ president is awaiting word from the promoting company, inviting stakeholders back into negotiations to rectify the issue.
“They are supposed to call us today (Wednesday) or tomorrow (Thursday). Everybody knows we don't agree with their $5.3 billion because we are sticking to the $6.2 billion that the Betting Gaming and Lotteries Commission have gotten paid from them on their taxes.
“We are open to having dialogue, but our trainers will not be relenting. We are tired of this now, and when you see 120 trainers say no more, along with owners and grooms, then you know that everybody is united to the cause,” Smellie reasoned.
Meanwhile, SVREL in a release on Wednesday, said it is open for dialogue and stands ready to work with owners to have the earliest resumption of live racing.
“Since assuming oversight of Caymanas Park, SVREL, has made significant investments and undertaken extensive measures to improve the racing product and to develop a sustainable industry. Last year, in one such effort to improve the sustainability and stability of the industry, SVREL and key industry owners and trainers arrived at a milestone agreement whereby purses will be 49% of gross game revenue (GGR) on live racing,” the release explained.
“SVREL’s hope was, and still remains, that this GGR agreement will bring a measure of stability to the industry and so it is reiterating its readiness to continue discussions with the owners and trainers and other relevant stakeholders with a view to resolve the issue expeditiously. The company is steadfast in its commitment to horseracing and will continue to invest in the future of the industry,” it stated.