The government has responded to the racing industry’s petition to stop the proposed implementation of affordability checks.
Although it is registered in the name of Nevin Truesdale, chief executive of the Jockey Club, the petition was launched on behalf of Britain’s horseracing industry, which supports more than 85,000 jobs and contributes £4.1billion to the UK economy each year.
It has so far attracted in excess of 80,000 signatures and will warrant consideration for a debate in parliament when it hits 100,000.
The sport is broadly concerned that the implementation of affordability checks will be highly damaging to its revenue and are potentially intrusive to punters for the sake of relatively small losses. Many owners have spoken out on their intention to leave the sport or significantly cut their interests over the issue.
With signatures rising swiftly the Department for Culture, Media and Sport has underlined its commitment to “effective but proportionate” affordability checks whilst working with the industry to gain clarity on the expected financial deficit.
A portion of the response read: “We are committed to a proportionate, frictionless system of financial risk checks, to protect those at risk of harm without over regulating. The Gambling Commission will set out plans in due course.
“The government and Gambling Commission recognise concerns some have with the proposed system of financial risk checks for the highest spending online customers to help identify and tackle gambling related harm. We share the goals that the checks should not overregulate the gambling sector, should not unduly disrupt the millions of people who gamble without suffering harm, and should not cause unnecessary damage to sectors which rely on betting, in particular horseracing. The government is a strong supporter of horseracing, and recognises that it is not the job of either the government or the Gambling Commission to tell people how to spend their money. As outlined in the gambling white paper we are seeking to balance this freedom with the necessary action to tackle the devastating consequences which harmful gambling can have for individuals and communities.
“Importantly, the proposals will represent a significant improvement for both businesses and customers compared to the current situation. While the Gambling Commission does not currently have specific requirements or thresholds, we know that operators are applying inconsistent ‘affordability’ checks on a number of customers, often without being clear on why the checks are happening, and normally requiring customers to provide data manually. We have challenged operators to be more transparent with customers in the interim, but the proposed system will be a significant improvement in having clear and proportionate rules which all operators are held to, and allowing for financial data to be shared seamlessly with operators instead of burdening customers with information requests. Both the government and the Gambling Commission have been clear that we would not mandate the checks proposed in the consultation until we are sure that they will be frictionless for the vast majority of customers who would be checked.”
It added: “The government recognises the enormous value of horseracing as both a spectator sport and through its economic contribution. The white paper’s estimate was that financial risk checks will reduce online horserace betting yield by 6% to 11%, which would in turn reduce racing’s income by £8.4 to £14.9 million per year (0.5% to 1% of its total income) through a reduction in levy, media rights and sponsorship returns. We are working with racing and refining that estimate. We have also commenced a review of the Horserace Betting Levy to ensure a suitable return to the sport for the future.
“The government and Gambling Commission are working with the industry and others to ensure the checks can be implemented in an effective but proportionate way. We are also exploring the role of pilots or phased implementation to help ensure this.”
SVREL chairman calls for urgent reforms in stewarding after Heroes’ Day disruption at Caymanas Park
Following an internal investigation by Supreme Ventures Racing and Entertainment Limited (SVREL), significant gaps in training have been identified, leading to stewarding practices at Caymanas Park falling short of international standards. As a result, SVREL Executive Chairman Solomon Sharpe has called for urgent intervention from the Ministry of Finance and the Public Service to address these issues and ensure the future integrity of horse racing in Jamaica.
The investigation was prompted after the Heroes’ Day race meet at Caymanas Park was abandoned on Monday, October 21, 2024. A group of punters reacted violently to the stewards’ decision in Race 2, leading to the event’s cancellation for safety reasons. Sharpe stressed that the current state of officiating is not up to par for a racing jurisdiction aspiring to world-class status.
“Our internal investigation has identified significant training gaps that have resulted in local stewarding practices falling short of international standards,” Sharpe said. He explained that while SVREL provides the facilities for racing, the stewards' oversight falls under the Jamaica Racing Commission (JRC), a government-appointed body. Sharpe believes this disparity between local and international standards must be addressed immediately.
In his statement, Sharpe emphasized that improving stewarding standards is critical for the growth of horse racing in Jamaica. He called for the implementation of mandatory certification programs for stewards, ensuring that they are properly trained to handle the complexities of modern racing. He also advocated for regular assessments and retraining of officials to maintain a high level of competence and consistency in their decision-making.
Sharpe further stressed the need for clear accountability frameworks to be established, so that all decisions made by stewards are transparent and based on consistent, well-defined criteria. This, he believes, would help avoid situations like the one on Heroes’ Day, where the lack of clarity led to confusion and frustration among punters. Moreover, Sharpe called for the introduction of an independent appeals mechanism that would allow for the review of stewarding decisions, ensuring fairness and trust in the system.
Sharpe explained that these reforms are essential to creating a level playing field and restoring confidence in the integrity of horse racing at Caymanas Park. He expressed frustration that despite previous discussions with the JRC about the need for improved officiating, little progress has been made.
The incident on Heroes’ Day, which caused significant financial losses estimated at over JMD$70 million, underscored the importance of addressing these issues urgently. While Sharpe acknowledged the passion of racing fans, he firmly condemned the violent behaviour that followed the stewards' decision, stating that it endangered lives and tarnished the reputation of the sport. "While we value our patrons' enthusiasm, any expression of discontent must remain within acceptable bounds of sporting behaviour,” he asserted.
Sharpe also expressed disappointment with the lack of response from industry stakeholders following the incident. He pointed out that many who are typically vocal about SVREL’s operations have remained silent on this serious breach of sporting conduct. He called on all stakeholders to take equal responsibility for the sport’s integrity and to advocate for improvements in officiating and the overall management of races.
“The growth and sustainability of horse racing in Jamaica require more than just infrastructure investment and promotional efforts,” Sharpe said. “It demands the consistent application of international best practices across all aspects of racing.”
SVREL remains committed to modernizing Caymanas Park and advancing Jamaican horse racing. However, Sharpe made it clear that this vision can only be achieved through collective responsibility, with all stakeholders playing an active role in improving the industry’s standards and holding each other accountable.
“The time has come for all stakeholders to demonstrate their commitment to the industry's growth not merely through words, but through actions, consistent engagement, and a willingness to address difficult issues head-on,” Sharpe concluded.
SVREL apologizes for disruption and cancellation of Heroes' Day Race Meet at Caymanas Park
Supreme Ventures Racing and Entertainment Limited (SVREL) has issued an apology to its customers and stakeholders following the cancellation of Monday’s Heroes' Day race meet at Caymanas Park. The cancellation came after a series of disruptions stemming from the disqualification of the first-place finisher in Race 2, which caused unrest among some punters at the track.
In a statement, SVREL explained the incident: "On Monday, October 21, 2024, a series of unfortunate events led to the disruption and subsequent cancellation of races at Caymanas Park by the Jamaica Racing Commission Stewards."
The unrest began when the stewards' decision in Race 2 led to the disqualification of the initial winner. Displeased with the result, some punters expressed their dissatisfaction by throwing debris, creating an unsafe environment for patrons, participants, and horses.
"After the announcement of the race results, some punters became agitated and expressed their dissatisfaction in a manner that compromised the safety and security of all present. This included the throwing of debris across the Park, creating an unsafe environment for patrons, participants, and horses alike," the statement continued.
As the situation grew more volatile, trainers began voicing concerns for their safety, leading to the cancellation of subsequent races.
"In light of this development and prioritizing the safety of the horses, horsemen, punters, and all attendees, the stewards made the decision to abandon race 4 and subsequently, the entire race meet for the day," SVREL said.
The company further emphasized that security personnel, supported by the police, were working to manage the situation and prevent any further escalation.
SVREL concluded by offering a formal apology for the inconvenience caused: "Supreme Ventures Racing & Entertainment Limited, the operator of Caymanas Park, extends our sincerest apologies to our valued customers and stakeholders for the inconvenience caused by the abandonment of the race meet."
The company reiterated its commitment to the safety of all involved in the sport, while promising to address the issues that led to the disruption.
Caymanas Park set for growth through international investment
Jamaica's premier horse racing venue is poised for significant growth and more international recognition, thanks to a strategic partnership with the New York Racing Association (NYRA). This collaboration, ignited by the improvement being done at the park by operators Supreme Ventures Racing and Entertainment Limited (SVREL) over the past seven, potentially marks a turning point for the Jamaican horse racing industry.
In a major boost to the Caymanas Park's profile, NYRA and FOX Sports have committed to a two-year agreement to broadcast the prestigious Mouttet Mile Invitational live in the USA. This partnership renewal comes after the resounding success of the 2023 Mouttet Mile Invitational which was televised live for the first time on FOX Sports.
SVREL Executive Chairman Solomon Sharpe expressed his joy with the development. “Since SVREL has been at the helm of operations at Caymanas Park, we’ve made US multi-million-dollar investments into the product and the infrastructure as we strongly believe in the value of horseracing as an industry. We are very excited to have NYRA see the gem that Caymanas Park is and for them to step up and commit to investing in the product to help bring the sport to international racing fans. By all accounts, last year’s broadcast on FOX Sports was a hit. Racing fans from NY to California fell in love with the energy of racing at Caymanas Park and so we’re very pleased to have FOX and NYRA back on board for not just this year but also the 2025 Mouttet Mile. The potential for the growth of the local industry with the exposure and support from NYRA and FOX is limitless.”
Sharpe has consistently shared his vision for the facility to become the premier destination for sports and entertainment in the Caribbean.
In addition to broadcasting the next two editions of the Mouttet Mile, FOX Sports also stated that the extended coverage will showcase not only the world-class racing at Caymanas Park but also the venue's unique and electric atmosphere brought by the passionate racing fans. The partnership will also officially make the linkage between sports and tourism by including Jamaica’s natural beauty and historical sites in the broadcast partnership. They will also be showcasing not only the racing but the passion of the fans at Caymanas Park who add to the unique energy at the iconic venue.
Overseas punters are not to be left out as NYRA will offer a special Pick 5 wager that includes not only two graded stakes at Caymanas Park, including the Mouttet Mile but also the prestigious Cigar Mile at Aqueduct—a Grade 1 race with a purse of US$750,000.
"NYRA is looking to host an inter tote wagering double race with the Mouttet Mile and the Cigar Mile. Interest in the Mouttet Mile and by extension, Caymanas Park, has spread from coast to coast in the USA. Making betting on the Mouttet Mile accessible in the USA is a great achievement and it takes us closer to realising the ultimate goal of having the race included in the World Pool,” said Sharpe.
He also hinted at a possible purse increase for next year's Mouttet Mile.
The Mouttet Mile Invitational is a Grade One event for three-year-olds and upward going over a mile (1,600m) and in successive years has set the record for the largest purse in the English-speaking Caribbean. The 2024 purse is set at a historic US $250,000. The 3rd Running of the Mouttet Mile is scheduled for December 7.
This year’s staging is already shaping up to be an exciting affair with early interest from 7 prominent overseas-based horses and two local horses already earning their automatic spots in an exciting Win and You’re In promotion by copping wins in The Jamaica Derby (Gr. 1) and the Philip Feanny OD Gold Cup (Gr. 1). The final Win & You’re In instalments are The Jamaica Cup (Gr. 1) and Port Royal Sprint (Gr. 3) scheduled for November 9.
The collaboration between Caymanas Park and NYRA represents a significant milestone for Jamaica's horse racing industry.
Sharpe concluded “Over the past few years we’ve been able to attract some local corporate sponsors which we see as an endorsement of SVREL’s efforts to elevate horseracing and create a thriving ecosystem around it. This endorsement by an organization like NYRA bodes well for the future of racing and we can’t wait to welcome even more international partners on board as we grow a sustainable product. All of this happening in Caymanas Park’s 65th anniversary year makes it extra special.”
Building on the solid groundwork laid by SVREL's investments and innovations, this partnership with NYRA is expected to bring new opportunities, increased investment, and a higher international profile to Jamaican horse racing.
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