The Ministry of Finance and Planning, in conjunction with the Betting, Gaming and Lotteries Commission, will today host the long-awaited horse racing summit at the Jamaica Conference Centre in downtown Kingston, starting at 9 a.m. Discussions will take place from 9 a.m. to 4 p.m.
The summit is designed to discuss the future of horse racing among the various stakeholders and agree on a development strategy for the survival and growth of the horse racing industry.
It will be held under the theme 'Horse Racing ... Today and Beyond'.
The idea of a summit was conceived by Horace Dalley, minister without portfolio in the Ministry of Finance and Planning, back in May when there was some instability in the racing industry over the rights fee issue between Caymanas Track Limited and the Licensed Bookmakers of Jamaica.
This led to protest action at Caymanas Park by stakeholders on the morning of Saturday, May 12, resulting in the postponement of the race meet scheduled for that day to the following Wednesday.
At a follow-up meeting between Dalley and the stakeholders at his Heroes Circle office on Monday, May 14, the minister said a summit would be arranged where everything would be put on the table in an effort to address matters relating to the racing industry.