Hastings Racecourse Closing Permanently in Vancouver

by Javier Moreno - Sports Editor
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BC Government Cuts Funding to Thoroughbred Racing, Future Uncertain

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The British Columbia provincial government has cut off funding to Great Canadian Gaming Corporation, the company that manages slot machine revenues allocated to the province’s thoroughbred racing industry. This decision, reported by the CBC and Global News, marks a critically important shift for the industry, which has faced declining attendance and revenues alongside ongoing animal welfare concerns.

The Vancouver Humane Society (VHS) released a statement applauding the move, calling it “an important step toward phasing out an industry that has long relied on government money.” The VHS has been a vocal critic of the industry, citing concerns about the welfare of racehorses.

Impact on great canadian Gaming and Racing Participants

Great Canadian Gaming, in a statement relayed through The Canadian Press, indicated its focus will be on supporting impacted employees and assisting racing participants as they explore future options for thoroughbred racing in British Columbia. The company did not immediately detail the extent of job losses or the specific support being offered.

The cut in funding raises serious questions about the future viability of thoroughbred racing in the province. for years, the industry has been heavily subsidized by slot machine revenue sharing agreements. Without this financial support, maintaining racing operations and supporting breeders and trainers will be significantly more challenging.

Background: Declining industry & Welfare Concerns

The decision to cut funding comes amidst a broader trend of decline in the horse racing industry. Factors contributing to this include:

* Decreasing Attendance: Fewer people are attending live racing events.
* Shrinking Revenues: Wagering and related revenue streams have been falling.
* Animal Welfare Concerns: Groups like the VHS have raised concerns about the treatment of racehorses, including injuries, overuse, and the fate of horses after their racing careers end.

These concerns have led to increased scrutiny of the industry and calls for reform or even its complete phasing out.

What’s Next for BC Thoroughbred Racing?

The future of thoroughbred racing in British Columbia is now uncertain. Industry stakeholders will need to explore alternative funding models, potentially including increased private investment or a restructuring of the industry.the provincial government has not yet indicated whether it is open to further discussions about supporting the industry in a different capacity.

The Canadian Press reported this story on December 5, 2025, and the situation remains fluid. Further developments are expected as stakeholders assess the impact of the funding cut and formulate plans for the future.

Key Takeaways:

* The BC government has ended its funding of thoroughbred racing through slot machine revenue sharing.
* The Vancouver Humane Society supports the decision,citing animal welfare concerns.
* Great Canadian Gaming will focus on supporting impacted employees and participants.
* The future of thoroughbred racing in BC is now uncertain.

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