New Racing Entertainment Centres
The
Alberta Gaming and Liquor Commission has developed Racing
Entertainment Centre licensing policies in response to policy
direction made from the Gaming
Licensing Policy Review.
In
1996, the government established Horse Racing Alberta (formally
the Alberta Racing Corporation) as an independent non-profit
organization to govern and promote horse racing in Alberta.
Government also approved the Racing Industry Renewal Initiative
(RIRI) which allowed the racing industry to receive a portion
of the revenue generated by slot machines in racing entertainment
centres (RECs).
The following link highlights the key points of the policies:
Racing
Entertainment Centres (REC) have been developed to help the
horse racing industry in Alberta compete in today’s
gaming environment. Revenue from REC slot machines is disbursed
to the horse breeding and racing industry in Alberta as well
as various community-focused initiatives through the Alberta
Lottery Fund.
Horse Racing Alberta
(HRA) is responsible for licensing Horse Racing tracks, and
the AGLC is responsible for licensing RECs.
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