14-Nov-05. Race tracks hurt charities. Red Deer Advocate, A4.

In this editorial, the author discusses a proposal to operate a racino in Red Deer and its likely impact on local charitable organizations. It is noted that provincial law allows race tracks to keep 70 per cent of the profits generated at the facility, as opposed to 15 per cent that charities get from casinos. This has resulted in the horse racing industry seeing $37.5-million in funding per year. The authors suggests that charitable organizations will see a reduction in available funding unless charitable revenues from racinos are pooled with those from casinos.