News & Updates

Suggestion Box

For more information,
contact us at:

Fort Erie Economic Development & Tourism Corporation

660 Garrison Road, Unit 1
Fort Erie, Ontario L2A 6E2
Phone: (905) 871-1332
Toll Free: 1-888-270-9151
Fax: (905) 871-1077
General Inquiries Email


On behalf of the to be formed Fort Erie Thoroughbred Horse Racing Consortia (the Consortia), the Fort Erie Economic Development & Tourism Corporation (FE:EDTC) is in the process of undertaking due diligence and business feasibility analysis with respect to their recent offer to purchase the Fort Erie Race Track. 

The FE:EDTC has retained the services of Deloitte Canada (a leading professional services firm, which offers clients a broad range of fully integrated services in areas that include accounting, assurance and advisory, tax, risk management, business, financial, and human capital consulting) to undertake this comprehensive analysis. 

More specifically, Deloitte has been charged with the task(s) of; reviewing and analyzing past financial performance measures of Nordic Gaming; working with the Consortia to develop financial models by which to explore potential future financial performance opportunities; key stakeholder review and analysis; and, developing and testing different business and marketing models for the ongoing operation of the Track and property with the goal of stabilizing and securing live racing in Fort Erie.

Concurrently, the Consortia also continues to work to develop the articles of incorporation and governance model for the not-for-profit corporation (currently referred to as the Fort Erie Thoroughbred Horse Racing Consortia) which will ultimately own and manage the Fort Erie Race Track, should the purchase by the FE:EDTC come to fruition.  The pro tempore Board of Directors of this not-for-profit corporation include;

Ms. Sue Leslie (pro tempore Chairperson) – President, Ontario HBPA
Mr. James A. Thibert (pre tempore CEO & Secretary to Board) – GM, FE:EDTC
Mr. Claude Pilato – Chairman, FE:EDTC
Mr. Sandy Annunziata – Board Member, FE:EDTC
Mr. Nick Gonzales – Vice President, Ontario HBPA
Mr. Harry Schlange – CAO, Town of Fort Erie

To facilitate public information, updates and to involve as many of the public we can, the FE:EDTC has developed this interactive website, through which local residents and stakeholders can provide ideas, input and suggestions with respect to;

  • potential ancillary activities, amenities, etc. on-site;
  • marketing and promotional ideas;
  • ideas for generating operational efficiencies (racing, food & beverage, events, etc);
  • potential additional on-site development(s); and,
  • gaming issues/ideas.

 

Input, ideas, comments and suggestions will feed directly into the due diligence and business case feasibility planning process, and will be reviewed carefully and critically by the team at Deloitte. 

For more information, please go to our News & Updates page, or follow the links below to some helpful websites;

Fort Erie Race Track

Fort Erie Race Track
www.forterieracing.com

HBPA

Ontario Horseman’s Benevolent & Protective Association (HBPA)
www.hbpa.on.ca

Town of Fort Erie

Town of Fort Erie
www.forterie.on.ca

Fort Erie Excites Fort Erie Excites
www.forterieexcites.com