Racino Royale Revitalizes Racing in Saskatchewan

Racino Royale, Inc. (OTCBB: RCNR) ("RR") -- RR is pleased to announce that it is finalizing the regulatory process to begin standardbred racing at Big Valley Raceway in Craven, Saskatchewan at the end of July.

The company announced last month that it had acquired the exclusive rights agreement for a racino development opportunity in Regina, Saskatchewan, with the Saskatchewan Standardbred Horsemen's Association (SSHA). In an effort to immediately revive and reestablish the once well-established standardbred racing tradition in the region, and to affirm its commitment to the SSHA, the company has agreed to begin racing in Craven while pursuing the opportunity for racino development in the region.

RR has reached an agreement with the Craven Country Jamboree to lease the facility at the Craven fairgrounds for the duration of the race meet. The agreement will become official once regulatory approval for racing has been granted. To that end, RR is in discussion with the Canadian Pari-Mutuel Agency, as well as the Saskatchewan Liquor and Gaming Authority to obtain the appropriate permits and permission to operate eight racing days starting at the end of July.

"Standardbred racing has a strong history in Saskatchewan, and I feel bringing racing back to Craven is a significant step toward bringing many horsemen back to the region and revitalizing the sport," stated John G. Simmonds, Director and CEO of RR. "This is an exciting opportunity," he added. "I'm happy to be working with the Saskatchewan Standardbred Horsemen's Association in this endeavour."

"We have worked effortlessly with RR since they have applied to race the original dates scheduled at Craven" according to Glenn Le Drew, VP of the SSHA, "They are genuinely interested in the future of racing in the province and without them and their efforts, there would be an eight week gap in our race program. With the approval of these dates, we'll have a program that races on a weekly basis in five consecutive months. We haven't had that in years and it will certainly prove to be a pivotal year fo

2006-07-06