
Commissioner Hugh Reid (left) hands over the Betting, Gaming and Lotteries Commission Trophy to CTL's executive manager for marketing, Millicent Lynch, at Tuesday's press launching at the Terra Nova Hotel. - Winston Sill/ Staff Photographer THE BETTING, Gaming and Lotteries Commission (BG&LC) has joined the growing list of sponsors of horse racing at Caymanas Park.
Beginning tomorrow on the Emancipation Day 10-race programme at Caymanas Park, the BG&LC has put up a total of $500,000 for the sponsorship of two races, the inaugural running of the Betting, Gaming & Lotteries Commission Trophy (open allowance) over 1400 metres and the 4-y-o and up restricted allowance V (non winners of two) for the Charles Randle Trophy over the circular nine course.
The purse of $600,000 for the main feature is supplemented by a $350,000 contribution from the BG&LC, while the Charles Randle Trophy which offers a total purse of $400,000 has benefited from a $150,000 contribution from the Gaming Commission.
The latter race will be run in honour of Charles Randle, a former general manager of both the Jamaica Racing Commission and Betting, Gaming and Lotteries Commission and also a Hall of Fame inductee.
Details of the sponsorship were announced at a formal launching on Tuesday afternoon at the Terra Nova Hotel, Waterloo Road.
Walter Scott, chairman of the BG&LC, said the sponsorship is not the largest CTL will get throughout any calendar year.
But by making a contribution of $500,000 to purses, means more incentive to horsemen.
"In the day to day sponsorship you can be spending a million dollars on trophies and on the spectacle but what we at BG&LC are really more concerned about is what goes to the purses. Because, here is where people in the industry receive benefit," said Scott.
Also speaking were CTL's executive manager for marketing Millicent Lynch, racing secretary Denzil Miller Jr. and Derek Peart, executive director of the BG&LC.