23/06/2022
The Big Picture
It is a pity and a sad state of affairs that the big picture is not emerging.
Is it through ignorance or is it deliberate? All the parties concerned and all the stakeholders involved are perfectly aware that times have changed for good.
I failed to understand why we are crying about things which ought to have been changed and buried long time back. I pay tribute to all those who have maintained horseracing during the last 210 years. But was it not time to regulate the business of horseracing after the damning report initiated by Navin Ramgoolam.
A close look reveals that the whole system was controlled by members of a private club on a property owned by the State, i.e. the Champ de Mars, and all the infrastructure which have been built there come from the money earned from that land and business.
What have changed now? A new player, People’s Turf PLC (PTP), has come in with new investment, new experience and new vision. I do not understand why this initiative is not welcomed and encouraged. Since the last 3 editions, a fault finding game is on.
A lot of hurdles were put on the way for the newcomer. MTC decided not to cooperate and share its facilities. Out of nothing, during a few weeks, an alternative infrastructure was created at the Champ de Mars. I am sure that infrastructure will continue to improve and will be at least at par with that of MTC or even better.
The investor, Jean Michel Lee Shim, has too much at stake not to make sure that he creates a world class infrastructure.
I do not understand why there is so much opposition to his entry to this horseracing business. The main argument is that he does not have 210 years of experience of organizing the game. Experience matters just little in this digital age. The 210 years of experience comes from a colonial bygone era. Which explains why they could not move to reform themselves and bring in the required change in the light of recommendations of the Parry Report. They believed nobody can challenge their position.
They could not foresee that Pravin Jugnauth and the government have a new vision and have seen the economic potential of horseracing. Pravin Jugnauth announced in parliament that government is going to invest huge amount of money to create a new modern infrastructure at Côte d'Or with all amenities and other sports facilities. More than 165 arpents of land has been earmarked by Landscope and provisions have been made in the budget to start the project. Côte d'Or International Racecourse and Entertainment Complex Ltd has been created to invest and manage this business.
I am aware that all the ills of this business will not be addressed but still the whole system will be regulated. I expect less money laundering business, less frauds, less horserace fixing if any and a better atmosphere to prevail.
Time to wake up and face this new reality.