Horse Racing

SVREL six months in

New racing promoter committed to improvements, looks ahead with optimism

Friday, September 01, 2017

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Six months after taking over the reins of promoting horse racing at Caymanas Park, Chief Operating Officer (COO) at Supreme Ventures Racing and Entertainment Limited (SVREL) Brando Hayden says the company is pleased with the progress which has taken place, and is optimistic with regards to the challenges ahead and the strategies in place to address them.

“Now, after six months, is a good time to sit and analyse what has been achieved and to look at the way forward,” Hayden said. “We've had some big wins, but we know there's much more work to be done so we remain focused on the task at hand,” he continued.

Chief among the positives SVREL has been able to achieve under its new management, are the painting of the building, the implementation of free entry to the North and Club stands, the re-sanding of the track and the on-time payment of purses. Previously, the period for payouts was eight weeks; now SVREL has reduced that time period to within five days.

“We're pleased that the work we are doing is being recognised, and we're happy for the support of those in the industry, without whose input and feedback we wouldn't have made the gains we have. From the physical facelift to the improved efficiency in different areas, folks are more upbeat and positive about the Caymanas Park experience,” Hayden said.

“We're celebrating the progress made even as we look down the track to ensure that the momentum is sustained, and that ultimately, profitability for SVREL is achieved. There are several exciting developments being planned, and we'll continue to work at a steady pace to implement them over the short, medium and long term,” he stated.

SVREL acquired Caymanas Park on March 7, 2017.




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