Future of Cloverdale grandstand

These days the Cloverdale grandstand in the fairgrounds is a far cry from the grandstand that I knew as a kid. Today it is the home of Fraser Downs Racetrack and Casino. The casino came into being in late 2003 after the racetrack and many of the backstretch workers petitioned city hall to allow slot machines to help revive the sagging racing industry. Over the next two years the grandstand was revamped into the casino that stands on the fairgrounds today.

But how much life is left in it?

Although the casino has helped the racing keep its head above water, the reality is that wagering is down 10% from the past year and customers have found other venues for sporting entertainment. Purses are dropping, there are fewer race nights, and horse owners are earning less. Many are getting out of the business or relocating to other racetracks where they have a better chance of earning a living.

I've heard that Fraser Downs wants to open a show theatre on the grounds, similar to the Red Robinson theatre in Coquitlam or the River Rock in Richmond. The entertainers that frequent these theatres usually do both of them over a few day period, such as Kenny Rogers, The Beach Boys, and Air Supply. They would need to build the theatre on part of the racetrack ground. Probably be a bigger money earner that the end result between the wagers currently placed and the purse money paid out to the racehorse owners.

There are also grumblings from the provincial government in charge of gaming in BC about combining Thoroughbred and Standardbred racing onto the same racetrack because both breeds run about 6 months of the year, during the opposite months. Thoroughbreds race April to October, while Standardbreds race October to April. Sometimes with a few cross over weekends. The government said this will likely occur within the next 2 years. Between the racetracks in Cloverdale and Vancouver, the government prefers Vancouver - Hastings Park located on the PNE grounds.

More surprisingly the government says if all the horse racing is moved to Hastings Park, then the slot machines at Cloverdale will be relocated to the Great Canadian Casino's other location in Surrey.

So that leaves Fraser Downs Racetrack and Casino without horse racing and without slot machines. What else is left there? No one's going to convince me they'll still build a show theatre without an attached casino to draw patrons in.

Were all the upgrades to the original grandstand worth it for what could very well be less than ten years of actual use? I haven't heard any news on what the fate of the old grandstand will be if the Standardbreds move to Hastings and the slots are moved to the other casino.