Fort Erie Live Racing Consortium

Name

Fort Erie Live Racing Consortium

Legal name

Fort Erie Live Racing Consortium

Website

https://forterieracing.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Horse Racing Venue & Pari-Mutuel Wagering

NAICS

Racetracks (711212), Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Racetrack & Race Meeting Operations (MPAEADAA)

akta.pro secondary industries

Racecourse Hospitality, Sponsorship & On-Track Experiences (MPAEADAM), Racing Technology & Timing/Tracking Infrastructure (MPAEADAN)

Keywords

• Horse racing venue
• Pari-mutuel wagering
• Simulcast betting
• Live racing events
• Thoroughbred racetrack

Headquarters

HQ city

Fort Erie

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Live Horse Racing & Wagering: The primary revenue stream is generated through pari-mutuel wagering on live horse racing events. Customers place bets through the Racebook, which is open daily from 11:30 am to 7:30 pm. The track hosts live racing events throughout the season with free admission.
2. Food & Beverage Services: Revenue generated from on-site dining operations including the Turfside Dining Room, bars, concession stands, and group dining events.
3. Event Venue Rentals & Promotions: Revenue from hosting special events including concerts, food festivals (Fort Foodie Fest), Track-O-Lantern, and specialty racing events like corgi and wiener dog races.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Fort Erie Live Racing Consortium operates the Fort Erie Race Track, a seasonal live horse racing venue offering pari-mutuel wagering through an on-site Racebook, simulcast and US Common Pool wagering, on-site food and beverage (Turfside Dining Room, bars, concession stands), and a calendar of specialty events such as corgi, basset hound and wiener dog races, Fort Foodie Fest, Tiki Bar Concerts, Track-O-Lantern and Farmers Market. Live racing admission and parking are free.

Product overview

Fort Erie Live Racing Consortium operates a single unified horse racing venue offering live horse racing as its core product. The company provides a comprehensive ecosystem of racing-related services including live streaming and replays, free race programs, simulcast wagering, photo finish verification, and a full-service Racebook. Additionally, the venue offers food and beverage services through the Turfside Dining Room and hosts various promotional special events including dog races and food festivals. The product portfolio centers on the live racing experience with complementary betting, dining, and entertainment services.

Differentiator

Problem solved

Functional benefit

Products and services

• Live Horse Racing Seasonal live thoroughbred horse racing events at the Fort Erie Race Track with free admission and free parking, open to individual race fans, families, and visitors.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Ontario RacingcoreOthersOntario Racing is the regulatory and governing body for horse racing in Ontario. Fort Erie Racing operates under Ontario Racing oversight as part of the Ontario horse racing regulatory framework.
• AGCO (Alcohol and Gaming Commission of Ontario)coreOthersAGCO is the regulatory commission overseeing gaming and racing operations in Ontario. Fort Erie Racing operates under AGCO licensing and regulatory compliance for pari-mutuel wagering.
• EquibasecoreTechnology or IntegrationEquibase provides race results data and race charts for Fort Erie racing events. The track links to Equibase for race result tracking and summary charts for the FE (Fort Erie) calendar.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Churchill Downs Incorporated: Major US-based horse racing operator (owns Churchill Downs, Derby City Gaming, multiple historical racing venues, and the TwinSpires ADW platform). A broader incumbent offering pari-mutuel wagering and racing-adjacent entertainment across many venues, illustrating the scaled end of the industry in which Fort Erie competes.

Direct peers

• Woodbine Entertainment Group: Operates Woodbine Racetrack in Toronto, the largest horse racing venue in Ontario. Direct peer operating pari-mutuel wagering, simulcast, dining, and event programming under the same AGCO and Ontario Racing regulatory framework as Fort Erie.
• Flamboro Downs: Harness racing track located in Hamilton, Ontario. Operates pari-mutuel wagering, simulcast, and on-site dining under the Ontario Racing regulatory framework with a comparable small/regional venue profile to Fort Erie.
• Hanover Raceway: Harness racing track in Hanover, Ontario. Small Ontario racing venue offering pari-mutuel wagering and seasonal live racing, structurally comparable to Fort Erie in size and operational scope.
• Western Fair Raceway: Harness racing venue in London, Ontario. Operates pari-mutuel wagering, simulcast, and on-site F&B under the Ontario Racing framework with a comparable regional racing-and-events model to Fort Erie.
• Rideau Carleton Raceway: Harness racing and slot operation in Ottawa, Ontario. Combines pari-mutuel wagering, simulcast, and gaming under Ontario Racing oversight with a similar multi-revenue regional venue model to Fort Erie.
• Grand River Raceway: Harness racing venue in Elora, Ontario. Operates live racing, pari-mutuel wagering, and on-site hospitality events under the Ontario Racing framework, closely comparable in scale and seasonal operating model to Fort Erie.
• Ajax Downs: Quarter horse racing track in Ajax, Ontario. Operates live racing and pari-mutuel wagering under Ontario Racing oversight with a similar small-team, regional-venue profile to Fort Erie.

Regional players

• Assiniboia Downs: Thoroughbred racetrack in Winnipeg, Manitoba. Operates pari-mutuel wagering and on-site hospitality in a Canadian province outside Ontario, comparable in operating model but distinct in geography from Fort Erie.
• Marquis Downs: Horse racing venue located at Prairieland Park in Saskatoon, Saskatchewan. Operates seasonal thoroughbred racing and pari-mutuel wagering, similar in regional, small-scale profile to Fort Erie but serving a different Canadian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fort-erie-live-rcaing-consortium

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fort Erie Live Racing Consortium