Edited Release — The Stronach Group’s Belinda Stronach introduced 1/ST RACING & GAMING, an enhanced division of the company designed to position the core Thoroughbred horse racing business to fully capitalize on the future of sports wagering and gaming.
According to a Wednesday evening press release from the company, the 1/ST RACING & GAMING division will continue to oversee racing operations at 1/ST tracks and training centers while working to expand the company’s gaming footprint in collaboration with 1/ST TECHNOLOGY led by the division’s Chief Executive Officer, Paul Williams.
The shifting landscape of sports wagering, digital platforms and interest in high-quality content presents an opportunity for 1/ST to innovate to meet the demands of our modern consumers,” said Stronach. “An enhanced 1/ST RACING & GAMING business unit will enable us to move faster and more efficiently to deliver our unique, industry-leading Thoroughbred horse racing, gaming and sports entertainment content to the next generation audience.
Stronach has appointed Aidan Butler as Chief Executive Officer and Craig Fravel as Executive Vice-Chairman of the newly formed division. Butler has appointed Rikki Tanenbaum as Chief Commercial Officer and President of Gaming, and Stephen Screnci as President of Racing and Business Development.