After much consideration and discussion, Prairieland Park regretfully announces the cancellation of the 2021 Thoroughbred racing season at Marquis Downs.
This is the second year in a row that Prairieland has had to make this difficult decision. Given the ongoing restrictions surrounding Covid-19, including logistical issues related to the ability to get jockeys into Canada given travel restrictions, quarantine requirements, visa
approvals, and extremely limited airline scheduling to the Caribbean, meant that Prairieland could not commit to a race meet this year.
76% of our professional jockeys come from the Caribbean.
Like many other businesses, Prairieland Park has seen a 90% reduction in its overall operations. Net profit declined by 82% in 2020 and projected losses from this year will exceed $2,000,000. Prairieland’s revenue is derived from trade shows, banquets, agricultural exhibitions, and the Exhibition itself. All of these business units have been unable to open due to Covid-19 and the effect of that has been a significant reduction in revenues.
To help maintain its strong balance sheet Prairieland Park has been forced to make many difficult decisions over the last year. The primary commitment is opening operations when safe to do so.
As other public health restrictions are more clearly known, Prairieland will make further announcements, including the status of the Saskatoon EX.