Phumelela has confirmed that an agreement in principle has been reached with various interested parties, which will extend horseracing at Flamingo Park in Kimberley until at least the end of 2020.
With the support of the Racing Association, Phumelela is in the process of concluding an agreement with Gold Circle that also involves Mrs Mary Slack and Hollywoodbets.
The details of the agreement are still being finalised and full details will be released in due course.
Phumelela is issuing this communication in the meanwhile because it’s vital to provide clarity on the immediate future of the venue as soon as possible, particularly for affected stakeholders in Kimberley.
Phumelela wishes to thank the Racing Association, Gold Circle, Mrs Slack and Hollywoodbets for enabling the company to jointly find a solution to keep horseracing alive in Kimberley.
- Press release by Phumelela Gaming & Leisure Ltd on Friday 6 December 2019