Supreme Ventures Limited (SVL)has advised that the Company signed the deal with the Government of Jamaica for the acquisition of the operations of Caymanas Track Limited (CTL) on Friday, February 10, 2017. SVL submitted its bid in September 2015, and was approved as the preferred bidder on March 15, 2016.
Supreme Ventures’ tenure as the new operators of the Caymans Park Operations commenced on March 7, through its wholly-owned subsidiary Supreme Ventures Racing & Entertainment Limited (SVREL). The operations include horse-racing and simulcast promotion, as well as pari-mutuel pool operations.