Camarero Racetrack to reopen after $15 million investment

The president and chief executive officer of Camarero Racetrack, Ervin Rodríguez Vélez, announced that the facilities will reopen on December 3, after an investment of US$15 million in its renovation.

The operating company plans to diversify its offer and in addition to holding horse races at its facilities, it will also hold concerts, festivals, dances, various sporting events, among others.

The new offer will include two restaurants, nine bars, an activity room, VIP suites, stores, terraces and a refurbished Club House.

“Successfully operating a world-class racetrack such as Camarero requires diversifying its offerings to the public, such as those mentioned above, which will be implemented as of December of this year and also includes outdoor terraces for family enjoyment and recreation,” said Rodriguez Velez.

He indicated that the plans for the inauguration of the renovated facilities this coming December 3, coincides with the celebration once again of the highly acclaimed “Night At The Races” on the first Friday of each month, followed on this occasion that same weekend with the celebration of the best equestrian event, the International Classic Del Caribe on December 4 and 5.

The best thoroughbred horses from Panama, Venezuela, Dominican Republic, Mexico, Jamaica, Ecuador, Trinidad and Tobago and Puerto Rico will participate in the event.

For the event, the Organizing Committee appointed Jennifer Cordova as Special Projects Coordinator and Joe Bruno Ortiz as Director of Press and Content.

Rodríguez Vélez said that the Camarero Group, owner of the Canóvanas oval, continues to demonstrate what Puerto Rican businessmen are capable of in order to operate an internationally recognized racetrack and also to develop projects that benefit the economy of Puerto Rico, such as the ones announced today.

“The Camarero Racetrack is the backbone of the horse racing industry and sport, and today we reaffirm our commitment to its strengthening and development in order to preserve the nearly 8,000 direct and indirect jobs it generates,” he said.

He explained that in order to fulfill its main mission with the industry and the equestrian sport, the strategic planning for the development of Camarero’s future activities and to improve its economic condition, takes into consideration the fierce competition to capture betting revenues from other games such as the Electronic Lottery, traditional lottery, slot machines and others.

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