There will be racing at Caymanas Park this weekend, that’s the word from Supreme Ventures Racing and Entertainment Limited Chairman Solomon Sharpe.

Confusion reigned in the local Horse Racing industry in the past 48 hours after a release from the Betting Gaming and Lotteries Commission ordered all betting parlours closed in which a breach would attract a one million dollar fine and a 12-month prison sentence.

The BGLC has since said it was a misunderstanding, but Supreme Ventures Racing and Entertainment Limited were already in the process of shutting down their operations as according to them it would make no sense having racing without the betting parlours which bring in 75 percent of their revenue.

But Sharpe says they have managed to put things back in place and will now proceed with racing this Saturday and Sunday without spectators.

Solomon Sharpe, Chairman of the Supreme Ventures Racing and Entertainment limited.