TOM LUDT JOINS THE STRONACH RACING AND GAMING GROUP

April 11, 2013 -- The Stronach Group is pleased to announce that Tom Ludt has agreed to join the Company as a Senior Vice President. of the Racing and Gaming Group. He joins us from Vinery Farms.

Tom Ludt has been the President of Vinery Farm since 2004. In that role he oversaw the significant breeding operations Vinery owned in Kentucky, Florida and New York. During his tenure, he recruited numerous stallion prospects to stand at all three locations. Tom also led the Racing Division, which produced numerous Grade 1 winners including a Breeders’ Cup Champion and an Eclipse Award winner.

Tom currently serves as Chairman of the Board of the Breeders’ Cup. He sits on numerous other Breeders’ Cup sub-committees; Governance, Compensation, Finance & Audit, Racing and Nominations, Marketing, and Race Day Medication Committee. As a condition of his employment with the Stronach Group Tom has agreed he will not stand for re-election as Chairman of the Breeders Cup although he will continue to serve as a Director. To ensure there will be no conflict of interest, Tom will recuse himself from any vote of the Breeders Cup Board, which involves future host sites for the event.

Alon Ossip, CEO of the Stronach Group said, "We are extremely pleased to have a person of Tom's knowledge and stature as a key part of our team. He will be a great asset to us as our Group continues to expand within the industry".

“I am really excited about this new position and honored that The Stronach Group has the confidence in my knowledge and ability to assist them inadvancing the sport of thoroughbred racing and gaming. My passion for the thoroughbred industry has led me through many doorsand this great opportunity is too good to pass up. I can’t wait to getstarted,” said Tom Ludt.

Tom is a former member of the Kentucky Horse Racing Commission, served as chairman of the International Wagering Hub for KHRA and a board member of the Thoroughbred Owners and Breeders Association.

Having been involved with many aspects of the industry through ownership, insurance, farm management, developing racing partnerships and stallion syndications and, his service on various boards, Tom has helped to achieve some significant changes in the integrity and safety issues. He brings a diversified perspective to the Thoroughbred Breeding and Racing Industry.

The Stronach Group is North America’s leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America's top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world's largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; Xpressbet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets. The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network and is North America's premier supplier of virtual online horseracing games, as well as a leading producer of social media content for horseracing. For more information contact Media Relations at 905-726-7600.