October 16, 2025 Honorable Raymond J. Williams Director Virgin Islands Lottery P.O. Box 1103 St. Thomas, U.S. Virgin Islands 00804 Re: Invitation to Testify – Oversight Hearing on Horse Racing Revenues and Financial Oversight Dear Director Williams, As Chair of the Committee on Culture, Youth, Aging, Sports, and Parks, I respectfully invite you to testify at a critical oversight hearing to be held on Wednesday, November 19, 2025, at 10:00 AM at the Frits E. Lawaetz Legislative Chamber on St. Croix. This hearing will focus on the operational status and financial oversight of the Clinton E. Phipps Racetrack, with a specific emphasis on funding sources, transparency practices, and the Horse Racing Initiative Fund. Given the Virgin Islands Lottery’s historical and fiscal connection to horse racing and related revenues, your insights are essential to help the Committee: • Clarify how revenues from the Horse Racing Improvement Fund are being used currently • Outline the Lottery’s role in fund transfers and disbursements • Support the Committee’s review of financial accountability and equitable distribution across districts We kindly request that you submit written testimony and any supporting financial documentation no later than Wednesday, November 19, 2025. Should you have any questions or need assistance, please do not hesitate to contact my office. We value your continued service to the Virgin Islands and look forward to your contribution to this important discussion. Respectfully, The Honorable Angel Bolques, Jr. Chair, Committee on Culture, Youth, Aging, and Parks Senator At Large, 36th Legislature of the Virgin Islands Legislature of the Virgin Islands P.O. BOX 1690 ST. THOMAS, U.S. VIRGIN ISLANDS 00802 (340) 693-3571 CHAIRMAN Committee on Culture, Youth, Aging, Sports & Parks VICE-CHAIRMAN Committee on Economic Development & Agriculture MEMBER Committee of the Whole Committee on Rules & Judiciary Committee on Homeland Security, Justice & Public Safety Committee on Disaster Recovery, Infrastructure & Planning Sub-Committee on Energy & Infrastructure Development The Honorable Angel Bolques, Jr. Senator-At-Large 36th Legislature of the Virgin Islands