decoupling

Gulfstream Horsemen's Organization To Rejoin The National HBPA

The horsemen's organization representing thoroughbred owners and trainers at Gulfstream Park is rejoining the National HBPA as an affiliate, the group announced Monday. The board of the National Horsemen's Benevolent and Protective Association, North America's largest group representing thoroughbred owners and trainers, unanimously approved re-admitting the organization currently called the Florida Thoroughbred Horsemen. Known as the Florida HBPA for years, the South Florida group left the National HBPA in 2019. "Our full board had serious discussions about the request of the South Florida horsemen to return as an affiliate," said...

[ Read More ]
Thoroughbred Racing Initiative Launched to Fight Decoupling

Breeders and horsemen aiming to fight Florida's decoupling bills launched the Thoroughbred Racing Initiative (TRI) Tuesday, billed as "an industry collaboration created to fight for live horse racing in Florida and elsewhere in the United States," according to a release from the new organization. Thayer Communications & Consulting's Damon Thayer, a 22-year veteran of the Kentucky State Senate and Majority Floor Leader for 12 years, has been picked as senior adviser of the group. Decoupling has been an issue at the forefront of the sport for the past month, when...

[ Read More ]
OBS Open Letter To The Industry On Florida Decoupling Legislation

With an economic impact of more than $3.2 billion to the state, the importance of the Thoroughbred industry in Marion County, and Florida as a whole, cannot be overstated. Any action that threatens the viability of our racing and breeding operations is deeply troubling and unacceptable. Ocala Breeders' Sales Company, Inc. (OBS) is proud to be the leading seller of two-year-olds in training in the world and while the sales attract a broad group of domestic and international buyers, it is critical that OBS along with the Florida horsemen and...

[ Read More ]
Florida Committee Not Only Advances Gulfstream Decoupling Bill, but Gives Tampa an Option to Cease Racing, Too

Florida's controversial decoupling legislation took an ominous step forward Wednesday when a House subcommittee not only advanced a bill that would remove the requirement that Gulfstream Park run a minimum number of live Thoroughbred races in order to operate its casino, but also amended the bill to say similar terms would apply to cardroom gaming license-holders, too, meaning Tampa Bay Downs would also have the option to cease racing if the bill got signed into law. The House Industries & Professional Activities Subcommittee reported HB 105 as "favorable" by a...

[ Read More ]
FTHA Issue Statement Opposing Decoupling Legislation

The Board of the Florida Thoroughbred Horsemen (FTH) met Monday to address HB 105, the pending legislation seeking decoupling in Florida that would allow Gulfstream Park to separate its gaming license from the requirement to continue to conduct live racing. The Board of the FTH voted unanimously against decoupling and is against the passage of HB 105. Their statement issued Monday reads: "The future of Thoroughbred racing in South Florida is too important and too uncertain if HB 105 is passed. We cannot take that risk without a definitive plan...

[ Read More ]
As Did Kentucky, Florida Legislature Should Bet On Live Racing

A Letter To The Industry from Damon Thayer The Florida State Legislature is facing a crossroads similar to what we in Kentucky's General Assembly faced in early 2021. At stake, as it was in Kentucky, is the future of the labor-intensive horseracing and breeding industry in that state. With strong support from horsemen whose livelihoods were at risk, Kentucky lawmakers passed legislation that allowed the racing industry to invest in itself by protecting tracks' ability to conduct and benefit from another parimutuel product known as historical horse racing (HHR). Today,...

[ Read More ]
Letter To The Editor: Gulfstream, Santa Anita, And Decoupling

Pegasus Day at Gulfstream is one of my most enjoyable days at the races. The melding of great entertainment, world-class horses, and a great vibe shows racing at its best. It is expensive to put on and showcases our sport in the highest light. It is also the most ironic considering the recent announcement regarding the closing of Gulfstream and seeking development absent horse racing. I was perplexed to listen to Belinda Stronach on Pegasus Day speak of the non-compatibility of racing in an urban environment, despite all of the...

[ Read More ]
With Decoupling Threats Casting Doubt On Future of Gulfstream Park, Owner Vaccarezza Pushing For New Group To Represent South Florida Horsemen

When it was announced by The Stronach Group (TSG) earlier this month that it had the blessing of the group representing horsemen in South Florida to push for the decoupling of the track's racing and casino licenses it looked like TSG had scored an important victory. To have the horsemen on its side would no doubt make it easier to convince legislators to make the necessary changes that would allow the track to focus its attentions on building a new, full-service casino on the track grounds and eventually shut down...

[ Read More ]
Open Letter to the Industry: FTBOA Stands Firm

By now we are all well-informed of Gulfstream Park's intent to decouple their casino gaming from live racing responsibilities. I have no doubt they are very serious about abandoning live racing while expanding casinos and property development. This cynical action arrives on the heels of historic stimulus legislation--led by the Florida Thoroughbred Breeders' and Owners' Association and our strong allies in Tallahassee--that stabilized racing and breeding economics. The only outstanding ingredient for an ascendant industry--racetrack operators committed to the live race. As you consider the future of the Florida Thoroughbred...

[ Read More ]
Open Letter to the Industry: The Domino Effects of Decoupling

Horse racing is woven into the cultural and economic fabric of Florida as well as the United States. For generations, our sport has brought communities together, created jobs, served as the foundation for vibrant local economies and sparked an economic-driving industry. However, the proposed changes in Florida House Bill 105, supported by The Stronach Group (TSG), threaten to unravel this legacy by decoupling live thoroughbred horse racing from gaming operations. This legislation is not just a Florida issue; it represents a dangerous precedent that could jeopardize the future of horse...

[ Read More ]
FTHA Statement on South Florida Racing

Edited Press Release The board of the Florida Thoroughbred Horsemen's Association met to discuss the recent statements made by Keith Brackpool on behalf of the Stronach Group, 1/ST Racing, and Gulfstream Park. According to the press release sent Friday, all discussions with Gulfstream to date had been premised on continued racing, not shutting down Gulfstream Park with or without decoupling. The statement continues that when representatives of Gulfstream Park approached the FTHA last summer, they proposed how to best save racing in South Florida as part of an overall plan....

[ Read More ]
Gulfstream Park's Future: “It's Become A National Issue”

A week and a half before Saturday's Pegasus World Cup, Gulfstream Park's glitziest event of the year, former The Stronach Group (TSG) executive Keith Brackpool stood before an assembled group of industry stakeholders and warned them the event might not go ahead in 2029, even if a bill to decouple Thoroughbred horse racing from casino licenses passes the state legislature. "We have said, this passes, this bill passes, that we will commit to racing here at Gulfstream at least through 2028," Brackpool told the crowd, according to a recording of...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.