FTBOA

Valerie Dailey Named New FTBOA President

Valerie Dailey, a Thoroughbred breeder in Florida since 1985, has been elected President of the Florida Thoroughbred Breeders' and Owners' Association at a board meeting following the annual member meeting, the organization announced Friday. "I'm honored to have been selected to serve as president for a second time," Dailey said. "The industry has definitely changed since my initial term in 2022 and we have a challenging road ahead. My goal is to educate and get the word out about greatness of the Florida-bred Thoroughbred and our significant impact on the...

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Letter to the Editor: Florida Thoroughbred Breeders' & Owners' Association Issues Response to Letter Critical of Florida's Racing and Breeding Programs

Dear Editor: A July 31 letter printed by Thoroughbred Daily News criticized Florida's racing and breeding programs. This letter, seemingly targeted at the Florida Thoroughbred Breeders' & Owners' Association, compels a direct response, particularly given the source and timing. Considering the Source The author of this letter has not appeared as a breeder-of-record on a registered Florida-bred foal that we know of since 2019, holds no current Florida racing license that we are aware of, appears to have no recent Florida starts as an owner or trainer, and is not...

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'Encumbered' By 'Statutory Burden' Of Live Racing To Operate Slots, Gulfstream Files Lawsuit To Overturn Law

After this past spring's failed attempt to get a controversial bill passed in the Florida legislature that would have stripped a 40-days-minimum live racing requirement from its casino licensure, the owners of Gulfstream Park have filed a lawsuit against the Florida Gaming Control Commission (FGCC), alleging that the 2021 statute that allowed all classes of pari-mutuel licensees except Thoroughbreds to "decouple" from live racing as a condition of operating slot machines is an "unconstitutional special law and violates the equal protection clause of the Florida Constitution." Daniel Wallach, a Florida-based...

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Letter To The Editor: Florida Breds, A Broken Program Or Just A Rudderless Ship?

The Florida breeding program has a long and proud history that we all recognize is a major component of the racing industry in the state. Traditionally, we have been the strongest of the regional (non-Kentucky) programs, ranking ahead of California and New York despite our year-round racing program not being up to par with those two locations. Yet when The Stronach Group (TSG) took control of South Florida racing years ago, that status as a third-place racing state changed as our purses and handle numbers all trended upward while New...

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Mystic Lake Tops Florida-Bred Champions, Named Horse of the Year

The 2024 Florida-bred champions were honored at the Florida Thoroughbred Breeders' and Owners' Association (FTBOA) Awards Gala Monday night, and MGSW Mystic Lake (Mo Town) topped them all as she was crowned the Florida-bred Horse of the Year. In addition to taking home top prize, the filly also claimed the champion 3-year-old filly and female sprinter titles after assembling a 2024 resume which included wins in the GIII Miss Preakness Stakes and the GII Charles Town Oaks as well as three Listed/Black-type races. Mystic Lake's breeder Peggy Costanzo was presented...

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Letter to the Editor: On Decoupling's Defeat in Florida

Just as two of our greatest race days unfolded at Churchill Downs, our sport received great news as the Florida Senate held firm and did not take up the decoupling bill that had passed the House a few days earlier. For the first time I can remember, the effort to defeat decoupling brought so many people in the industry together. I personally wanted to congratulate the Thoroughbred Racing Initiative and their team, organized by members including David O'Farrell, Damon Thayer, Barry Eisaman, Mark Casse, Tom Ventura and many others. They...

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Florida Decoupling Dead In The Water As Regular Legislative Session Ends

The Florida Legislature has concluded policy discussions for the 2025 Regular Legislative Session, effectively killing the proposed decoupling provisions of Senate Bill 408, House Bill 105, and House Bill 1467, all of which the Florida Senate declined to approve for final passage, the Florida Thoroughbred Breeders' and Owners' Association said in a press release late on Friday. However, Florida law requires the legislature to pass a balanced state budget each year. To meet this constitutional requirement, the legislature has extended the session through June 6, but has limited the focus...

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Paddock at Gulfstream Park
Florida House Passes Five-Year Decoupling Bill

The Florida House of Representatives on Friday passed controversial Thoroughbred decoupling legislation by a 70-34 vote at 6:10 p.m. HB 167 is a wide-ranging gaming bill, but the only section of it that came up for debate during the Apr. 25 legislative session was the decoupling aspect. As passed by the House, the bill would remove a statutory requirement that Gulfstream Park and Tampa Bay Downs run a minimum number of live Thoroughbred races in order to operate the respective casino and card room at each venue. The language of...

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As Session Nears End, Florida House Tax Bill Attempts To Strip Out FTBOA From Existing Purse Subsidy Law

A sprawling, 133-page tax package in the Florida House of Representatives that got advanced by that chamber's Budget Committee on Tuesday includes a small section tacked onto the end of the bill that would maintain $27.5 million in annual purse subsidies at Gulfstream Park and Tampa Bay Downs while stripping out the Florida Thoroughbred Breeders' and Owners' Association (FTBOA) as a receiving or administering entity for that money. The annual purse subsides were signed into law last year. Although the dollar-amount allocation for Thoroughbred entities would remain the same, the...

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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...

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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...

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Rated By Merit Stays Perfect In FTBOA's Affirmed Stakes

Rated by Merit, yet to be headed in two prior starts including a last-out win in the Florida Sire Series Dr. Fager Stakes Sept. 7, stepped up to seven furlongs Saturday and kept his perfect record in tact with yet another gate-to-wire victory in the Affirmed Stakes at Gulfstream. Bet down to 1-5 off two wins by more than 10 combined lengths, the favorite again jumped to the lead but took pressure from Neoequos through the half in :45.45. Finally turning that rival away off the turn, Rated by Merit...

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