Lawful

A federal court in Kentucky on Wednesday issued a declaratory judgement in a lawsuit brought by Churchill Downs, Inc. (CDI) against the Horseracing Integrity and Safety Act Authority (HISA), ruling that assessment fees based on a purse-weighted methodology that the Authority used between 2022 and 2024 were "arbitrary and capricious, and therefore unlawful." However, the ruling did not vacate any of the previously issued HISA orders relating to those fees, noting that since the start of 2026, HISA and its governmental overseer, the Federal Trade Commission (FTC), have abandoned the...