Regulation

The Horseracing Integrity and Safety Act's proposed 2026 budget has been out for its mandatory public comment period and is now before the Federal Trade Commission (FTC). The topline comes out to just over $78.4 million. If credits to the industry are fully applied, then the cost to the industry is around $60.4 million. HISA has already responded to nine public comments posted to the federal register. Its response, however, doesn't include those subsequently submitted by Churchill Downs Incorporated's (CDI) CEO, Bill Carstanjen. CDI is hardly an impartial voice in...

Light Up Racing continues to respond to the New York Times piece on horse racing written last week. In an email to members Monday, the organization encouraged positive action such as writing letters to local newspapers and talking about safety advancements on social media platforms. In their Letter to the Editor, Light Up Racing writes in part: "Long before the Super Bowl or the World Series, horse racing was America's first great sporting event. It has brought people and horses together for generations, shaping the cultural and economic fabric of...

A new licence for racehorse syndicators and racing club managers, which aims to further strengthen the regulation of shared ownership, was introduced on Thursday by the British Horseracing Authority (BHA). The licence will apply to anyone wishing to manage a syndicate or racing club that advertises publicly or that they are paid to administer. This includes licensed trainers who run their own syndicate or racing club. Its introduction follows a period of engagement with stakeholders, including an industry-wide consultation, to ensure that the regulation keeps pace with the increasing appeal...