stakeholders

Tuesday's Horseracing Integrity and Safety Authority (HISA) virtual town hall was a free-wheeling affair, with the bulk of the two-hour meeting spent on a discursive question-and-answer segment moderated by trainer Ron Moquett and bloodstock agent David Ingordo, two members of HISA's horsemen's advisory board. The initial focus of the town hall was HISA's 2026 budget. This year's gross budget, recently approved by the Federal Trade Commission (FTC), comes to $77.2 million. If all the available credits are utilized by the industry, the net budget comes out to $60.6 million (though...

Just last week, the Horseracing Integrity and Safety Act (HISA) Authority released its latest safety figures, showing a four-quarter consecutive decline in equine fatalities. Indeed, in the second quarter of this year, tracks operating under HISA reported 0.76 racing-related equine fatalities per 1,000 starts--significantly lower than the perennial national average. But on the flip side of these statistics is an ongoing concern among stakeholders that the enforcement arm of the national program is in certain areas proving too onerous, and that the penalties aren't always an appropriate response to the...