KTA Issues Statement Against Florida Decoupling Proposal

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The Kentucky Thoroughbred Association (KTA) is the latest organization to come out in opposition to the recent decoupling proposal in the state of Florida that could result in the cessation of racing at Gulfstream Park.

At one point in time, Florida mandated that its racetrack conduct live racing operations in order to run a casino. Since those original regulations were eased, many tracks have suspended racing while continuing to run a casino.

As the Thoroughbred Horsemen's Association did on Jan. 9, officials at the KTA also issued a statement against the notion of decoupling on Jan. 20.

The statement reads: “Tracks and horsemen can forge a common and successful business strategy that need not be adversarial. Such collaboration brings dividends in Washington, Frankfort, Albany, or Tallahassee. Racing in the twenty-first century has shown it is a responsible custodian of alternative forms of gaming and attract billions of dollars of investment equally, to the betterment of our constituents, corporate profit, and tax revenue. We in Kentucky know what it looks like. 'Decoupling' is not it.”

While the KTA does have members in Florida, it says it possesses no official role in Florida racing.

“On behalf of these members and the greater industry, we are prepared to assist as they direct,” the statement concludes.

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