Florida Governor Ron DeSantis

Paddock at Gulfstream Park
Florida Budget Signed, Includes Ongoing Incentives to Racing Industry

Florida Governor Ron DeSantis signed into law Monday a budget package that includes a continuation to, and in certain ways a redistribution of, the incentives and promotions that lawmakers have funnelled towards the state racing and breeding industries in recent years. The budget includes the following details: $15 million to Gulfstream Park and $5 million to Tampa Bay Downs for purses "and for the maintenance and operation" of these facilities. This mirrors the amounts listed for such purposes in last year's budget. $6 million to Gulfstream Park and $1.5 million...

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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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