Florida Thoroughbred Breeders' and Owners' Association

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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Florida Committee Not Only Advances Gulfstream Decoupling Bill, but Gives Tampa an Option to Cease Racing, Too

Florida's controversial decoupling legislation took an ominous step forward Wednesday when a House subcommittee not only advanced a bill that would remove the requirement that Gulfstream Park run a minimum number of live Thoroughbred races in order to operate its casino, but also amended the bill to say similar terms would apply to cardroom gaming license-holders, too, meaning Tampa Bay Downs would also have the option to cease racing if the bill got signed into law. The House Industries & Professional Activities Subcommittee reported HB 105 as "favorable" by a...

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Open Letter to the Industry: FTBOA Stands Firm

By now we are all well-informed of Gulfstream Park's intent to decouple their casino gaming from live racing responsibilities. I have no doubt they are very serious about abandoning live racing while expanding casinos and property development. This cynical action arrives on the heels of historic stimulus legislation--led by the Florida Thoroughbred Breeders' and Owners' Association and our strong allies in Tallahassee--that stabilized racing and breeding economics. The only outstanding ingredient for an ascendant industry--racetrack operators committed to the live race. As you consider the future of the Florida Thoroughbred...

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OwnerView Webinar Covers State Incentive Programs, Addresses Declining Foal Crop

The ninth installment in the 2024 OwnerView webinar series was held on Nov. 5 and discussion covered the various ways state incentive programs approach supporting the equine industry, especially when it comes to a declining foal crop, according to a Friday Jockey Club press release. The panel consisted of Cricket Goodall, executive director of the Maryland Horse Breeders Association Inc., the Maryland Million Ltd., and the Maryland Horse Foundation; Roger Heitzmann, secretary and executive director of the Louisiana Thoroughbred Breeders Association; Steve Koch, the associate vice president of operations for...

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Isaacs Re-Elected FTBOA President

Edited Press Release The Florida Thoroughbred Breeders and Owners Association (FTBOA) announced Oct. 25 that George Isaacs, general manager of the historic Bridlewood Farm located in Ocala, was re-elected president of the organization at a board meeting following the annual member meeting. "Having served many years on the board of directors for the Florida Thoroughbred Breeders' and Owners' Association, I have witnessed great dedication from the staff, board members and membership in making our organization flourish," Isaacs said. "I am grateful to our entire team for being vital to the...

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FTBOA Unveils New Online Search Registry

The Florida Thoroughbred Breeders' and Owners' Association has unveiled an enhanced online registry search to allow owners to easily confirm a Thoroughbred's current FTBOA Florida-bred registration status, Florida Sire Stakes eligibility and to verify registered Florida Stallions. The online Registry Search, FTBOA.com/registrysearch, allows users to search and sort foaled-in-Florida Thoroughbreds by name, dam name, sire name or by foal crop. FTBOA icons indicate fully registered FTBOA Florida-breds. The Florida Sire Stakes icon confirms that a Thoroughbred has been fully paid into and is eligible to participate in the lucrative Florida...

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Economic Impact Study Confirms Florida's Equine Power as a Top National Horse Industry

According to the recently released American Horse Council Foundation 2023 Equine Economic Impact Study, the Florida equine industry contributes $12.8 billion to the Florida economy. Florida Thoroughbreds contribute $3.24 billion annually to the Florida economy, more than one-quarter of that horsepower. The study commissioned by the American Horse Council reaffirmed the status of the Florida equine industry, and specifically Thoroughbred horse racing, as a major sports and agricultural industry within the state. Florida remains the third-leading equine state by population (behind Texas and California) with 335,000 head creating more than...

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2024 Florida-Bred Incentives At Gulfstream Park Released

An unprecedented $2.1 million will fill the Florida-Bred Incentive Fund (FBIF) for overnight race conditions to start the new year, the Florida Thoroughbred Breeders' and Owners' Association (FTBOA), Gulfstream Park and the Florida Thoroughbred Horsemen's Association said in a combined release Wednesday. Independently, the FTBOA revealed that an additional $1.3 million of Florida-bred race incentives on Gulfstream Park stakes and selected overnights to complement the expanded FBIF and longstanding Florida-Sire Sire Stakes 2-year-old series is on tap. The combined programs, totaling $4.6 million, are substantially enabled by HB 7063, a...

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FTBOA Reelects George Isaacs as President

George Isaacs, general manager of Ocala's Bridlewood Farm, has been reelected as the Florida Thoroughbred Breeders' and Owners' Association (FTBOA) president, according to a release put out by the organization Wednesday. Following the annual member meeting, the FTBOA held a board meeting and also named Rustlewood Farm's George Russell the first vice president, Summerfield's Francis Vanlangendonck the second vice president, Ocala Stud's Joseph M. O'Farrell as treasurer, and Nick de Meric, who operates de Meric Stables and Sales, as secretary. "I have been fortunate to lead FTBOA at a time...

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Florida Breeder And Stallion Awards Upped

The Florida Thoroughbred Breeders' and Owners' Association reported a substantial increase in awards will be paid to breeders and stallion owners for 2024 through their Annual Awards Plan that was approved by the Florida Gaming Control Commission, the organization said in a release Thursday. The plan increases, which were enabled with the enactment of HB 7063, would increase Florida breeder and stallion awards by one-third, from the 15% level in 2023 to as much 20% of the announced gross purse in 2024. HB 7063 is a $1.3 billion tax package...

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