future of horse racing

Florida's polarizing decoupling legislation, which 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, recently had its first reading in the House of Representatives and remains pending at the committee level in the Senate. The bill has the backing and was launched at the impetus of Gulfstream's corporate owner, The Stronach Group (TSG). But in a solidarity twist that supersedes his family's business ties, 92-year-old Frank...

Breeders and horsemen aiming to fight Florida's decoupling bills launched the Thoroughbred Racing Initiative (TRI) Tuesday, billed as "an industry collaboration created to fight for live horse racing in Florida and elsewhere in the United States," according to a release from the new organization. Thayer Communications & Consulting's Damon Thayer, a 22-year veteran of the Kentucky State Senate and Majority Floor Leader for 12 years, has been picked as senior adviser of the group. Decoupling has been an issue at the forefront of the sport for the past month, when...

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...

The Stronach Group (TSG) has told Florida industry stakeholders they can guarantee racing at Gulfstream Park only through 2028 if a proposed bill to decouple Thoroughbred horseracing from casino licenses passes the state legislature. In a closed-door meeting with the Florida horsemen and women Wednesday morning—a recording of which was obtained by TDN—Keith Brackpool, a former TSG executive now reportedly working in an advisory capacity for the company, also warned that "if there's no decoupling, then there's no guarantee of when we will continue to race," according to the recording....

by Sara Gordon and Katie Petrunyak How do we guarantee a future for horse racing? Many will offer answers such as increased equine and track safety, improved wagering opportunities, and modernizing and embracing technological advancements. And though those are all extremely important, it will all be for naught if there is no incoming generation to grow the fan base and ultimately, hopefully, join the industry's workforce. That's where Amplify Horse Racing comes in. Founded in 2019 by Annise Montplaisir, now the Executive Director, and Madison Scott, a member of the...

This past weekend, my husband and I brought five of his old high school friends to their first Kentucky Derby. The group grew up together in Baltimore and while some of them have been to the infield at the Preakness, the Derby was their first authentic race-day experience. They flew in from various parts of the East Coast. One is an engineer, two are wealth managers, one works in investment banking and another is in business consulting. They are all hard-working, fun, intelligent 26 and 27 year olds. In short,...