A bill advancing through the Florida legislature could allow Tampa Bay Downs and Gulfstream Park to cease live horse racing while maintaining other gambling operations. The proposal, known as “decoupling,” passed a House subcommittee vote and is headed for further review. Proponents argue that it provides racetracks with greater business flexibility and independence.
Critics warn that decoupling could devastate Florida’s horse racing and breeding industries, which contribute billions of dollars annually to the state’s economy. Concerns have been raised about the potential ripple effects on local economies, job losses for industry workers, and the impact on businesses that benefit from live racing season.
The bill still requires approval from additional House committees and a matching Senate version before it can become law. As debates continue, stakeholders in Florida’s horse racing community remain divided over whether decoupling will ensure long-term viability or lead to the end of the industry.