The National Assembly of Guyana has approved the Horse Racing Authority Bill 2024, aimed at establishing a regulatory framework for the horse racing industry, which has faced significant disputes in recent years. The bill was introduced by Culture, Youth and Sport Minister Charles Ramson on December 18, 2024.
The legislation outlines the formation of a governing board for the Horse Racing Authority, consisting of five to seven members with expertise in law, business, horse racing, or related fields. The Minister will appoint a chairperson, while the board members will elect a vice-chairperson.
This regulatory framework is expected to enhance the governance of horse racing in Guyana, promoting stability and professionalism within the sport.