The Thoroughbred industry in Marion County, Florida, has an economic impact of over $3.2 billion and is crucial to the state’s economy. Ocala Breeders’ Sales Company (OBS) is a key player in the industry, generating income to sustain training and breeding operations. The push for decoupling by 1/ST Racing is seen as harmful to the industry and has faced strong opposition.
Decoupling would allow Thoroughbred racetracks to operate standalone slot and card casinos without funding purses and breeder awards. This move is criticized as selfish and harmful to the racing industry in Florida and beyond. The bill has caused concern and uncertainty in the industry, impacting breeding decisions and creating a disincentive to race.
Legislators in Florida have historically recognized the importance of Thoroughbred racing and breeding, implementing protective measures to support the industry. The opposition to decoupling is national, with leaders from various states speaking out against the bill. It is emphasized that supporting Thoroughbred racing in Florida is vital to protecting jobs and businesses in the industry.