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HomeHorse Racing IndustryThe Threat of Decoupling: How Florida House Bill 105 Could Impact Horse...

The Threat of Decoupling: How Florida House Bill 105 Could Impact Horse Racing Nationwide

The proposed changes in Florida House Bill 105 threaten to decouple live thoroughbred horse racing from gaming operations, which could have national implications for the horse racing industry. Historically, the horse-racing industry has been a key partner in establishing casinos in many states, benefiting from the revenues generated by gaming. If decoupling becomes the norm, it could lead to the closure of tracks, loss of jobs, and further separation of the sport’s cultural and agricultural significance in states across the country.

Live horse racing is not just a sport, but an economic engine that supports thousands of jobs and generates millions of dollars in revenue for states like Florida. Allowing gaming licenses to exist without live racing breaks the promise that revenues would support live racing, rural economies, and agricultural industries. Decoupling could undermine the long-term health of the horse-racing industry and its connection to fans and agriculture for future generations.

The National HBPA is urging horsemen and women across the country to stand united in opposing Florida HB 105 and similar legislation that threatens the future of live racing. It is important for industry stakeholders, fans, and supporters of horse racing to make their voices heard to Florida legislators to ensure they understand the implications of decoupling on jobs, communities, and the industry as a whole. The future of horse racing depends on protecting the industry and the sport that has contributed so much to states and communities.

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