TOBA Weighs in With Opposition to Decoupling Legislation in Florida

[Wandering Eyes]

In response to the proposed bill that would remove the requirement that Florida tracks run a minimum number of live Thoroughbred races in order to operate their casino and cardrooms gaming licenses, the Thoroughbred Owner and Breeders Association weighed in on what the action would mean to racing should if the bill was signed into law.

The statement from TOBA read: “The Thoroughbred Owners and Breeders Association (TOBA) fully supports the Florida owners, breeders and horsemen's stand against the decoupling of live horseracing from the ability of a racetrack to conduct alternative gaming in Florida.

Thoroughbred racing and breeding support a far-reaching agricultural ecosystem and preserve greenspace. Beyond the Thoroughbred farms and training centers are tack and feed suppliers and the farms that grow the feed, equine services and products, professional services, hospitality, construction and farm equipment, and transportation businesses all supported by Thoroughbred breeding and racing. This agricultural ecosystem needs racetracks and live racing to exist and vice versa. Decoupling incentivizes racetrack operators to end live racing and break the relationship between farm and track thereby causing great harm to the agricultural economy.

A healthy Florida Thoroughbred breeding and racing industry is not only important to those owners, breeders and horsemen in Florida, but nationwide. Any harm to the Florida Thoroughbred industry brought about by decoupling will be acutely felt throughout the U.S. Thoroughbred industry and therefore TOBA is opposed to decoupling.”

 

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