Opposition to decoupling live horse racing from slot machine and card room permits in Florida is growing, with the Florida Thoroughbred Breeders and Owners Association (FTBOA) leading the charge. The group argues that live racing is essential for the industry, but critics point to data showing a decline in breeding statistics and the need for subsidies to prop up the industry.
Legislation to decouple the state’s two live racing thoroughbred tracks, Tampa Bay Downs and Gulfstream Park, is moving through the House despite being stalled in the Senate. Lawmakers have raised questions about the industry’s reliance on subsidies and the FTBOA’s use of revenue streams, including significant fees from horse breeders and owners required to register with the group.
Critics of the decoupling legislation, including the FTBOA, have raised concerns about job losses and the impact on the industry. However, some argue that many jobs in the industry are low-income, part-time, or supported by immigrant labor. The House version of the bill includes protections for the industry, such as a five-year guarantee of racing at the tracks, but the FTBOA remains opposed, calling the language “toxic” and warning of the potential decimation of Florida’s Thoroughbred industry.