Twenty-Four Years Later and We Learned Nothing

In the fall of 2002, a computer programmer named Chris Harn sat at his desk at Autotote in Delaware and showed this industry exactly what one man with a legitimate login could do to it. He didn’t break into anything. He didn’t have to. He had authorized access to a system with a gap in it, and he used that gap to rig the Pick Six on the biggest racing day of the year.

We apparently learned nothing.

There is a version of the past ten days that we all expected. Saratoga in full stride, the Travers and the Pacific Classic both on the horizon, yearlings changing hands for seven figures at Fasig-Tipton. That is the racing we should be talking about.

Instead, we are discussing a betting coup executed through betting shops in England, and about a man with an authorized login who spent at least six weeks pulling horse health records the rest of us were never allowed to see.

But this is where are in the Sport of Kings. The customer has the right to believe the game is straight, that everyone is competing on a level playing field, and too many of us know better.

The Fair Hill Five
Fair Hill Five

Start with Sunday, August 9. Five horses that had all been showing published workouts at the Fair Hill Training Center in Maryland turned up in races at Monmouth Park and Saratoga. Every one of them was coming off a long layoff. Four of them won.

At Monmouth, The Great Amira went off at over 17-1 and won by nine lengths. She had finished last in both of her previous starts and hadn’t been seen since February. One race later, her stablemate Tepeyac won by a half length at 3.8-1. Both were trained by Angel Quiroz.

Up at Saratoga, Classic Rock and M Bs Melanie Cares won for Ernesto Ochoa, listed as both owner and trainer — two horses Quiroz has acknowledged training until their owners sold them to Ochoa shortly before those starts. Quiroz’s fifth runner, Scootaloo, broke poorly at Saratoga and finished fourth.

Going into that Sunday, Quiroz had won two races all year. Ochoa had also won two. Between them they went four-for-five in an afternoon.

Any handicapper worth the price of a program can look at that sequence and feel something is off. Form reversals happen. Layoff horses win. Barns get hot. But four of them in one afternoon, out of the same training center, all off long breaks, all showing modest published works? That’s an epic betting coup, well executed to the detriment of the betting public.

The tell wasn’t the win prices. Those were roughly in line with the morning line. It was the daily double. The Great Amira paid $37.20 and Tepeyac paid $9.60. A $2 parlay of those two prices returns $178.56. The double paid $25.60.

Horse Racing Nation went back through the records to 1998 and found more than a thousand doubles with win prices in that same range. This one paid about 14 percent of the parlay. The worst previous ratio they could find was 31 percent. The median double actually pays better than the parlay, because it carries a single takeout instead of two. In other words, this was the worst-paying double relative to its win odds in at least twenty-eight years of American racing. Somebody hammered that combination hard enough to flatten the pool — on horses the past performances said had no business winning.

The real money, though, wasn’t in the American pools at all. It was in Britain, where bookmakers take fixed odds on American racing and where a bet, once struck, doesn’t move the price the way a mutuel pool does. According to the Racing Post, the operation worked the retail shops in cash, and it wasn’t confined to the five horses at Monmouth and Saratoga.

A sixth runner was live: Winston Wolf in the fourth at Colonial, entered under trainer Alexis Cordero-Lopez, who had made his previous start for Quiroz and had two workouts showing at Fair Hill.

Paddy Power’s Paul Binfield told the Racing Post they saw the business landing in their UK shops in real time, called it a remarkable attempted gamble unlike anything they’d seen, and acknowledged they were fortunate it only came in four-for-six. Reported bookmaker losses run into six figures.

HISA and HIWU are both investigating. Quiroz has denied that anything improper happened, telling Thoroughbred Daily News in substance that he ran his horses, they won, and he doesn’t see the problem. He is entitled to that defense and entitled to due process.

Then on August 13, HIWU charged him with an albuterol positive carrying a possible two-year ban. The sample came from a filly named Bonita Rough, taken after a half-mile breeze at Fair Hill on July 10 — a workout she was doing in order to get herself off the vet’s list.

Nothing about the coup has been proven. Whoever structured this did not need to fix a race. They only needed to know something about the condition of five horses that nobody could learn from the published record.

Professor Marshall Gramm

The dust had barely settled on the first story, when another major scandal arrived Monday afternoon.

HISA has charged Marshall Gramm — the Rhodes College economics professor, prominent owner through Ten Strike Racing, longtime contest player and member of The Jockey Club — with multiple rule violations, fraud among them, arising from unauthorized access to confidential horse health information.

Marshall Gramm BCBC winner

Photo courtesy of Carlos Guerrero

Here is what HISA says happened. Back in June, custom past performances for two horses, Deterministic and Griffin’s Wharf, showed up on social media carrying confidential health data that only those horses’ connections and regulatory veterinarians were supposed to see.

HISA investigated, brought in outside forensic analysts, and concluded that Gramm had spent roughly six weeks, from early May into mid-June, systematically pulling that data out of the HISA portal. According to HISA, he built an automated method to harvest it at scale, structured in a way meant to look like ordinary authorized use so the security systems wouldn’t flag it. Confronted with the findings, he acknowledged being the source of those two sets of past performances.

And during that same six-week stretch, per HISA, he played handicapping contests, bet into the pari-mutuel pools, and claimed horses across multiple jurisdictions. HISA says it will pursue restitution for the affected parties and hand its findings to law enforcement and the state commissions.

Gramm is contesting the charges and has said he intends to defend himself. His account is that the data sat inside his own authorized account, that he used his own credentials, that he circumvented no security protocol to reach it, and that he hadn’t fully grasped the scope of what the dataset contained when he pulled it.

He says his real failure was not flagging the vulnerability to HISA once the story went public, and he has apologized for that. He also argues that making him the story distracts from the access-control weaknesses that let the information sit there in the first place.

Here is another truth that is difficult to swallow. HISA built a system that allowed a credentialed user to vacuum up confidential health data on horses he had no connection to, at volume, for six weeks, without tripping an alarm. That is a real failure and it deserves its own reckoning. The industry should not let that get buried under the personality of the case.

Regardless, it doesn’t get Gramm off the hook.

I have spent a long time in the tournament world. I know what it takes to get to the NHC — the qualifying, the travel, the months of work, the small edges you scratch out from watching replays until your eyes hurt. The hope is that everybody in that room is playing the same game with access to the same information. We can continue to hope.

If HISA’s account holds up, players participated in recent contests alongside somebody who knew which horses had been treated for what, and when. Not through better handicapping. Through a database that none of us had access to.

According to Barstool Sports, Gramm finished second in NYRA’s Belmont Stakes Day handicapping event, winning $37,000 in prize winnings plus a $10,000 Breeders’ Cup Betting Challenge Seat. Yes, it took place during the six-week window Gramm had access to the vet records.

You can argue about intent. You can argue about whether the door was locked or merely closed. You cannot argue about what a horseplayer who finished one spot behind him is entitled to feel this week.

The Same Disease

Horse racing is not a sport that people bet on. It is a sport that exists because people bet on it. Strip out the handle and there is no purse structure, no breeding market, no Saratoga, no Del Mar. Every dollar of it flows from somebody who sat down with a program and decided the puzzle was solvable and worth attempting.

That decision rests on one assumption: that the gap between the sharpest player and the connections is a gap of skill and work, not a chasm of private and exclusive access. A good handicapper accepts that the trainer knows more than he does. That’s fine. That’s part of the game. What he cannot accept is that somebody else is holding the answer key.

Two coups inside two weeks, one financial and one informational, both built on knowing something structural that the paying customer was never permitted to know. That is not a run of bad luck for the horse racing industry. That is a system with the wrong incentives running through it, and it has been that way a long time. Will it ever change?

I went to school to work in the Thoroughbred racing industry and did so for thirty years. And I’ll tell you what I think about most weeks like this one: I’m relieved I no longer need this business to pay my mortgage. That is not a thing a person should feel about a sport he loves, and the fact that I feel it should worry the people running it a great deal more than it worries me.

What Has to Change

I write this article because I’ve spent my life in this game and I would like there to be a game left. But things have to change.

Publish the vet’s list data. All of it. In real time. The instinct after a leak is to lock things down harder, and that instinct is wrong here. If information about a horse’s soundness is valuable enough that people are apparently misusing it to bet, then it is valuable enough that the betting public is entitled to it. Every horseplayer should see the same file at the same moment. Restricting it further just shrinks the circle of people holding the edge.

Conflict-of-interest rules with teeth. Anyone with access to non-public regulatory or health data — board members, club members, officials, software vendors, their families and their partners — should be barred from wagering into pools where that data matters, and should have to certify it annually in writing with real consequences for lying. This is not a novel idea. Every securities exchange in America runs on it.

Contest integrity standards. Tournament operators need eligibility rules covering exactly this scenario, and they need them now, not after the next BCBC or NHC.

Audit logging that actually works. HISA’s forensic review found the activity after the fact, which is better than nothing. But six weeks of automated harvesting should have set off an alarm somewhere around week one.

Honest reckoning with the fixed-odds exposure abroad. If our racing is offered at fixed odds overseas while our own integrity apparatus has no visibility into that action, we are making a mistake.

This is Where We Are

We got lucky twice, in a narrow sense. British bookmakers noticed the betting and said something. Sharp observers on social media flagged the double payout within minutes and asked hard questions about those past performances until somebody had to answer them.

Which brings me back to Chris Harn, and to the part of that story most people have forgotten. The Breeders’ Cup was not his first attempt. He and his crew had already run the identical play twice in the weeks before — a Pick 4 at Balmoral, a Pick 6 at Belmont two days later. Both worked. Nobody noticed either one. Investigators only found them later, working backward. Sound familiar?

What sank Harn at Arlington was luck, and not his own. Volponi won the Classic at 43-1, which left the group as the sole winner of a $3 million jackpot on a ticket whose structure audited itself. Had other legitimate tickets hit that afternoon, the pool splits, the bet goes unnoticed, and Harn goes back to his desk on Monday morning.

The question that ought to concern all of us is how many times nobody noticed at all.

These Racetracks Have Closed in the Last 10 Years

As of July 20, 2026

In a span of less than one month, two major ‘winter’ Thoroughbred tracks – Aqueduct and Hawthorne Racecourse – are on the verge of never racing again. The Big A is gone for good after 130 years of racing. Will Hawthorne follow suit? The track faces bankruptcy and potential closure/sale in 2026.

Here is a focused list of significant closures (primarily Thoroughbred or those that hosted TB racing).

Major Racetracks Closures (2016–2026)

  • Aqueduct Racetrack (New York) — Closed live racing in June 2026 after 130+ years. NYRA consolidated operations to the redeveloped Belmont Park and Saratoga as part of a strategic shift.
  • Golden Gate Fields (California) — Closed in 2024 after 83 years. Ended Thoroughbred racing in the San Francisco Bay Area; site redeveloped into a waterfront park. Impacted Northern California fair racing, leading to the closures of numerous fairs.
  • Arlington Park (Illinois) — Closed September 25, 2021, after 94 years. Sold by Churchill Downs Inc.; property purchased by the Chicago Bears for potential stadium redevelopment. Hosted the Arlington Million.
  • Calder Race Course (Florida) — Closed live Thoroughbred racing around 2020 (after 49 years). Site repurposed with casino and industrial elements.
  • Hialeah Park (Florida) — Ceased major Thoroughbred racing in 2016 (after 94 years as a premier venue). Limited or no live TB racing afterward, although they did run a few years with a Quarter Horse meet.

Other Notable or Related Closures 

  • Freehold Raceway (New Jersey, 2024, oldest US track). – Harness
  • Northville Downs (Michigan, 2024). – Harness
  • Suffolk Downs (Massachusetts, 2019).
  • Portland Meadows (Oregon, 2019).
  • Various smaller/fair tracks (e.g., in California, Montana, Idaho) and others like Pompano Park (FL, 2022), a popular Florida harness track.

Closing Day at Aqueduct – What You Need to Know

The New York Racing Association, Inc. (NYRA) will say farewell to Aqueduct Racetrack with a memorable Closing Weekend celebration on Saturday, June 27 and Sunday, June 28.

Aqueduct Racetrack, affectionately known as the Big A, opened on September 27, 1894, on property that belonged to the old Brooklyn Water Works, which was home to a conduit that brought water to New York City from the vast Hempstead Plain.

Through the years, the Big A has been the scene of some of racing’s landmark events, including Secretariat’s debut on July 4, 1972. Hall of Famers Man o’ War, Sword Dancer, Kelso, Buckpasser, Dr. Fager, Secretariat, Forego, Easy Goer and Smarty Jones built their legends at Aqueduct, and Cigar, for whom the Grade 1 Cigar Mile is named, won the first two races of his 16-race winning streak at the Big A.

One of the track’s most memorable events came without a horse in sight. On October 6, 1995, Pope John Paul II said mass before 75,000, speaking from a 300-foot-wide papal platform in Aqueduct’s infield. Though rain and wind had marred the first two days of the papal visit to New York, brilliant sunshine broke through just as the Pope began to speak. The crowd was Aqueduct’s biggest ever.

closing day at Aqueduct. Winner Secretariat.

Secretariat’s winner’s circle photo at the Big A, source NYRA.com

Aqueduct has lived several lives beyond racing, often opening its doors to serve the local community. In the aftermath of Superstorm Sandy in 2012, NYRA donated the use of the Aqueduct parking lot to the American Red Cross to operate a mobile feeding kitchen and relief supplies staging area.

In 2021, NYRA partnered with New York State to transform a large portion of the facility into a COVID-19 vaccination center. The site was a critical piece in the New York State led effort to quickly and efficiently vaccinate New Yorkers. The size and scope of the center, which occupied the entirety of Aqueduct’s first floor, required the closure of the facility to the general public for nearly 10 months. In the end, more than 300,000 vaccinations were administered on the first floor of Aqueduct.

From 1955-59, Aqueduct was completely rebuilt with a new grandstand, racing strip, barns, and accessory buildings. The new Aqueduct opened on September 14, 1959, to a crowd of 42,473 and rave reviews as the most up-to-date racing facility in North America. From 1963-67, during the prior reconstruction of Belmont Park, Aqueduct was the site of the Belmont Stakes.

Recently, Aqueduct Racetrack has served as the downstate home of NYRA racing during the transformation of Belmont Park into a world-class racing and entertainment destination. Following the substantial completion of the project, all downstate racing and training activities will be consolidated at Belmont Park and the Aqueduct site previously utilized for racing will be returned to New York State.

Events during Closing Day at Aqueduct

NYRA invites fans to celebrate Closing Weekend at Aqueduct Racetrack with a unique array of festivities. All weekend long, fans are welcome to view an onsite installation presented by Henry Kornaros of Public Opinion, featuring iconic Aqueduct photographs. In addition, NYRA’s official track photographer, Adam Coglianese, will host a pop-up booth offering a collection of free photographs as souvenirs.

On Saturday, June 27, a Caribbean-themed party will include live music and a free rum tasting hosted by Mount Gay.

Closing Day on Sunday, June 28, will offer fans a special ‘Final Photo’ opportunity at the Big A. The first 1,000 fans through the door will receive a souvenir mini mason jar of dirt from the Big A main track. Sunday will also feature live entertainment throughout the day.

General admission for Saturday and Sunday, June 27-28, which includes a commemorative racing program, will be $5 with proceeds going to the NYRA Foundation, a philanthropic effort designed to raise funding and awareness for the work of non-profits, service providers, thoroughbred aftercare groups and charitable organizations connected to horse racing. Kids under 18 are admitted free of charge.

How to Attend Closing Day at Aqueduct

For a full listing of onsite activities and to order tickets in advance.

While live racing will cease at the Big A following the June 28 program, Aqueduct will remain open for simulcasting through Labor Day, September 7.

Centered around a new, five-story grandstand featuring a variety of fan amenities and hospitality offerings, Belmont Park will re-open on Friday, September 18.

The Belmont Stakes presented by NYRA Bets will return to its Long Island home in 2027. In addition, Belmont Park has been selected to host the 2027 Breeders’ Cup World Championships, which will mark the first edition of the Breeders’ Cup to be held in New York State since 2005.

source: NYRA

Where Can I Watch Horse Races on TV?

Horse racing has long been called the “Sport of Kings,” and thanks to modern broadcasting, you don’t need to be at the racetrack to enjoy it. Fans can watch major races on national TV, follow live racing every week on specialized channels, or stream races online from anywhere in the world.

If you’re wondering “Where can I watch horse races on TV?” the answer depends on whether you want to watch the Triple Crown races, international events, or daily racing from U.S. tracks. Let’s break it down.

Major TV Networks for Horse Racing

NBC Sports

NBC is the broadcast home of the Kentucky Derby, Preakness Stakes, and Belmont Stakes—the three jewels of the Triple Crown. They also carry the Breeders’ Cup World Championships each fall. Coverage is typically available on the NBC broadcast network as well as NBC Sports digital platforms.

Learn more at NBC Sports Horse Racing.

FOX Sports

FOX Sports recently became a major player in horse racing broadcasting. They cover daily racing from the New York Racing Association (NYRA) tracks, including Belmont Park, Saratoga, and Aqueduct, under their “America’s Day at the Races” program.

Visit FOX Sports Horse Racing for upcoming schedules.

TVG / FanDuel TV

One of the most comprehensive horse racing networks is FanDuel TV (formerly TVG). Available on many cable and satellite packages, it broadcasts live horse racing every day from U.S. and international tracks, along with expert commentary, handicapping shows, and replays.

TVG Network Quenches Sports Fans’ Thirst for Live Content With Horse Racing From Around the Globe

Streaming Options for Horse Racing

Where can I watch horse races on TV? Of course, in this day and age, watching horse races isn’t limited to cable or broadcast TV anymore. Fans can easily stream live racing online:

  • NBC Sports app – Streams Triple Crown and Breeders’ Cup events.
  • FOX Sports app – Offers “America’s Day at the Races” coverage.
  • FanDuel TV+ app – Live-streams races and analysis programs.
  • Track websites – Some racetracks, like Churchill Downs and Keeneland, provide live-streaming directly on their websites.

International fans can also find streams through Racing TV (UK/Ireland) or Sky Sports Racing.

Can You Watch Horse Racing for Free?

Yes, you can watch horse racing for free but with some limitations. Nationally televised races like the Kentucky Derby on NBC are available free over-the-air, but some of the day’s coverage is on PeacockTV. Some racetrack websites also provide free live streaming of certain events. However, for daily coverage, a subscription or cable package with FanDuel TV or FOX Sports is often required.

Why Horse Racing on TV Still Matters

Even with streaming widely available, TV coverage brings a sense of tradition and excitement, especially for iconic events like the Derby. The high-definition broadcasts, professional commentary, and behind-the-scenes features provide an experience that casual fans and serious horseplayers alike enjoy.

Final Thoughts on Where Can I Watch Horse Races on TV?

Whether you’re a fan of the Triple Crown, daily racing action, or international meets, horse racing is widely available to watch on TV and online. NBC and FOX cover the biggest events, while FanDuel TV provides year-round access to races from around the globe.

If you want the full experience, combine TV viewing with streaming apps and track websites—you’ll never miss the thrill of the stretch run.

FAQs About Watching Horse Races

What channel is the Kentucky Derby on?
NBC is the exclusive broadcaster of the Kentucky Derby in the U.S. Some of the undercard races are shown on PeacockTV, NBC’s streaming platform.

Can I watch horse racing without cable?
Yes, you can watch free coverage of major races on NBC and stream races through apps like NBC Sports, FOX Sports, or FanDuel TV+.

Is FanDuel TV the same as TVG?
Yes, TVG was rebranded as FanDuel TV in 2022 but continues to cover daily horse racing across the U.S. and abroad.

Can I watch international horse racing on U.S. TV?
Yes, FanDuel TV and certain online platforms stream races from Europe, Asia, and Australia.


Other Handicapping Articles:

How to Handicap Hong Kong Horse Races

The Superfecta Wager

The Big Beautiful Bill and What It Means for Horseplayers

Imagine you’re playing a game where you win and lose some money, like betting on a horse race or playing cards with your friends. Right now, if you win $100 but lose $100, you don’t have to pay extra money to the government because you didn’t really make any profit. You have broke even, so no taxes to pay to the IRS.

President Trump’s “Big, Beautiful Bill” changes this game for a certain percentage of horseplayers (more on that later). Starting in 2026, if you win $100 and lose $100, you can only tell the government about $90 of what you lost. So, it looks like you made $10, even though you didn’t, and you might have to pay taxes on that $10. This new rule makes it harder for people who gamble a lot to keep their money.

Who does the “Big, Beautiful Bill” really affect?

This rule mostly affects people who gamble a lot, like professional gamblers who make a living playing poker, betting on sports, or wagering on horse races. These are people who win and lose big amounts of money all the time. For them, this new tax could make it tougher to make money because they’ll owe taxes even if they don’t really come out ahead.

Is the average gambler affected?

If you’re just someone who bets a little bit—like putting $20 on your favorite football team, playing a few poker games with friends, or picking a horse at the races once in a while—this probably won’t affect you much. The average gambler doesn’t win or lose enough money for this new rule to make a big difference. It’s really aimed at people who gamble huge amounts, not casual players like most horseplayers fall into. In short, this bill makes taxes trickier for big-time gamblers starting in 2026, but if you’re just having fun with small bets, you probably don’t need to worry.

How the “Big, Beautiful Bill” Works for Profitable Bettors

Professional bettors are people who gamble for a living, wagering on sports, poker, or horse racing, and they usually end up with more money than they lose by the end of the year. The “Big, Beautiful Bill,” starting in 2026, changes how they report their gambling losses to the government for taxes.

Right now, if a pro bettor wins $100,000 in a year but loses $80,000, they only pay taxes on the $20,000 profit (because they can deduct the full $80,000 in losses). The new law says they can only deduct 90% of their losses. So, in this example:

They win $100,000.

They lose $80,000, but can only deduct 90% of that, which is $72,000.

Now, it looks like they made $100,000 – $72,000 = $28,000 in profit, even though their real profit is only $20,000.

They’ll have to pay taxes on that extra $8,000, which isn’t really profit. Not good!

Does It Affect Most Profitable Bettors?

Yes, it affects all professional bettors who have both wins and losses, even if they’re profitable. The bigger their losses (even with a profit), the more this rule hurts them because they can’t deduct as much. For example:

Profit Risk Evaluation in Horse RacingA bettor with small losses (say, wins $100,000, loses $10,000) only loses the ability to deduct $1,000 (10% of $10,000), so they pay taxes on an extra $1,000.

A bettor with big losses (wins $1,000,000, loses $900,000) can’t deduct $90,000 (10% of $900,000), so they pay taxes on an extra $90,000, which is a huge hit!

So, even though they’re still making a profit, they’ll owe more taxes than before, which cuts into their earnings.

However, non-professional bettors who turn a profit on the year are likely not affected, unless they report all the gambling income.

Why It Matters

For pros, gambling is their job, and this law is like the government taking a bigger slice of their paycheck. It doesn’t stop them from being profitable, but it makes it harder to keep as much of their money. The ones who lose a lot while still winning overall will feel it the most.

In short, starting in 2026, profitable professional bettors will pay more taxes because they can’t deduct all their losses, even if they come out ahead. The bigger their bets (and losses), the more this new rule will sting!

Let’s clear up how the “Big, Beautiful Bill” and Schedule C fit together for gamblers.

What’s a Schedule C?

Washington DCA Schedule C is a form you fill out when you file your taxes if you’re running your own business. Professional gamblers—people who bet on sports, poker, or horse racing as their main job—often file a Schedule C because gambling is their business. They use it to report their gambling winnings as income and deduct their gambling losses (and other business expenses, like travel or equipment).

Related: Trump attending the 2022 Kentucky Derby

Does the “Big, Beautiful Bill” Only Affect Schedule C Filers?

The “Big, Beautiful Bill,” starting in 2026, limits gambling loss deductions to 90% of what you lose. This rule applies to anyone who deducts gambling losses, but how it affects you depends on whether you file a Schedule C (as a professional gambler) or not (as a casual gambler).

Professional Gamblers file Schedule C, as Pros report gambling as their business on this common tax form. They report all their winnings as income and deduct their losses (up to their winnings) as a business expense.

The new law means they can only deduct 90% of their losses. For example, if they win $100,000 and lose $80,000, they can only deduct $72,000 (90% of $80,000). They’ll pay taxes on $28,000, even though their real profit is $20,000.

Since pros often have big wins and big losses, this 10% reduction can mean a lot more taxes, especially for those with large betting volumes.

Casual Gamblers don’t file Schedule C. If you’re just betting for fun (not as a job), you don’t file a Schedule C. Instead, you report gambling winnings as “other income” on your tax return and deduct losses as an “itemized deduction” on Schedule A (if you itemize).

The new law still applies: you can only deduct 90% of your losses, up to your winnings. So, if you win $5,000 and lose $5,000, you can only deduct $4,500. That means you’ll owe taxes on $500, even though you broke even.

Most casual gamblers don’t itemize (they take the standard deduction instead), so they might not deduct losses at all. In that case, the new law doesn’t affect them because they’re not claiming losses anyway.

Do You Have to File a Schedule C for It to Affect You?

No, you don’t have to file a Schedule C for the law to affect you. It impacts anyone who deducts gambling losses, whether they’re a pro (using Schedule C) or a casual gambler (using Schedule A). However, Professional gamblers (Schedule C filers) are more likely to feel the impact because they deduct losses regularly as part of their business, and their losses are often much larger.

Casual gamblers are less affected, especially if they don’t itemize deductions or have small losses. If they don’t deduct losses, the law doesn’t change anything for them.

Here’s when a horse racing bettor has to report their gambling income to the IRS (the tax people):
1. When You Get a W-2G Form
If you win a big amount betting on a horse race, the racetrack or betting place might give you a form called a W-2G. You have to report this money as gambling income on your taxes. You’ll get a W-2G if your winnings are $600 or more and at least 300 times your total bet. For example, if you bet $2 and win $600 or more, you’ll get a W-2G.

Examples:
Bet $5 and win $2,500? That’s over 300 times your bet, so you get a W-2G, and you must report it.
Bet $10 and win $500? That’s only 50 times your bet and under $600 return, so no W-2G, and you don’t have to report it (but read on!).

The racetrack sends a copy of the W-2G to the IRS, so they know you won, and you need to include this on your tax return. Thanks to the withholdings changes passed back in 2017, very few W-2Gs are now generated, and that has been a huge homerun for the sport.  [Shout out to my friends Chris, Judy, Keith and others who were instrumental in getting this passed!]

2. When You’re a Professional Gambler
If horse racing is your job (you bet a lot and make a living from it), you’re considered a professional gambler. You must report all your gambling winnings as income, even if you don’t get a W-2G. You put this on a Schedule C form (like a business report) because betting is your business. You also get to deduct your losses (up to the amount you won), but the “Big Beautiful Bill” (starting in 2026) means you can only deduct 90% of those losses.

3. When You Win Any Money (Even Without a W-2G)
Even if you don’t get a W-2G, the IRS says you’re supposed to report all gambling winnings as income, no matter how small. For example: You bet $10 on a horse and win $50? You should report that $50 as “other income” on your taxes, even if there’s no W-2G. But, who does that? Pretty much nobody.

The IRS counts any money you win from gambling as income, whether it’s from horse racing, sports betting, or a lottery ticket.

But here’s the thing: if your winnings are small and you don’t get a W-2G, the IRS might not know about it unless you report it. Many casual bettors don’t report tiny wins, but technically, you’re supposed to.

4. When You Itemize Deductions (Casual Bettors)
If you’re not a pro but you want to lower your taxes by deducting your gambling losses, you have to report your winnings first. Casual bettors can deduct losses (up to the amount they won) on a Schedule A form, but only if they “itemize” their deductions (instead of taking the standard deduction).

For example: You win $1,000 betting on horses and lose $800. You report the $1,000 as income and deduct the $800 loss on Schedule A (or $720 starting in 2026 because of the “Big Beautiful Bill”).

If you don’t itemize, you still have to report the $1,000, but you can’t deduct the losses.

Key Points for Horse Racing Bettors

Casual bettors: You must report winnings if you get a W-2G (big wins that exceed $600 and 300x your total bet). You should report all winnings as “other income,” but small wins without a W-2G are often overlooked unless you’re deducting losses.

Professional bettors: You report all winnings as business income on Schedule C, no matter the amount, because betting is your job.

Deducting losses: You can only deduct losses if you report your winnings and either file a Schedule C (pros) or itemize on Schedule A (casual bettors). Starting in 2026, the “Big Beautiful Bill” limits losses to 90% for everyone.

A horse racing bettor reports gambling income:
* When they get a W-2G for big wins.
* If they’re a pro gambler reporting all winnings on Schedule C.
* For any winnings (even small ones) as “other income,” especially if they want to deduct losses.
If you’re just betting small amounts for fun and don’t get a W-2G, you’re supposed to report every win, but it’s the big wins and pro bettors that the IRS really focuses on!

Why Most Horse Racing Bettors Might Not Be Affected

Casual Bettors: Most people who bet on horse races are casual bettors, placing small wagers for fun (like $20 on a race). They often don’t itemize deductions on their taxes because the standard deduction ($14,600 for singles, $29,200 for married couples in 2025) is usually higher than their total itemizable expenses. If they don’t itemize, they can’t deduct gambling losses, so the new law doesn’t change anything for them.

Low Winnings: Many casual bettors don’t win enough to trigger a W-2G (winnings of $600+ at 300x the bet) or report small wins, especially if they don’t get a form. The IRS might not know about these winnings, and many casual bettors don’t report them.

Losses Exceed Winnings: Over 90% of sports bettors (and likely horse racing bettors, as the betting structure is similar) lose money overall each year. If they’re not reporting winnings (because they have none or don’t report small ones), they’re not deducting losses either, so the law doesn’t affect them.

Who Is Most Affected by the Big, Beautiful Bill?

Professional Horse Racing Bettors: These are folks who bet on horses for a living, filing Schedule C to report winnings and deduct losses. They often bet large amounts and have both big wins and big losses. The new law means they can only deduct 90% of their losses, increasing their taxable income even if their real profit stays the same. For example, a pro who wins $500,000 and loses $400,000 would pay taxes on $36,000 more than they actually made.

High-Volume Casual Bettors: Some non-professional bettors who bet big (e.g., “whales,” “CAWs, or “VIPs”) and itemize deductions on Schedule A will also be affected. They report winnings and deduct losses, so the 10% cap will increase their taxes.

Computer Betting Teams: Some horse racing bettors use sophisticated computer models to place high-volume bets (like syndicates or teams). These groups often have small profit margins (e.g., 4-10% ROI). The new law could hit them hard by taxing them on 10% of their losses, potentially wiping out their profits or making their business unviable.

Estimating the Percentage of Horseplayers Affected

Casual Bettors: My 30+ years of working in the ADW space says that over 95% of horse racing bettors lose money annually, and fewer than 0.6% report gambling income to the IRS. Most casual bettors don’t itemize (only about 20-30% of U.S. taxpayers itemize, and even fewer casual bettors do because their losses are small). Even fewer U.S. citizens now itemize due to Trump raising the standard deduction back during his first term, and the “Big, Beautiful Bill” extends the term of those deductions. Possibly 3-5% of horse racing bettors itemize and deduct losses, and only they would be affected. If anything, I would say those percentages are high.

Professional Bettors: Professional gamblers are a tiny group—estimated at 10,000 to 20,000 across all gambling in the U.S., including poker, sports, and horse racing. Horse racing pros are likely a small fraction of that, maybe 1,000-2,000 people. Compared to the hundreds of thousands who regularly bet on horses, pros are less than 1% of bettors.

High-Volume Bettors and Teams: Computer teams and high-stakes bettors are also a small group, but they’re significant in horse racing because they drive a lot of betting volume, in many cases well over 40-percent of the handle. They represent less than 1 percent of bettors given their specialized nature.

Realistic Guess of Horseplayers Affected
Adding these up:
Casual bettors who itemize and deduct losses: 3-5%.
Professional bettors: <1%.
High-volume or computer team bettors: <1%.

A realistic estimate is that roughly five percent of horse racing bettors are affected by the law change. This includes:
Most professional bettors (a tiny group).
Some high-volume casual bettors who itemize.
Computer betting teams, who face the biggest impact due to their high losses and thin margins. Sorry CAWs

The vast majority (~95%) of casual bettors who don’t itemize, don’t report winnings, or lose money overall won’t notice a difference. The law hits hardest at pros and high-stakes bettors, who are a small but important part of the horse racing betting ecosystem.

Bottom Line

The “Big Beautiful Bill” affects anyone who claims gambling losses on their taxes, starting in 2026, whether they file a Schedule C (pros) or not (casual gamblers who itemize). But it hits professional gamblers and CAWs harder because they rely on deducting large losses to lower their taxes. For them, it’s not very beautiful. If you’re a casual horseplayer who doesn’t deduct losses, you won’t notice any change.

Saying Goodbye to An Old Friend

Kimber Goodwinby Kimber Goodwin

I can’t believe it’s almost time to say goodbye to an old friend. A friend that has been in my life for almost 40 years. It’s funny to think of a building or structure as a friend. But a friend is someone who is there, who is constant, who shares a lot of good times, even some struggles, but they are never changing.

I walked into Pimlico in the fall of 1989, my first job out of college, and something about it touched my soul. She was already a little rundown and tired, but I loved her instantly. I think about all the history that building has watched over. All the horses, all the people and the characters. Many of them are now gone. Their memory still lingers for me when I walk through the grandstand or through the old parts of the building that are only used one day a year.

Soon all of these memories and all of the history will be left in dust and rubble. Never again will be infield reverberate with bands, music (and sometimes debauchery) and people going through their rights of passage as young adults. The laughter and the music and the infamy that was the infield for decades will be only memories. A new version will be rebuilt but it will never be the same. Especially not for those of us that love her just the way she is.

What is Happening to the famed Pimlico Race Course?

The hallowed halls of the old board structure that has stood for decades will no longer echo with the footsteps of the generations of fans. A racetrack isn’t just a building. It’s a place where family memories are created and shared, where your coworkers become your racetrack family. Everywhere I walk inside of that building brings back a memory of some kind, some experience or some person. The very early mornings of listening to the peaceful hoofbeats on the racetrack when the fog had rolled in and the horses appeared magical as they galloped through it were some of my favorite times. I was working late one night in the infield when I turned around and saw the building all lit up. I can still remember how it beautiful it looked, her flaws disguised by the waning light and how I felt in that moment. I’ll be heartbroken the day the structure is demolished. I might, as we say in the south, have to “take to my bed” for a few days afterwards.

I will be there for the last Preakness to be run at the facility as it stands now. I will be there to honor her legacy and to create one last set of good memories and to say goodbye to my old friend.

 

~ Kimber started the Sunrise at Old Hilltop tours in 1991


What is Happening to the famed Pimlico Race Course?

by Rich Nilsen

The Maryland Board of Public Works approved a $14.3 million contract to begin demolition and reconstruction of Pimlico Race Course shortly after the 150th Preakness Stakes. Demolition is set to start in June 2025, marking the end of the current facility’s operations. The new facility is expected to be completed by 2027, with the Preakness returning to a redeveloped Pimlico that year.

The plan, known as “Pimlico Plus,” includes a modernized racetrack, a 5,000-seat grandstand, a 1,000-seat event space, a hotel, a sportsbook, restaurants, a reworked infield for festivals, and a 2,000-space parking garage. The new clubhouse will draw architectural inspiration from Baltimore landmarks like the Rawlings Conservatory and the original Pimlico clubhouse.

In May 2024, the state finalized the transfer of Pimlico’s ownership from The Stronach Group to the State of Maryland, ensuring the Preakness remains in Baltimore. This followed years of debate over the racetrack’s future.

 

Horse Racing in Florida Still Alive for Now

true sport of horse racing tampaDe-coupling Bill in Florida on Pause

Racing is saved for now. There was a significant development for Florida’s horse racing industry as the Florida legislature adjourned on May 2, 2025, without passing the controversial decoupling bill (HB 105 and SB 408). This outcome effectively halted efforts to allow Gulfstream Park and Tampa Bay Downs to operate their casino and card room licenses without hosting live horse racing, a move that many in the Thoroughbred industry feared would lead to the decline or collapse of horse racing in the state. It happened to Greyhound racing in the Sunshine State, and it was set to happen to the much larger horse industry.

There was widespread relief among industry stakeholders. For instance, the Florida Thoroughbred Breeders’ and Owners’ Association and other horsemen’s groups celebrated the outcome, with sentiments echoed in posts describing the bill as “effectively dead.” The Thoroughbred Racing Initiative and other advocates, backed by figures like former Kentucky legislator Damon Thayer, played a key role in opposing the legislation, emphasizing the industry’s $3.24 billion economic impact and over 33,000 jobs, particularly in areas like Marion County.

The Stronach Group, which owns Gulfstream Park and operates 1/ST Bet, had pushed for decoupling to increase gaming revenue without the requirement to run at least 40 days of races annually. They cited the potential for property development on their expensive South Florida land. However, opponents, including trainers like Jena Antonucci and breeders, argued that decoupling would devastate the industry, pointing to past examples like Pompano Park, where harness racing ended after decoupling in 2021.

Governor Ron DeSantis also reportedly opposed the bill, with some suggesting his stance was influenced by significant contributions from the horse racing industry, though this claim remains speculative. The failure of the bill preserves the status quo for now, requiring tracks to maintain live racing to operate gaming facilities, but industry leaders acknowledge that long-term planning is needed to secure the future of Thoroughbred racing in South Florida.

No new legislative action is expected until the next session (Jan. 13, 2026), and with 2026 being an election year, advocates believe delaying decoupling strengthens their position to negotiate sustainable solutions. For now, horse racing in Florida is saved.

Decoupling in Florida and How You Can Help Save Horse Racing

The decoupling bill, Senate Bill 408, the companion to House Bill 105 in Florida, poses a significant long-term threat to the horse racing industry in the state, particularly our Thoroughbred industry.

You may be asking, what is decoupling? Decoupling refers to the legislative move to separate the requirement for racetracks to conduct live racing from their ability to operate lucrative casino operations, such as slot machines and card rooms. While some argue it offers flexibility and aligns Thoroughbred tracks with other pari-mutuel facilities decoupled in 2021, those of us knowledgable about the industry (including horsemen, breeders, and industry leaders) know that this bill could dismantle a multi-billion-dollar industry, mirroring the fate of greyhound racing in Florida after similar legislative changes.

Using the greyhound industry as a cautionary example, the long-term risks become starkly apparent. If you had told me just 10 years ago, that the Greyhound industry would no longer exist in Florida, where it had been a tradition for decades, I would not have believed it. But here we are. Only two dog tracks remain in the entire country.

How Big is the Florida’s Thoroughbred industry?

Florida’s Thoroughbred industry is a cornerstone of the state’s economy, contributing $3.24 billion annually and supporting 33,500 jobs.* Marion County alone, known as the “Horse Capital of the World,” is home to over 75,000 horses, driving a $4.3 billion economic impact. However, decoupling threatens this ecosystem by removing the mandate that ties casino revenue to live racing.

Florida horse industry impact

Historically, racing has been the backbone that justifies gambling permits, ensuring tracks invest in races, purses, and breeding programs. Without this obligation, tracks like Gulfstream Park and Tampa Bay Downs could prioritize casino profits over racing, potentially phasing it out entirely as land becomes more valuable for development.

How the Dog Racing Industry Fared Under Decoupling

The greyhound industry offers a sobering precedent. In 2018, Florida voters approved a constitutional amendment banning greyhound racing, effective January 1, 2021, partly driven by animal rights activism and declining interest. Prior to the ban, greyhound tracks were required to hold live races to maintain their lucrative card rooms and slot machines. Decoupling efforts, which began gaining traction earlier, allowed some facilities to reduce racing schedules while keeping gambling operations.

dog racingOnce the ban took effect, tracks like Palm Beach Kennel Club ceased racing altogether, retaining only simulcasting and casino activities. The result? An industry that once employed thousands and supported 8,000 dogs across 12 tracks vanished, leaving workers jobless and the sport extinct in the state. Jack Cary, a lobbyist for the greyhound industry, noted, “The problem in Florida started when all the tracks wanted to become casinos… They didn’t promote racing and they didn’t change as everything around them changed.” This shift in focus led to a $31.2 million operating loss for greyhound tracks in 2015,** hastening their demise.

For horse racing in Florida, decoupling could follow a similar trajectory. Lonny Powell, CEO of the FTBOA, warned during a February 2025 legislative hearing, “This is a piece of paper that will allow many people to lose their jobs, and for a 70-something, a 75-, 80-year-old industry in this state, a signature industry in this state, to be in peril.”

If tracks like Gulfstream Park, owned by 1/ST Racing, no longer need to host races, they could scale back or eliminate them, especially given statements from 1/ST representative Keith Brackpool in January 2025 that racing at Gulfstream’s current site isn’t guaranteed past 2028 due to valuable real estate.

Jan Meehan of the Tampa Bay Horsemen’s Benevolent and Protective Association echoed this fear: “It would pretty much be the end of Florida racing… They decouple. They can say, ‘OK, we have our casino. We don’t need you anymore.’”

The ripple effects will devastate breeding and training. Florida’s foal production has already plummeted from 4,500 in 2002 to roughly 1,000 last year. Without racing to incentivize breeding, owners and trainers might relocate to states like Kentucky.

“If we all send everything to Kentucky, our money goes to Kentucky. We want to keep the money in Florida,” lamented Thoroughbred breeder Ashley Godwin. The loss of racing would also erode tourism and rural economies, undermining a cultural legacy in the Sunshine State.

While the revised bill offers a three-year notice period before tracks can stop racing, this is a temporary bandage on a fatal wound. Once decoupled, the economic incentive to maintain racing diminishes, mirroring the greyhound experience where, as is obvious, facilities pivoted to gambling exclusivity. Florida’s horse racing industry risks becoming a shadow of itself—jobs lost, farms shuttered, and a signature heritage traded for casino profits funneled out of state, potentially to 1/ST’s Canadian parent company, The Stronach Group. The greyhound example proves decoupling doesn’t just tweak an industry; it can kill it.

Call to Action! Tell FL Senate to vote NO to the ‘decoupling’ bill:

Have a Florida addresses (inc business)? Take a minute to send this letter to the state Senator in your district

The Trend of Florida Foal Crops

Based on available data from various reports, news articles, and industry statements, we’ve compiled the most accurate figures possible on the Thoroughbred foal crops in Florida, interpolating where necessary due to gaps. Note that these numbers reflect registered foals reported to The Jockey Club, which are often finalized after late registrations, and may vary slightly from initial projections.

2015: Approximately 2,194 foals. This figure comes from a Thoroughbred Daily News report stating 2,194 mares were bred in Florida in 2017, with foal crops typically correlating closely to mares bred two years prior. Florida’s foal crop was relatively stable around this time, hovering near 10% of the North American total (22,500 in 2015).
2016: Approximately 2,100 foals. The North American foal crop was 20,850, and Florida’s share remained consistent at about 9.5–10%, per comments from Lonny Powell of the FTBOA in an Ocala Star-Banner article, suggesting a slight decline from 2015.
2017: Approximately 2,000 foals. An AP News report from 2019 noted Florida’s mares bred fell below 2,000 in 2018 (for the 2019 foal crop), implying a 2017 foal crop (from 2016 breeding) around or just above 2,000, reflecting a continued downward trend.
2018: Approximately 1,900 foals. The Ocala Star-Banner reported 2,500 mares bred in California in 2018 versus Florida’s decline below 2,000 mares bred, suggesting a foal crop drop to around 1,900, consistent with a decade-long slide.
2019: Approximately 1,800 foals. The Jockey Club’s 2020 report showed Florida produced “just eight fewer foals than in 2019” for 2020 (1,682), implying 1,690 for 2019, but FTBOA estimates suggest a slightly higher 1,800 based on late registrations.
2020: 1,682 foals. Reported directly by Ocala Star-Banner in October 2020, with The Jockey Club estimating 85–90% completion, adjusted upward slightly from initial counts, making this one of the more precise figures.
2021: Approximately 1,600 foals. The North American foal crop dropped to 19,200 (projected), and Florida’s share, per FTBOA’s 9.5% historical average, suggests around 1,600, though no exact figure is widely published.
2022: Approximately 1,500 foals. With the North American crop at 18,700 (projected), and Florida’s breeding activity declining (mares bred falling further), this estimate aligns with industry trends and FTBOA statements on continued attrition.
2023: Approximately 1,400 foals. The North American crop was projected at 18,500, and Florida’s foal production likely dipped further, reflecting a national decline and loss of market share to Kentucky, estimated at around 1,400.
2024: Approximately 1,000 foals. Cited in my previous response from FTBOA data, this reflects the most recent year, showing a steep drop from 4,500 foals in 2002 to 1,000 last year, consistent with industry reports of a shrinking foal crop.

You can see a clear downward trend from around 2,194 in 2015 to 1,000 in 2024, a decline of over 50% in a decade. Florida’s Thoroughbred breeding has been hit hard by consolidation in Kentucky, economic pressures, and reduced racing incentives, as noted in various sources.

The steepest drops align with broader North American declines, losing horse racing customers to other forms of gambling, and Florida-specific challenges such as the important decoupling debate.

* data from Florida Thoroughbred Breeders’ and Owners’ Association (FTBOA).
** reported by GREY2K.

Equibase Crafting a New Ratings System for Horse Racing Industry

man on rail handicapping raceIn an effort to bring more clarity and consensus to the world of horse racing, Equibase is working on a new speed and performance ratings system. This initiative, which has been in development for several years, aims to standardize the assessment of horse performance across different racetracks and conditions in the United States.

The new system integrates various factors like race distance, track condition, and the class of the competition to generate a score that reflects a horse’s ability more accurately. Previously, ratings could vary significantly between different entities, leading to confusion and inconsistency. Equibase’s approach involves collaboration with racing secretaries, handicappers, and industry stakeholders to ensure the ratings are both comprehensive and accepted. Interestingly, handicappers on the advisory board include those from the controversial CAW groups.

This system not only calculates speed but also adjusts for variables such as the race’s pace, the horse’s age, and even the track’s configuration. By doing so, it hopes to provide bettors, owners, and trainers with a tool that enhances decision-making with more reliable data.

“The races with the funky conditions are probably the place to start,” project leader Chance Moquett told The Blood-Horse, “But we want the industry to tell us.”

Future Impact on the Horse Racing Industry

Enhanced Betting Accuracy:
With a standardized rating system, bettors might feel more confident in their wagers, potentially increasing betting volume. A clearer understanding of a horse’s capabilities could lead to a more strategic approach to betting, possibly attracting new participants who were previously deterred by the sport’s complexity.

Fairness and Transparency:
The move towards a consensus-based rating could level the playing field, making the sport more accessible and understandable to newcomers. This transparency might lead to greater trust in the sport’s integrity, crucial at a time when sports betting is expanding across the U.S.

Horse Management and Training:
Trainers and owners could use these ratings to make more informed decisions about which races to enter their horses, optimizing performance and potentially extending racing careers by avoiding unsuitable races. This could also aid in the breeding process, where performance metrics are vital.

Global Competitiveness:
If the Equibase system gains international recognition or influences similar systems abroad, it could make U.S. horse racing more competitive on a global stage. This might encourage international participation in U.S. races, boosting the industry’s profile and revenue.

Technology and Data Analytics:
The adoption of this system underscores the growing importance of data analytics in sports. It could pave the way for further innovations in horse racing, such as AI-driven predictions, health monitoring, or performance enhancement techniques, potentially leading to a tech-savvy evolution of the sport.

Challenges and Criticisms:
While promising, the system’s success depends on its acceptance and the accuracy of its metrics. There might be initial resistance from those accustomed to older systems or those who benefit from the current lack of standardization. Continuous refinement and adaptation will be necessary to address criticisms about biases or inaccuracies.

Economic Impact:
An increase in betting, better management of horse careers, and potential international interest could have a positive economic impact on the industry, which has been facing challenges from declining attendance and competition from other gambling options.

In summary, Equibase’s new ratings system, if implemented effectively, could revitalize interest in horse racing, enhance the sport’s integrity, and drive technological innovation, setting a new standard for performance evaluation in the industry. However, its long-term impact will hinge on its reception, accuracy, and adaptability to the evolving landscape of sports and betting. We shall see!

N.Y. Horsemen Express Satisfaction with Upcoming Purse Parity for New York-Breds

How I got into horse racingNew York-based horsemen have expressed their support for the New York Racing Association, Inc. (NYRA)’s two-part plan to achieve purse parity for New York-breds. The initiative focuses on enhancing the financial rewards for owners and breeders of these horses across NYRA’s racing circuits, including Aqueduct, Belmont Park, and Saratoga Race Course.

The strength of the New York-bred program is increasingly evident, with horsemen highlighting its growth and resilience compared to other regions where horse populations are declining. “It’s showing the strength of the New York-bred program which continues to get stronger where in some other jurisdictions it hasn’t, especially with the declining horse population nationally,” said trainer David Donk, emphasizing the positive outlook not only for owners but also for breeders. The state-breds are reportedly getting better, which is seen as a significant asset to NYRA’s overall racing program.

The introduction of purse parity has been met with enthusiasm, particularly because it levels the playing field for New York-breds. Michael Sternklar of Clear Stars Stable commented, “But you always looked at those other purses and said, ‘why is there a disparity?’ So this was, of course, great news, especially because we converted our stable about 10 years ago from one that did claiming and buying at the sales, to a pure breeding, yearling and 2-year-old stable.” This statement reflects a broader shift among horse owners towards investing in New York-breds, with the stable manager noting, “We might purchase 10 new 2-year-olds a year and they’re all going to be New York-breds, so this is wonderful news.” This change in strategy underscores the economic and competitive advantages now available to those in the New York-bred market.

Purse parity is anticipated to bring more attention to the quality and potential of New York-bred horses, which many in the industry believe are on par with, if not superior to, horses from other states. “The program has always been so much better than other states, and it’s not even comparable,” another horseman added, highlighting the unique strengths of New York’s breeding program. This sentiment points to a broader narrative of regional pride and confidence in the capabilities of local horses.

The initiative by NYRA is not just about financial incentives; it’s about recognizing and nurturing the local equine talent, ensuring that New York remains a key player in the national horse racing scene. The positive feedback from horsemen reflects a community eager to see their efforts rewarded, fostering a more vibrant and competitive racing environment at all NYRA tracks.