Statement by Lonny Powell CEO of the Florida Thoroughbred Breeders’ and Owners’ Association in response to the Florida House Commerce Committee’s approval of the PCS for HB 105

“Monday’s vote in the House Commerce Committee was disappointing. Let me be clear: The latest changes to HB 105 are not a compromise — they are designed to scuttle Florida’s vital Thoroughbred industry. No matter how our opponents try to spin it, this bill decouples live racing from voter-approved gaming requirements. This means fewer races, fewer jobs and fewer opportunities for the hardworking Floridians devoted to this industry, including the passionate horsemen and women from the farms and barns who testified today.

“If this bill passes, it will ripple across the entire state economy, gutting a major industry and sending Florida jobs and horses to other states and our dollars to Toronto. This industry has helped power Florida’s economy for generations, and we must not allow bad special-interest policy to dismantle it.” 

Decoupling: What You Need to Know: Read Now
Return to the March 18 issue of Wire to Wire