As American racing prepares for a new era under the recently-passed Horseracing Integrity and Safety Act (HISA), many in the sport are wondering how the new group will be paid for. The text of the bill did not make clear what the funding mechanism would be, except that the new authority would oversee drug testing and track safety nationwide with the aid of the U.S. Anti-Doping Agency.
Jockey Club president Jim Gagliano recently joined the Thoroughbred Daily News's Writers Room podcast to answer his and other questions about the industry's future.
“I don't think it should come out of the horseplayers' pockets,” Gagliano said of the HISA cost. “Every state funds its regulation differently. The problem that we faced when we were considering that matter, is there's really no one-size-fits-all that we could push down to the states. The most important thing we want to do is make sure we capture first the current expenses, and then that those were brought forward. After that, the Authority will work with each state and through its racing commission to determine what the number is. I suggest the simplest way is to share [the costs] between the tracks and the horsemen. But honestly, there's a lot of details to be considered.”
HISA has been a big focal point for The Jockey Club through out 2020. Now that HISA has been passed, Gagliano was asked what organization's focus will be.
“There's plenty,” Gagliano said. “How we market the sport. The opportunity of television, which thank goodness, during this pandemic, to see the amount of live televised hours of horse racing has been a godsend. We've talked about scheduling. We need to put the product in a place where it can have the best showcase. Other areas: HISA is going to put USADA into a role and there are now rules that will be in place that will change the sport, we believe. Investigations, that's something that racing has not done very well over the last bunch of years. I anticipate The Jockey Club will continue to invest in those kinds of resources to make sure that things we don't want to happen in our sport, don't happen.”
Read more at thoroughbreddailynews.com.
Listen to the full podcast episode here.
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