A Florida Senate committee has advanced a bill that would allow Gulfstream Park to operate its casino without the statutory obligation to conduct live horse racing—a process known as “decoupling.” However, the bill includes an amendment requiring Gulfstream Park to maintain live racing for at least seven more years. Proponents argue that decoupling offers operational flexibility, while opponents fear it could undermine Florida’s thoroughbred racing industry, which supports over 33,000 jobs and contributes $3.24 billion annually to the state’s economy. The bill now moves to the full Senate for consideration.
Click the link below to read the full article by Matt Hegarty at www.drf.com
https://www.drf.com/news/senate-committee-passes-florida-decoupling-bill-guarantees-seven-years-gulfstream
