In a momentous event for the horse racing community, former Kentucky Senator Damon Thayer will deliver the keynote address at the National Horsemen’s Benevolent and Protective Association (HBPA) Conference, set to take place from February 25-27 in Florida. With a career deeply rooted in both politics and the equine industry, Thayer is poised to share invaluable insights and success stories that have shaped the future of horse racing.

Discover How Thayer's Leadership Has Transformed the Industry

The Intersection of Politics and Passion

Damon Thayer's journey into the world of horse racing began far from the racetracks, in northern Michigan. His path was serendipitously altered when his father introduced him to a man who bred and owned racehorses. This chance encounter ignited a lifelong passion that would guide Thayer through various roles within the industry. From publicity and marketing to track management and consulting, Thayer's expertise spans multiple facets of horse racing.Thayer's career took a pivotal turn when he joined the Breeders' Cup in 1999 as Vice President of Event Management. His leadership skills were soon recognized by the political sphere, leading him to run for the Kentucky State Senate in 2003. Over the next two decades, Thayer served as a dedicated advocate for the horse racing industry, culminating in his role as Senate Majority Floor Leader. His ability to bridge the gap between policy and passion has made him an influential figure in shaping legislation that benefits the sport.

Legislative Triumphs and Advocacy

During his tenure in the Kentucky General Assembly, Thayer championed several landmark laws that have had a profound impact on the horse racing industry. One of his most significant achievements came in 2021 with the passage of legislation to protect Historical Horse Racing (HHR) gaming. This law not only safeguarded an essential revenue stream but also bolstered the financial stability of racetracks across the state.In 2022, Thayer spearheaded another critical piece of legislation that standardized the excise tax on pari-mutuel wagers. This reform ensured fair taxation and allowed funds from the Kentucky Thoroughbred Development Fund to be allocated to claiming races. Additionally, Thayer's efforts reduced "breakage," ensuring bet payouts were rounded down to the nearest penny, enhancing transparency and fairness for bettors.Beyond these legislative victories, Thayer played a crucial role in establishing breeders' incentive funds financed through a six percent sales tax on stud fees. His involvement extended to serving on the Equine Drug Research Council, where he contributed to developing regulations and testing policies that ensure the integrity of horse racing.

Advocating for Sports Betting Reform

Thayer's influence extended beyond traditional horse racing legislation. He was instrumental in Kentucky's efforts to introduce sports betting, advocating for a model that required betting companies to partner with racetracks. This innovative approach not only aligned with the state's interests but also ensured that racetracks remained integral to the betting ecosystem. For his tireless advocacy, Thayer was honored with the Warner L. Jones Jr. Horseman of the Year Award, recognizing his contributions to the industry.

Shaping the Future of Horse Racing

As Thayer prepares to address the National HBPA Conference, his speech promises to offer valuable perspectives on the challenges and opportunities facing the horse racing industry. His firsthand experience in navigating complex legislative landscapes provides a unique vantage point from which to discuss potential solutions. Thayer's keynote address will undoubtedly inspire horsemen and stakeholders alike, fostering a renewed commitment to advancing the sport.The conference itself features a comprehensive agenda, including panel discussions and presentations on key issues affecting the industry. Attendees will also enjoy an afternoon at Tampa Bay Downs, courtesy of the racetrack. With Thayer's insights and the collective expertise of the National HBPA board, this event stands to be a pivotal moment for the future of horse racing.