The world of thoroughbred racing is currently navigating through a complex landscape filled with political and economic challenges. Tom Rooney, the president and CEO of the National Thoroughbred Racing Association (NTRA), finds himself juggling various pressing issues as he travels between Washington D.C. and Florida. Among these are potential tariffs proposed by President Trump that could impact cross-border horse trading between the U.S. and Canada, and a controversial bill in the Florida legislature concerning Gulfstream Park's operations. This legislation proposes separating the park’s racing and slot-machine licenses, which could significantly alter the racing scene in South Florida.
Rooney recently discussed these issues with Horse Racing Nation while visiting his horses in South Florida. The conversation delved into the implications of tariffs on the horse industry and the ramifications of legislative changes in Florida. Despite the daunting challenges, Rooney remains optimistic about finding solutions that protect both the integrity of racing and the livelihoods of those involved.
In recent days, Rooney has been busy in Washington D.C., where he has been addressing new team members at the NTRA and discussing the potential effects of tariffs on the horse industry. He met with influential figures like Tom Cole, chairman of the House Appropriations Committee, to explore possible strategies for mitigating tariff impacts. The uncertainty surrounding these tariffs adds an extra layer of complexity to an already challenging environment.
Meanwhile, in Florida, the proposed decoupling of Gulfstream Park's racing and slot-machine licenses continues to be a contentious issue. Rooney emphasizes the importance of maintaining the original agreement made when tracks lobbied for slot machines, which required them to host live horse racing. If this deal were to be broken, it could have far-reaching consequences for the racing community and related industries across the state.
Adding to the mix is the National Horseplayers Championship, an event Rooney eagerly anticipates each year. This gathering showcases the skills of top horseplayers and celebrates their contributions to the sport. It serves as a reminder of the vital role enthusiasts play in sustaining the horse racing industry.
As the April 2 deadline for tariff exceptions approaches, the horse racing industry waits anxiously for clarity. Simultaneously, Florida legislators must weigh the potential outcomes of their decisions regarding Gulfstream Park. Through it all, Rooney and others in the industry strive to ensure that the rich history and tradition of horse racing continue to thrive amidst these turbulent times.