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Purse Overpayment, Financial "Backstop" Demands And Race-Days Hamstring Horsemen's Agreement Negotiations
Despite efforts dating back to May, negotiations around an annual purses and race dates agreement between the Florida Horsemen's Benevolent and Protective Association (FHBPA) and Gulfstream Park remain at an impasse. The current horsemen's agreement expires Dec. 31. This agreement is a federal requirement for a racetrack to conduct live racing and simulcast its signal nationwide. Gulfstream Park, owned by The Stronach Group (TSG), is statutorily…
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Purse Overpayment, Financial "Backstop" Demands And Race-Days Hamstring Horsemen's Agreement Negotiations
Despite efforts dating back to May, negotiations around an annual purses and race dates agreement between the Florida Horsemen's Benevolent and Protective Association (FHBPA) and Gulfstream Park remain at an impasse. The current horsemen's agreement expires Dec. 31. This agreement is a federal requirement for a racetrack to conduct live racing and simulcast its signal nationwide. Gulfstream Park, owned by The Stronach Group (TSG), is statutorily…
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