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[Kasept]

Originally Posted by parsixfarms

I agree that there are several concerns with the proposed federal legislation, but the current system of state regulation is not working and needs to be overhauled or, at a minimum, improved dramatically. Of the four most significant racing jurisdictions (New York, Kentucky, California, Florida), how many of their racing boards are doing an adequate job of oversight? Not a majority. And things don't get better with many of the smaller jurisdictions.

It's definitely a mixed bag of adequate, passive, zealous, overzealous, indifferent.

One element of the state regulatory body discussion that is difficult to navigate is the political appointee v. industry participant. People attack agencies like California/CHRB over the abundance of interest-conflicted, but there's equal disdain for bureaucrat functionaires who land on commissions and are without a clue about what they're commissioning. So, what's the answer?

Florida, bizarrely, has virtually no commission and is regularly the most difficult place to get things like the model rules initiative implemented.

ARCI does the best job it can to promote responsible, active regulation. Understand first and foremost that the states are not going to relinquish their control because it means a loss of significant revenues. And you have to work within those parameters to shore up deficiencies in the jurisdictions.