Congress Must Pass The Horseracing Integrity Act

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Congress Must Pass The Horseracing Integrity Act
<a href="https://pixabay.com/users/Alexas_Fotos/">Alexas_Fotos</a> / Pixabay

Marty Irby’s, executive director of Animal Wellness Action, statement on the latest equine death at Del Mar in San Diego that occurred on Sunday, November 17. The San Diego Union-Tribune reported the death. Slewgoodtobetrue, a 3-year-old filly trained by Peter Eurton, collapsed and died in the barn area after a workout on Sunday morning.

This news follows two equine deaths at the Del Mar Racetrack to weeks ago. And The Breeders’ Cup last Saturday marked the tragic death of Mongolian Groom – the 37th at Santa Anita Park this year. A few weeks ago, The Hill featured Animal Wellness Action’s work on Capitol Hill to pass the Horseracing Integrity Act – we’ve ramped things up.

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Statement from Marty Irby, executive director of Animal Wellness Action, a member of the Coalition for Horseracing Integrity:

“As the body count continues to climb, the American public's view of the sport continues to decline. Our modern-day society will no longer tolerate the deaths of our iconic American horses for entertainment - this isn't Ancient Rome, it's 2019. American horseracing is addicted to drugs, and it's time for intervention." 

“Congress must pass the Horseracing Integrity Act before the 116th Congress ends next year, or the public effort will likely shift away from eliminating doping in horseracing to eliminating horseracing itself.” 

Here's a just a taste of the recent stories from the Associated Press and Reuters regarding The Breeders’ Cup. People Magazine came out with a story as well.

The Horseracing Integrity Act would take a tangible stride toward protecting American racehorses through the establishment of a national, uniform standard for drugs and medication in horse racing. It would also grant drug rulemaking, testing, and enforcement oversight to a private, non-profit, self-regulatory independent organization overseen by the United States Anti-Doping Agency (USADA) – the governing body that administers the Olympic anti-doping program, at no cost to the taxpayer.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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