HISA increases racetrack assessments 6.9% to $77M for 2024
Horseracing Integrity and Safety Authority math is a 1.4 percent decrease in starts coupled with a 2.7 percent increase in purses equaling a 6.9 percent increase in assessments to racetracks for 2024.
HISA released its list of assessments by tracks Monday with receivables totaling $77,522,500, a 6.9 percent increase from the $72,509,662 assessed for 2023.
The calculation is based on a flat fee per start of $168.68 plus a premium based on a track's percentage of national purses divided by percentage of national starts.
Kentucky pays the highest premium because its share of national purses (14.8 percent) is more than twice its percentage of domestic starts (7 percent). Colorado's premium is the lowest because its share of national purses (0.3 percent) is a third of its share of starts (0.9 percent).
Tracks and states can earn credit for race day and non-race day sample collections as well as operating testing and research laboratories That's only California and Pennsylvania for now.
It is not clear from the materials HISA provided what, if anything, would change if listed tracks do not conduct racing in 2024. Both Golden Gate Fields and Turf Paradise are in the midst of potentially shuttering within the next year.
Below is the full list of assessments by track.