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Externally, it sought practical benefits based on communication, complementing past policy directions that had been overly confrontational and failed to achieve effectiveness. Although there are still areas to improve, it has achieved remarkable progress for the advancement of horse racing and the strengthening of the owner's status by establishing a 1,200m training track, improving the racing course, implementing a break time system for trainers, upgrading massage facilities, introducing professional racing personnel, and securing the authority to select owners.
Wednesday, October 28 2026 - 06:37 AM
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The loss of existing users could also accelerate the expansion of the illegal market. Therefore, there is a growing call to encourage autonomous financial soundness measures while taking into account the unique characteristics of the system, rather than applying the electronic card system uniformly.On February 13, Chairman Hyeon released a statement titled “Openness, Competition, and Market Expansion: Korean Horse Racing’s Second Leap” on the Korea Racing Authority’s corporate website.In a statement, Chairman Hyun said that Korean horse racing, with its 93-year history, is facing an unprecedented crisis amid a 42% drop in customers over the past decade and a red light on sales figures, with no expansion of off-track betting facilities and pressure from regulations such as the full implementation of electronic cards.
Wednesday, October 28 2026 - 06:30 AM
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Ultimately, the individual horse racing system is the essence and root of horse racing, and it signifies the identity of the horse racing industry. Last year, amid the great turmoil in Korean horse racing, several incidents shook its identity, so reflecting on and reviewing the history of the modernization of horse racing on the occasion of the 25th anniversary of the shift to the individual owner system seems very important to all of us.Founded in 1993, the Seoul Owners Association is a prestigious organization of about 500 owners of racehorses and a key driving force behind the horse racing industry.
Wednesday, October 28 2026 - 06:28 AM
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A Korea Racing Authority official said, "The Gambling Supervision Committee claims that vein collection through the introduction of electronic cards is not personal information and can be conducted without identifying individuals, but the risk of clear personal data leakage is high, and it constitutes a human rights violation by treating horse racing fans as potential gambling addicts." He added, "The committee is pushing the policy for its own gain, and although the chairperson said in January that it would apply to all legal gambling industries without exception, they changed their stance just two weeks later to exclude lotteries, showing a double standard."Chairman Hyun Myung-kwan agrees with the call of the times and the policy goals of promoting the soundness of the gambling industry. However, electronic cards are an unprecedented regulation that assumes all horse racing customers are potential gamblers.
Wednesday, October 28 2026 - 06:27 AM
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Many of these critical and fateful tasks are difficult to solve with willpower alone, without experience. Due to the structural characteristics of Korean horse racing, the administering body holds the most power, but unilateral actions will never succeed in modernizing the sport. We will build a system that ensures the voices of related organizations are reflected in policy so that the strong power of the Maju can drive the development of horse racing.As the horse racing environment rapidly changes, the role of the association in its development is expanding,
Wednesday, October 28 2026 - 06:26 AM
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Building on the achievements of the previous term, I will accelerate improvements to the horse racing infrastructure and build a stronger Korea Racing Authority that leads the true advancement of horse racing. In addition to promoting projects for the association’s development, they plan to strengthen external activities targeting the government and the National Assembly, with whom they have direct interests, and take the lead in institutional reforms such as resuming online betting and increasing the horse racing return rate to lower the leisure tax.
Wednesday, October 28 2026 - 06:23 AM
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There are also disputes over violations of users' human rights and consumer rights.An industry insider pointed out, "According to the electronic card implementation plan, collecting users' sensitive biometric information such as their finger vein patterns could lead to concerns over personal data exposure and cause users to avoid it, perceiving it as fingerprint stamping." He also lamented, "Although the government has said it is working to legalize the underground economy, illegal gambling markets are growing tremendously, and social problems such as tax revenue outflow and gambling addiction are becoming more serious," adding, "It is not right to leave illegal activities unchecked while only regulating the legal ones."
Wednesday, October 28 2026 - 06:22 AM
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Korean horse racing has endured many hardships, including the growing pains of the horse racing reform plan and last year's entanglement in the state corruption scandal. It was an especially painful and intense period for the owners, the biggest investors in the horse racing industry and the ones who must support its development, as losses among them surged amid stagnant sales and prize money.At the time, lamenting the helplessness in the face of the flawed horse racing reform plan, I ran for president driven by a sense of duty to restore the association’s damaged reputation and rights,
Wednesday, October 28 2026 - 06:20 AM
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The loss of existing users could also accelerate the expansion of the illegal market. Therefore, there is a growing call to encourage autonomous financial soundness measures while taking into account the unique characteristics of the system, rather than applying the electronic card system uniformly.On February 13, Chairman Hyeon released a statement titled “Openness, Competition, and Market Expansion: Korean Horse Racing’s Second Leap” on the Korea Racing Authority’s corporate website.In a statement, Chairman Hyun said that Korean horse racing, with its 93-year history, is facing an unprecedented crisis amid a 42% drop in customers over the past decade and a red light on sales figures, with no expansion of off-track betting facilities and pressure from regulations such as the full implementation of electronic cards.
Wednesday, October 28 2026 - 06:15 AM
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A Korea Racing Authority official said, "The Gambling Supervision Committee claims that vein collection through the introduction of electronic cards is not personal information and can be conducted without identifying individuals, but the risk of clear personal data leakage is high, and it constitutes a human rights violation by treating horse racing fans as potential gambling addicts." He added, "The committee is pushing the policy for its own gain, and although the chairperson said in January that it would apply to all legal gambling industries without exception, they changed their stance just two weeks later to exclude lotteries, showing a double standard."Chairman Hyun Myung-kwan agrees with the call of the times and the policy goals of promoting the soundness of the gambling industry. However, electronic cards are an unprecedented regulation that assumes all horse racing customers are potential gamblers.
Wednesday, October 28 2026 - 06:11 AM
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Just as some values remain unchanged through the transition between generations, Korea’s jockey community has grown through the dedication and sacrifice of veteran jockeys who pioneered a challenging racing environment, and in carrying on that legacy, senior and junior jockeys have joined forces to sustain the horse racing industry.Although I have operated organizations with 3,500, 6,500, and 17,500 members over several years, I firmly believe that the strength of any organization comes from the unity of its members.
Wednesday, October 28 2026 - 06:10 AM
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There are many alternatives, such as limiting the number of users and allowing internet use. He said, "A thorough analysis of the policy's ripple effects must come first."As the Gambling Supervisory Commission pushes for the full implementation of electronic cards, criticism is growing that it is killing the legal gambling industry while fueling illegal gambling.According to the committee's investigation, the scale of illegal gambling, which reached 53 trillion won in 2008, surged to 75 trillion won over four years, increasing by a staggering 22 trillion won, due to excessive regulations on legal businesses such as the implementation of a total sales cap, limits on the number of business locations, adjustments to purchase price caps, and bans on online sales.
Wednesday, October 28 2026 - 06:07 AM
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Even a well-bred foreign horse cannot beat a domestic horse with a winning record if it has no racing experience. In addition, foreign horses must compete against those that have won since the 4th class, and if training is forced to match their level of competition, there is a risk that the horses could tire out quickly.By purchasing many positive words from abroad, we will naturally receive high-quality feedback, which will also help the development of Korean horse racing. For example, even if you buy an expensive foreign horse for a million dollars
Wednesday, October 28 2026 - 06:06 AM
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Some senior advisors say the prices should be restructured, but that is incorrect. Then we go back to the way of the past. The reason domestic horses do not perform well against foreign horses from Japan, Singapore, and others is that, due to price restrictions, fewer quality horses have entered the market. Although the Korea Racing Authority has brought in a number of good stallions to support them, they cannot beat horses purchased from abroad. We must move toward a system of autonomous competition.
Wednesday, October 28 2026 - 06:04 AM
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By removing price limits, foreign horses should be allowed to enter the scene freely, while also reforming the racing system. What is currently a mixed race for grade 4 and above should be divided into domestic and foreign races. Only then can domestic racehorse producers survive and also achieve a qualitative improvement in Korean horse racing. Breeders should be classified as either domestic or foreign up to Grade 1, and integrated races should be created where domestic and foreign horses can compete at the same level.
Wednesday, October 28 2026 - 06:01 AM
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As a result of the draw, signs of interference through organized collusion were detected in three races, which was deemed fatal to the fairness that is the lifeblood of sports, so those three races were inevitably canceled. In the subsequent registration and application for participation in the second week of February, no such collusive conduct occurred, and the horse racing was conducted as scheduled.The Korea Racing Authority will, with principle and patience, continue to communicate and consult tirelessly and in unity with related organizations through the “Horse Racing Industry Crisis Overcoming Council,” involving all stakeholders, until the day the “Incomplete Life” innovation plan is fully realized.
Wednesday, October 28 2026 - 06:00 AM
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Wouldn't it be better to have two people run, rather than one person buying horses and making them run at just one racetrack. Horses with more speed than speed but better endurance are more likely to succeed in Busan than in Seoul, while those with more speed than endurance are more likely to succeed in Seoul than in Busan. If you spend a lot of money to buy a horse but only have one chance, it's such a waste. Make those who can't speak in Busan run in Seoul, and those who can't speak in Seoul run in Busan.
Wednesday, October 28 2026 - 05:57 AM
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To overcome this crisis, the Korea Racing Authority carried out an internal reform over the past year. They cut employee benefits to a level acceptable to the public and focused on normalizing the abnormal by introducing a meritocracy at a private-sector level, such as implementing a top-down draft personnel system to enhance competition. In this way, after painful self-reflection, a desperate reassessment of the neglected horse racing industry is needed for "horse racing innovation." It was a judgment.In a word, horse racing innovation can be described as 'openness, competition, and market expansion.' The goal is to elevate the quality and value of horse racing products and turn the current crisis into an opportunity for a turnaround.
Wednesday, October 28 2026 - 05:57 AM
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Over the years of the integrated horse racing competition between Busan and Seoul, horses from LetsRun Park Busan-Gyeongnam have performed relatively well. The main reason is its influence. Of course, there are also management system factors, but compared to Seoul, Busan’s main thoroughbred track is 50 meters longer, so horses with endurance perform better there, whereas faster horses do better in Seoul.However, if you merge, the opponents who purchase and deploy horses will have more options, so it could also be an opportunity for them.
Wednesday, October 28 2026 - 05:55 AM
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There are many alternatives, such as limiting the number of users and allowing internet use. He said, "A thorough analysis of the policy's ripple effects must come first."As the Gambling Supervisory Commission pushes for the full implementation of electronic cards, criticism is growing that it is killing the legal gambling industry while fueling illegal gambling.According to the committee's investigation, the scale of illegal gambling, which reached 53 trillion won in 2008, surged to 75 trillion won over four years, increasing by a staggering 22 trillion won, due to excessive regulations on legal businesses such as the implementation of a total sales cap, limits on the number of business locations, adjustments to purchase price caps, and bans on online sales.
Wednesday, October 28 2026 - 05:53 AM
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At the time, the Korea Racing Authority felt somewhat uncomfortable about the establishment of the Korea Owners’ Association, so cooperation was lacking, but thanks to the founding president’s relentless efforts, it was finally created, and I was able to become its seventh president. The past presidents did a great job, but I believe what I must do going forward is unify the association in Busan and Seoul.Above all, the integration of the Maju region is the top priority. There are currently many deficit owners,
Wednesday, October 28 2026 - 05:52 AM
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The group that had been riding heavily was unstable when putting on the bit, but he rode steadily after training. For a first day, the training went well.In Japan, the World Equestrian Championships held in the United States and the Asian Games held in Jakarta are competed in separate groups. For now, the same rider is scheduled to compete in the comprehensive show jumping. One player has several horses, and here they predict a gold medal.The group of athletes competing in the apparatus events is only at the second-tier level of the national team participating in the World Equestrian Championships,
Wednesday, October 28 2026 - 05:50 AM
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I don't think there is a single correct answer, so I haven't created a separate manual.In addition, Japanese language experts are reluctant to turn their expertise into a manual. There is concern that once know-how is codified into text, it may be perceived as 'this is the answer,' allowing others to challenge it. Figuratively speaking, a mathematical formula has a fixed answer and a solution, but when it comes to interpreting a novel, there is likely more than one method. It is very diverse, and I believe that anything can be an answer.
Wednesday, October 28 2026 - 05:46 AM
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There are many alternatives, such as limiting the number of users and allowing internet use. He said, "A thorough analysis of the policy's ripple effects must come first."As the Gambling Supervisory Commission pushes for the full implementation of electronic cards, criticism is growing that it is killing the legal gambling industry while fueling illegal gambling.According to the committee's investigation, the scale of illegal gambling, which reached 53 trillion won in 2008, surged to 75 trillion won over four years, increasing by a staggering 22 trillion won, due to excessive regulations on legal businesses such as the implementation of a total sales cap, limits on the number of business locations, adjustments to purchase price caps, and bans on online sales.
Wednesday, October 28 2026 - 05:46 AM
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However, to transition to equestrian use, it is essential to change to a slower and more stable rhythm, and improving balance is also important in training.There isn’t much difference, but the key goal of the jomasak training is for the horses to find stability and become calmer. The goal of Jomasak is to ensure that horses are not afraid of the person standing in the center, and building trust between horse and handler is important. Leaping out too abruptly is the worst form, while maintaining a steady pace with a stable rhythm is the best.
Wednesday, October 28 2026 - 05:44 AM