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Over the past year, as we struggled for the development of horse racing amid a desperate crisis, our horse racing industry had to endure great wounds and suffering, condemned by society for distorted perceptions and prejudice toward horse racing amid the national turmoil caused by the state affairs scandal. It was even a painful year in which horse racing was branded as a target for eradicating deep-rooted social evils, and it was also a year stained by a series
Thursday, August 13 2026 - 01:58 AM
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Pohang earthquake last year, it is clear that Korea’s horse industry also lacks a solid production base and could collapse in an instant. Just as we design earthquake-resistant structures, we should once again review Korea’s horse industry policies and, supported by policies and investments that enable mutual growth and development, hope to see the completion of Part II and the dawn of a natural era of Part I through the production of domestic horses that surpass foreign ones.
Thursday, August 13 2026 - 01:46 AM
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Although the goals of moving toward an integrated Korea horse racing system and entering Part II have been achieved, there remains insufficient support for the improvement of racehorses and the stable establishment of the production infrastructure that would have been derived in the process of achieving those goals, raising concerns that the racehorse production industry, which is the foundation of horse racing, may become a precarious structure built on shaky foundations.
Thursday, August 13 2026 - 01:40 AM
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Last year, on top of the nationwide unrest caused by the national turmoil of state corruption and the president’s impeachment, as well as the country’s anxiety over North Korea’s nuclear provocations, there were also earthquakes and even a fire disaster at the end of the year—truly a great tragedyI am remembered as a difficult and hard year.Through the horse racing industry as well, having witnessed the successive deaths of those involved, calls for improvements in working conditions,
Thursday, August 13 2026 - 01:38 AM
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Even to prevent the outflow of dollars required for breeding-purpose imported stallions, institutional measures are needed to encourage a natural turnover from racehorses to stallions, such as expanding the scheduling of races that favor imported stallions for breeding purposes.The Saemangeum Racehorse Joint Production and Breeding Complex, to be established on approximately 800 hectares of farmland in Saemangeum’s agricultural
Thursday, August 13 2026 - 01:34 AM
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Pulling Hand” taking first and second place respectively. This clearly shows the improvement in the racing ability of inland horses.If you attend the inland domestic horse auctions held in May, July, and October 2018, you can meet high-quality horses that producers and LetsRun Farm’s head trainer have painstakingly bred and raised, all at a price free of unnecessary markups, supported by LetsRun Farm Jangsu, so we ask for your active interest and participation.
Thursday, August 13 2026 - 01:31 AM
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Since the implementation of the 2015 Racing Innovation Plan, most farms have been experiencing a sales cliff due to the liberalization of imports of foreign horses and the concentration of prize money in first-place finishes, which has led to the purchase of outstanding horses by owners. In this situation, it is urgently necessary to introduce a closure subsidy support system so that if racehorse-producing farms, which are already in a critical situation, go out of business, they can at least recover some of the land and facility investments and the labor input they have put in, and prepare for a new livelihood.
Thursday, August 13 2026 - 01:29 AM
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When asked about her acceptance speech, Professor Park Geum-ran said,I am pleased to receive the Minister of Agriculture, Forestry and Fisheries Commendation, even though many people have worked hard to develop the domestic horse industry.She added, “I will take this as a call to contribute even more to the development of the horse industry in the future, and I will work diligently.Meanwhile, Seorabeol University is actively carrying out volunteer activities related to therapeutic horseback riding
Thursday, August 13 2026 - 01:21 AM
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Food and Rural Affairs, and has devoted himself to research activities aimed at producing specialized personnel for the equine industry and advancing the sector. In addition,he participated in designing the national rehabilitation riding certification and writing the related textbooks,contributing to laying the foundation for rehabilitation riding in Korea and expanding its base. Last year, he also entrusted the designation of Seorabeol University’s riding stable as a Korea Racing Authority cooperative institution for rehabilitation riding.
Thursday, August 13 2026 - 01:07 AM
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May all your wishes come true, and especially may the sound of horses’ hooves, shaking the earth and shaking the heavens, once again resonate through the world, making this a busy and exciting year for everyone working in the horse industry.Looking back, the past year was a very hard and difficult one. We endured the pain of our hard-earned achievements collapsing overnight, and in particular,the image of the horse industry,including equestrianism,was severely tarnished,
Thursday, August 13 2026 - 01:04 AM
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In addition, we must spare no investment or effort in training and supporting horse producers in preparation for times when demand will increaseLooking at France as a successful case for benchmarking, the government took the lead in controlling the industry, provided various forms of support and promotion, and rapidly built the industrial foundation. In the process, we systematized children’s education to increase future consumer demand, and it also produced very satisfactory results.
Thursday, August 13 2026 - 01:00 AM
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The horse industry is an industry that has been steadily growing in advanced countries. It is shifting from an industry structure heavily focused on horse racing to a leisure sport centered on youth and families through equestrian activities. This is an industrial activity that helps increase the income of livestock farmers, while also being a movement that promotes soundness to the public. Therefore, I am confident that, ultimately, it will secure an important place in the future of South Korea’s livestock industry.
Thursday, August 13 2026 - 12:58 AM
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Only then can the demand for riding horse production be revitalized, and it can lead to increased profits for specialized riding horse producer members. If the producers’ association is revitalized, the development and production of excellent Korean-style riding horses will naturally follow, and I believe the livestock policy intended by the Ministry of Agriculture, Food and Rural Affairs as an FTA alternative for livestock farmers will succeed.Finally, I wish that all horse-related organizations and professionals across the country have a hopeful and blessed New Year,
Thursday, August 13 2026 - 12:54 AM
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At the preliminary market, the trainer said that if we just let the horses run as they go, they could definitely achieve good results. I think the good result came from developing the game with the fast-starting “Fly Top Queen” and “Joy Lucky” in mind. The horse was in good condition from the start, and from Tuesday we began serious training and worked out our rhythm. I’m very happy to have won, and even while I’m active in Japan, if there’s a race in Korea in the future, I’d like to come often and say hello.At the end of last year, the Ministry of Agriculture, Food and Rural Affairs completed a commissioned study titled “Measures to Revitalize Off-Track Betting Venues,” which included 15 key tasks for revitalizing off-track betting venues, including an online betting system.
Wednesday, August 12 2026 - 11:05 AM
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In particular, it has been assigned the tasks of streamlining non-core businesses and improving organizational and managerial efficiency, but in addition to the horse racing business, the theme park and riding school must be entrusted to the private sector, and idle assets must be sold.Regarding the push for this public institution function adjustment, an official from the Ministry of Economy and Finance, which is in charge of the Ministry of Agriculture and Forestry and its affiliated agencies, said, “At present, only the goals have been set. It is still unclear in what form the adjustment will be made. Since the decision to proceed with functional adjustments has been made, the Korea Racing Authority will submit a draft of a practical implementation plan through a commissioned study.
Wednesday, August 12 2026 - 11:00 AM
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The government, which is promoting public sector reform through the normalization of public institutions as a core task of the three-year economic innovation plan, has decided to pursue functional reallocation, strengthening of core functions, and expanded private sector participation in 87 public institutions across three major sectors: social overhead capital (SOC), agriculture, forestry and fisheries, and culture and arts.The operations of 52 institutions were to be coordinated, and among them, 4 institutions were to be abolished.The Ministry of Economy and Finance stated that this functional adjustment was prepared through consultations with experts, policy forums, and feedback from related ministries, and that it aims to channel the personnel and resources secured through consolidating similar and overlapping functions, abolishing or downsizing areas where direct execution by the public sector is unnecessary, and reducing excessive support organizations to strengthening core functions.
Wednesday, August 12 2026 - 10:54 AM
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The government, which is promoting public sector reform through the normalization of public institutions as a core task of the three-year economic innovation plan, has decided to pursue functional reallocation, strengthening of core functions, and expanded private sector participation in 87 public institutions across three major sectors: social overhead capital (SOC), agriculture, forestry and fisheries, and culture and arts.The operations of 52 institutions were to be coordinated, and among them, 4 institutions were to be abolished.The Ministry of Economy and Finance stated that this functional adjustment was prepared through consultations with experts, policy forums, and feedback from related ministries, and that it aims to channel the personnel and resources secured through consolidating similar and overlapping functions, abolishing or downsizing areas where direct execution by the public sector is unnecessary, and reducing excessive support organizations to strengthening core functions.
Wednesday, August 12 2026 - 10:28 AM
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They also stated that, in addition to the 500 million won already spent since 2013 on scholarships for the Yongsan area and regional development funds, they plan to provide an additional total of 3 billion won in donations, prioritizing the hiring of about 100 race officials—including those responsible for sales, security, order, and beautification—from local residents.With the operation of the Culture Sympathy Center and regional coexistence projects, LetsRun CCC Yongsan is establishing a new model for off-track betting centers nationwide, and whether it will operate normally is expected to become a turning point starting this weekend and over the next two to three weeks.The Korea Racing Authority is expected to downsize. As part of the public sector reform being promoted by the government, the Korea Racing Authority’s organization will be restructured to focus on the horse racing business, and non-core operations will be entrusted to the private sector.
Wednesday, August 12 2026 - 10:14 AM
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Despite calls from various sectors to focus enforcement and prevention on illegal gambling activities, the Gambling Supervision Commission consistently maintained strong regulatory policies toward the legal gambling industry. However, it appears that these policies ultimately caused a balloon effect, and signs are gradually emerging that the commission’s policy is beginning to change.Recently, the Gambling Supervisory Commission has hinted at allowing the Ministry of Agriculture, Food and Rural Affairs and the Korea Racing Authority to resume online betting, but it is known to be demanding thorough preparations to prevent gambling addiction, such as implementing a real-name system and adhering to purchase limits.The abolition of online betting, which goes against the times, has, in turn, caused inconvenience to horse racing fans, worsened the viewing environment, and led to a lack of service.
Wednesday, August 12 2026 - 09:45 AM
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Furthermore, it was stated that “by securing the competitiveness of legal horse racing, it is expected to have the effect of reducing the harm caused by illegal private horse racing.”The Korea Racing Authority is also making great efforts to resume online betting. In 2013, the Korea Racing Authority had already proposed to the National Assembly that the bill be amended to allow betting tickets to be purchased online. At the time, the Korea Racing Authority proposed that, as illegal horse racing continues to rise, causing severe damage such as massive tax revenue outflow and gambling addiction, a major government crackdown is needed to legitimize the underground economy and minimize the social losses caused by gambling.
Wednesday, August 12 2026 - 09:41 AM
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Although it may seem delayed, the revival of online betting appears to be something that must be restored in order to legitimize the underground economy and help the horse racing industry overcome its crisis.A horse racing fan who was blocked from entering the Yongsan branch on the 7th said, “I don’t understand why they are making innocent horse racing fans suffer just to support their own claims.” Are they the only people? I am a citizen too. And the Korea Racing Authority should also make sure there are no inconveniences for horse racing fans if they are to serve them," he vented in frustration. In particular, the protesters on the opposite side drew frow-worthy attention by even blocking the elderly people who use the cultural center from entering.
Wednesday, August 12 2026 - 09:36 AM
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I didn’t specify one particular horse, and it seems that all the horses that participated in today’s training will improve. In the training group that focused mainly on Jomasak, the horse that first showed sluggish movement became more active in the afternoon, and the horse that had originally been active showed stable movement, so everything went in a good direction. The group that had been dominating was unstable when it came to rein it in, but after training, it rode steadily. For a first day, the training went well.
Wednesday, August 12 2026 - 09:28 AM
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Since I was a child, my father ran a farm raising livestock such as deer, pigs, and goats, so I had no hesitation in raising animals, and horseback riding, which I learned as an elective in college, became my connection. Seeing that I learned horseback riding as quickly as the other kids, the riding instructor even praised me. And by the time I was riding for the third time, the instructor even said, “Would you consider helping me work at the riding stable?”While preparing for the university graduation presentation,
Wednesday, August 12 2026 - 09:19 AM
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When he earned his doctorate in agricultural economics in Germany in the 1980s, he had already been involved with the horse industry. In a 2016 interview with Horse Industry Journal, the newly appointed CEO emphasized the establishment of item-specific cooperatives, the introduction of a “quota system,” and the development of research on horse culture.Newly appointed representative Jeong Myeong-chae emphasized, “We must establish cooperatives in each region, elevate them to the level of a national federation,
Wednesday, August 12 2026 - 09:16 AM
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They also stated that, in addition to the 500 million won already spent since 2013 on scholarships for the Yongsan area and regional development funds, they plan to provide an additional total of 3 billion won in donations, prioritizing the hiring of about 100 race officials—including those responsible for sales, security, order, and beautification—from local residents.With the operation of the Culture Sympathy Center and regional coexistence projects, LetsRun CCC Yongsan is establishing a new model for off-track betting centers nationwide, and whether it will operate normally is expected to become a turning point starting this weekend and over the next two to three weeks.The Korea Racing Authority is expected to downsize. As part of the public sector reform being promoted by the government, the Korea Racing Authority’s organization will be restructured to focus on the horse racing business, and non-core operations will be entrusted to the private sector.
Wednesday, August 12 2026 - 09:14 AM