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In 2007, ahead of the launch of the integrated supervision committee of the gambling industry, the Korea Racing Authority came up with a plan for horse racing innovation called VISION 2016 and announced a massive "horse racing innovation measures" led by the Ministry of Agriculture and Food. It can be seen that the contents of "Vision 2022" are quite similar to those presented in the horse racing innovation plan by strengthening the soundness of horse racing, advancing horse racing, promoting internationalization, expanding social contribution, improving the management efficiency of horse racing, and improving the system for horse racing innovation.
Tuesday, July 28 2026 - 05:29 AM
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Goyang Mayor Choi Sung, marathoner Lee Bong-ju, Sandara Park of idol group 2NE1, Super Junior Yesung and Donghae, and broadcaster Noh Hong-chul, were the torchbearers and wished for the successful hosting of the Pyeongchang Winter Olympics, running 36.9 kilometers. Among them, Cho Tae-hyun, a student who dreams of becoming a national equestrian athlete on behalf of the horse racing world, drew attention as a runner. Cho Tae-hyun, who played as a torchbearer on the day, was running with Park Sang-young, a gold medalist in fencing at the Rio Olympics,
Tuesday, July 28 2026 - 05:27 AM
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In addition, environmental changes in Korea are expected to change demand for leisure culture due to the relative contraction of the horse racing industry due to intensifying competition among the gambling industries, the government and legislature's tightening regulations on the gambling industry, aging and eco-friendliness, and the desire to improve quality of life. The Korean Horse Association considers the current challenges of the Korean Horse Association, such as slowing horse racing sales, fostering the horse industry, horse racing-oriented profits, and the creation of a healthy leisure culture, as tasks to be solved for the sustainable development of the horse society.
Tuesday, July 28 2026 - 05:26 AM
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Students and parents from the same school came out to cheer at the torch relay site. It was an atmosphere of enjoying the festival of people all over the world, waving banners and cheering sticks. Choi Myung-an, a teacher at Holt School who teaches Cho Tae-hyun, said, "It is an honor for my teaching student to participate in an international event, and I hope he will be a great friend based on today's feelings even after graduation."At the scene after returning from the torch relay, Park Sang-young and Cho Tae-hyun sat side by side for interviews and thanked them for going
Tuesday, July 28 2026 - 05:23 AM
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Unlike the usual rigid atmosphere, the atmosphere of the inauguration ceremony was due to the expectation that he was the first horse president appointed by the Moon Jae In government, and there were applause or loud answers to Chairman Kim Nak-soon's questions during his inauguration speech. Chairman Kim Nak-soon, who seemed to recognize the situation in which his inauguration speech was bound to be "dignified," shook hands and talked with all employees in front of the lobby of the main building after the inauguration ceremony.
Tuesday, July 28 2026 - 05:20 AM
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Assembly on June 15, 1988, he said, "I personally experienced the value of labor, the authority of workers, and communication and win-win between labor and management are important factors for corporate development, and I have established myself as my philosophy on labor-management relations.""I will not tolerate any resistance or pressure on this path," he said, as if he understood the mistake of internal factional issues that have led to complaints against Chairman Ma and submission to the outside world, including the National Assembly and the media.
Tuesday, July 28 2026 - 05:17 AM
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On the other hand, he said, "I will fully repay the employees who work hard, are creative, faithfully respond to the call of the state, and serve the interests of the people on behalf of the state," and added, "Please support and support me generously when I meet your expectations." He also said, "The chairman protects the institution and organization, and the members of the organization trust and protect the chairman. That is what promises the prosperity of the community as a Korean horse racing community."
Tuesday, July 28 2026 - 05:13 AM
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Nak-soon, who said that generating profits through horse racing is difficult for the future even considering global trends, mentioned the crisis of closing the over-the-counter sales office. "As a top professional CEO of the horse industry, I am well aware that there are some voices of concern and concern," said Chairman Kim Nak-soon, who revealed his career as a professional manager and a scholar who lectured and researched on culture and arts at a university and said, "The CEO realized that the first virtue is the ability to present the right direction and solve problems.
Tuesday, July 28 2026 - 05:10 AM
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However, despite the efforts of the Korea Racing Authority, the effect of sales growth has not been noticeable, leading to the expansion of relay races to preserve sales at Jeju Horse Racing Park.The decline in sales in the horse racing industry is noticeable, and the horse racing industry has already performed less than the total amount for three consecutive years since the Board of Audit and Inspection set the total sales volume. In particular, sales growth has continued to slow down to 3.97% in 2010 and 2.76% in 2011, and there is a growing sense of crisis that this year could lead to a slowdown in growth as well as negative growth.
Tuesday, July 28 2026 - 05:09 AM
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The external environment surrounding the horse racing industry is rapidly changing. Although the early 2000s saw the peak of rapid growth, which was unaware of the recession, growth has continued to slow down since then, and difficulties have been compounded by the government's tightening of policy regulations and strong opposition from civic groups. The horse racing industry is also showing signs of shrinking to the point of crisis while other competitive industries are showing remarkable growth due to intensifying competition among speculative industries. The horse racing industry should provide large-scale financial resources to foster the horse industry amid difficulties in continuing strong external regulations, and consider restoring the soundness and reliability of horse racing, a social demand.
Tuesday, July 28 2026 - 05:07 AM
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Most welcome of all is the recognition that "the Korean Horse Association is neither an intelligence agency nor an institution that requires special security," in which he emphasized that "we will ensure that all possible areas of work are carried out in a transparent manner." He also called it "the shortcut to restoring trust to the public." Analysts say that the remarks were made in consideration of the deterioration of the image of the Korean Horse Association and the horse industry, which was triggered by former chairmen
Tuesday, July 28 2026 - 05:07 AM
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In addition, environmental changes in Korea are expected to change demand for leisure culture due to the relative contraction of the horse racing industry due to intensifying competition among the gambling industries, the government and legislature's tightening regulations on the gambling industry, aging and eco-friendliness, and the desire to improve quality of life. The Korean Horse Association considers the current challenges of the Korean Horse Association, such as slowing horse racing sales, fostering the horse industry, horse racing-oriented profits, and the creation of a healthy leisure culture, as tasks to be solved for the sustainable development of the horse society.
Tuesday, July 28 2026 - 05:05 AM
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Fair personnel management will be the trademark of that Kim Nak-soon. Please watch."Chairman Kim Nak-soon's inaugural address reveals that he had thoroughly studied the horse racing industry and other pending issues including the organization of the Korean Horse Association before taking office as the head of the Korean Horse Association. As soon as he takes office, he will immediately start processing each department's work." In fact, he reportedly received briefings on each department's work on the day of his inauguration, last weekend and through Sunday.
Tuesday, July 28 2026 - 05:03 AM
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He emphasized that the best path and the goal of the Korean Horse Association is to return to an institution that is faithful to its purpose, and that the path is the responsibility that the state gives us and the true form of the Korean Horse Association that the people expect. He also said that generating profits through horse racing is not an end, but a means. Instead of maximizing profit generation, publicity and share should now come first, and "our community will strive to become a healthy institution that expects the highest productivity in its best condition.
Tuesday, July 28 2026 - 05:01 AM
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Emphasizing that the only way to apologize and ask for forgiveness is to be reborn, he said, "I want the day of the inauguration to be remembered as the starting date of a new history that promises and declares to the people that it is the place to be reborn as the people's horse society." Above all, he stressed that he loves the organization of the Korean Horse Association and will trust it infinitely, saying, "We can be loved enough depending on how we do it." The two tasks of the Korean Horse Association, which Chairman Kim Nak-soon revealed,
Tuesday, July 28 2026 - 04:55 AM
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Chairman Nak-soon was first called as the 36th chairman of the Korean Racing Authority and said it was a personal honor. As with most inaugurations, referring to the weather, he said, "The cold start is more the public's view of the current Korean Racing Authority than the weather," and added, "I am very afraid of the people's strict order to be reborn with a great sense of responsibility."Although he was branded as the CEO of a state-run company that is subject to public distrust, criticism, and deep-rooted evils, he said he would not hold people accountable for any reason.
Tuesday, July 28 2026 - 04:52 AM
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Prior to his inaugural address, Chairman Kim Nak-soon said, "I have never greeted you with a manuscript prepared in advance," adding, "I prepared for the inaugural address for three nights and four days at the request of the presidential office, in order to be formal." The inauguration covers 25 pages of manuscript and 3,500 words, which gives a glimpse of how important the pending tasks facing the Korean Racing Authority are. The words that were most often mentioned in the inaugural address can be summarized as
Tuesday, July 28 2026 - 04:49 AM
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Nevertheless, the Ministry of Agriculture, Food and Rural Affairs announced that the delay in the establishment of the "Second Five-Year Comprehensive Plan for Promotion of the Horse Industry," which is stipulated by law, is a loss of trust in the government and disappointing farmers and horse industry workers. Moreover, without the announcement of the "Second Five-Year Comprehensive Plan for Promotion of the Horse Industry" by the Ministry of Agriculture, Food and Rural Affairs, in September 2017,
Tuesday, July 28 2026 - 04:46 AM
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Last year, Choi Soon-sil's manipulation of state affairs, the impeachment of former President Park Geun Hye, and the election of President Moon Jae In led to a great period of turbulence that will remain in our constitutional history. In addition, North Korea's successive nuclear tests and missile launches led to not only domestic but also international security crises, including the U.S. and Japan, and economic crises caused by China's retaliation against THAAD, and it was a series of national challenges that could not be relieved internally and externally.
Tuesday, July 28 2026 - 04:43 AM
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Horses start walking and running as soon as they are born, but people do not realize their accurate motor functions until well over 10 years have passed. If you compare the horse industry development method to a person, you will be just 8 years old when you enter elementary school next year. I think the current difficulty is a growing pain for the horse industry to grow and develop further. I hope that the rehabilitation horse industry will develop so that people who wisely overcome the crisis will show interest and affection for the horse industry,
Tuesday, July 28 2026 - 04:39 AM
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Of course, there seems to be no great disagreement that most of the contents are what Korean horse racing should aim for, but many of the plans announced and promoted in thorough preparation have not been successful. Despite the fact that Korean horse racing has achieved the world's seventh-largest quantitative growth in horse racing sales over the past 90 years and paying 1.4 trillion won a year in national and local taxes, the negative image of horse racing as a leader in the gambling industry has not disappeared.
Tuesday, July 28 2026 - 04:33 AM
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Other researchers in Korea are also applying the rehabilitation riding program to various disorders such as ADHD, internet game use disorder, and intellectual disability, and presenting positive research results. Based on these achievements, the Korea Rehabilitation Horse Association was established in 2013, and on December 22, 2017, the Korea Rehabilitation Horse Association received approval from the Ministry of Agriculture, Food and Rural Affairs to establish a corporation. The Korea Rehabilitation Horse Racing Association will encompass related organizations,
Tuesday, July 28 2026 - 04:31 AM
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Of course, there seems to be no great disagreement that most of the contents are what Korean horse racing should aim for, but many of the plans announced and promoted in thorough preparation have not been successful. Despite the fact that Korean horse racing has achieved the world's seventh-largest quantitative growth in horse racing sales over the past 90 years and paying 1.4 trillion won a year in national and local taxes, the negative image of horse racing as a leader in the gambling industry has not disappeared.
Tuesday, July 28 2026 - 04:31 AM
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When there was a big event that will go down in history, and the case became public, I was embarrassed to think about how our Republic of Korea would be seen on the world stage, but I am proud to think about all of our people who overcame it wisely. What is unfortunate, however, is that the horse industry is still difficult in the aftermath of the incident, even though it has been a year of passing by, writing new history. This is because the thorny path of the horse industry, which began when a horse was at the center of last year's historical event,
Tuesday, July 28 2026 - 04:28 AM
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In addition, environmental changes in Korea are expected to change demand for leisure culture due to the relative contraction of the horse racing industry due to intensifying competition among the gambling industries, the government and legislature's tightening regulations on the gambling industry, aging and eco-friendliness, and the desire to improve quality of life. The Korean Horse Association considers the current challenges of the Korean Horse Association, such as slowing horse racing sales, fostering the horse industry, horse racing-oriented profits, and the creation of a healthy leisure culture, as tasks to be solved for the sustainable development of the horse society.
Tuesday, July 28 2026 - 04:28 AM