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His awareness of the current problems soon led to seeking solutions and alternatives, and now the entire horse industry is engaging in a public debate to untangle the issue. Four years later, now standing in the very center of that dreamlike reality, he was elected as the new president of the 'Horse Industry Cooperative,' the Gyeonggi Horse Industry Development Council, which he had championed. On March 31, we met with Chairman Kim Ki-cheon at the Holsmate Riding Club for an interview.
Monday, September 21 2026 - 08:07 AM
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Meanwhile, Kim Jeom-oh, the 9th president who held his farewell ceremony after completing a three-year term, said, “The fact that I could serve for three years without major setbacks was made possible by the encouragement and heartfelt criticism of everyone gathered here. I thank newly appointed President Hong Dae-yu, the executive committee, and the union leadership under Chairperson Park Bong-cheol for their dedication over the past three years. I felt reassured and happy to have shared those lonely times," he said, adding,
Monday, September 21 2026 - 08:04 AM
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Recognizing that the gambling industry, including horse racing, contributes to society through leisure taxes while also protecting taxes that would otherwise be lost to illegal markets, the introduction of electronic cards to reduce revenue and leisure tax burdens should be pursued cautiously,” and suggested, “Local governments should jointly seek ways to overcome the risk of revenue losses exceeding 60% if electronic cards are introduced.
Monday, September 21 2026 - 07:59 AM
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The submitted materials included calls for raising horse racing payout rates, improving excessive horse racing taxes, and urging the reissuance of online betting tickets. Currently, the payout rate for horse racing in our country is 73%, which is too low compared to the OECD average. In Japan, it would be 75.1%, and in Hong Kong, 78.1%. In countries like the United Kingdom and Australia, the figure is as high as 89%. Our country deducts too many taxes. On top of that, there are many horse racing taxes, including a 100% increase in entrance fees, more than 100 times double taxation, and refunds exceeding 2 million won. Therefore, the content is that horse racing taxes should be reduced. It also included a requirement to conduct online betting.
Monday, September 21 2026 - 07:59 AM
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Director Kim Jong-guk said,To foster the horse industry, it would be best to develop it while maintaining horse racing revenue in connection with it, but the reality does not allow for that. Although local governments are stepping up to promote the horse industry, the importance of the leisure tax as a major source of local revenue is great, yet no one fully understands its significance. This paper discusses how local governments' adjustment grants are funded by the leisure tax,
Monday, September 21 2026 - 07:57 AM
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Online betting ticket reissuance should allow people to enjoy horse racing from anywhere with just a smartphone.Most people think of horse racing as gambling. However, quite a large number of people actually enjoy horse racing as a leisure activity in their daily lives. If the environment and culture of horse racing are improved so that it can be enjoyed as a leisure activity and the horse racing industry is revitalized, the equine industry will also thrive. I believe that revitalizing the horse industry can also provide great benefits to our society.First of all, I think it would be wonderful if the next government listens to the demands of horse racing fans and reflects them in legislation.
Monday, September 21 2026 - 07:56 AM
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I want to share the charm of horses with many people not just by observing them from a distance, but by touching and connecting with them directly.On the 4th, a ceremony was held at the Democratic Party’s Busan Election Committee office to present a policy proposal signed by 900 horse racing enthusiasts and a declaration of support for presidential candidate Moon Jae In. Several figures from the horse industry attended the event, including Kim Byung-hong, head of 'People Who Like Horse Racing,' Yang Jeong-chan, chairman of the Busan-Gyeongnam Race Park Labor Union, and Lee Dong-wook, director of the Korea Racing Fans Association.
Monday, September 21 2026 - 07:54 AM
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We are steadily introducing one to two stallions each year, and our goal is to successfully bring back retired racehorses that were active in Korea through production. That is why the offspring of Korean stallions and mares are entering overseas markets and coming home with victories. That is my remaining dream. Since they are already participating in overseas competitions under the Taegeukgi, I want them to win and give hope to the Korean racing workers who are still working tirelessly.
Monday, September 21 2026 - 07:49 AM
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Our country must also make every effort, including those in the implementing bodies, to create such an environment.Of course. Even though quite some time has passed since his retirement, he still has the same lean physique as when he was a racehorse, and he runs around energetically. Assistant trainer Yoo Byung-bok even laughs, saying it wasn’t a mistake to make him retire. Richard, the head of Isidore Ranch, also joked that since he had retired in Korea, why not go abroad and make his debut.
Monday, September 21 2026 - 07:47 AM
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Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed. Above all, I hope the day comes when the negative image of horse racing is dispelled and it can be enjoyed as a leisure activity.I agree with the view that taxes on the horse racing industry are excessive. I joined with the belief that only by reducing excessive taxes can the benefits for horse racing customers increase, and the horse racing industry develop as well.It should be considered very much. The Korea Racing Authority must work hard, but those who run the country need to pay attention and monitor the situation. Since Korean horse racing is also entering the international stage as a G2, it is necessary to create the right conditions to match that level.
Monday, September 21 2026 - 07:44 AM
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In the face of negative perceptions, people who participate in horse racing are being subjected to too many misunderstandings. Well, that really isn't the case. Horse racing is a sport that can be enjoyed fully as a leisure activity. The reason for organizing this event today is to improve the negative image of horse racing, which is perceived as gambling despite its ability to be enjoyed as a leisure activity. In addition, it is to create a forum for public discussion on tax issues unfavorable to horse racing fans and the reintroduction of online betting. Online betting tickets were discontinued in 2009, and I thought such a public discussion process might be necessary to bring them back.
Monday, September 21 2026 - 07:41 AM
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Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed. Above all, I hope the day comes when the negative image of horse racing is dispelled and it can be enjoyed as a leisure activity.First of all, I think it would be wonderful if the next government listens to the demands of horse racing fans and reflects them in legislation. Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed.
Monday, September 21 2026 - 07:39 AM
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As someone who runs a company with the support of the public, I firmly believe that I must take responsibility for social contribution.Donating in a racehorse’s name can be seen as an extension of affection for the horse. It was so sad that a brilliant champion had built a brilliant record on the racetrack, only for their name to fade and eventually be erased from memory after retirement. I hoped that the racehorse, which had brought me great joy and happiness to many people by coming to me,
Monday, September 21 2026 - 07:37 AM
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Perhaps that was what sparked it. You could say it stirred a competitive spirit. I believe that striving to find answers is something I have done throughout my life and must continue to do. I also received a lot of advice from so-called successful senior colleagues and asked many questions to strengthen my foundation. As a result, I kept encountering language and naturally began striving to understand it itself. Watching the horse I had affection for give its all on the racetrack, I suddenly felt a thrill as if I were running myself.
Monday, September 21 2026 - 07:35 AM
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For almost three or four years, I was to the point of forgetting what my main job even was. But even that is only to a certain extent; I don't know much. Somehow, the results turned out well, so they see me in a good light, but other interviewees know as much as I do. Producers conduct research on-site with much greater expertise and a considerable depth of knowledge.Of course. After making his debut in the first year, he finished with only 2 wins, and the following year he managed just 3. Not to mention the win rate.
Monday, September 21 2026 - 07:31 AM
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Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed. Above all, I hope the day comes when the negative image of horse racing is dispelled and it can be enjoyed as a leisure activity.First of all, I think it would be wonderful if the next government listens to the demands of horse racing fans and reflects them in legislation. Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed.
Monday, September 21 2026 - 07:30 AM
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Dixy Land Band, the sire of 'Plier,' was so popular at the time that his offspring dominated the top rankings in Korea, and above all, he is a mare I really like. When he was a stallion, I loved his lineage so much that I visited his ranch in person, but I was shocked by how small and unremarkable the horse looked. It was a moment that shattered the stereotype that stallions must be big and handsome. Thoroughbreds inherit a variety of traits from their dams,but the 'Dixieland Band' in particular passed down exceptional mental strength.
Monday, September 21 2026 - 07:28 AM
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In the face of negative perceptions, people who participate in horse racing are being subjected to too many misunderstandings. Well, that really isn't the case. Horse racing is a sport that can be enjoyed fully as a leisure activity. The reason for organizing this event today is to improve the negative image of horse racing, which is perceived as gambling despite its ability to be enjoyed as a leisure activity. In addition, it is to create a forum for public discussion on tax issues unfavorable to horse racing fans and the reintroduction of online betting. Online betting tickets were discontinued in 2009, and I thought such a public discussion process might be necessary to bring them back.
Monday, September 21 2026 - 07:28 AM
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Many people, including horse racing fans, have signed, and I sincerely hope the next government will make it happen so that horse racing can become a leisure activity, reflecting the wishes of those who signed. Above all, I hope the day comes when the negative image of horse racing is dispelled and it can be enjoyed as a leisure activity.I agree with the view that taxes on the horse racing industry are excessive. I joined with the belief that only by reducing excessive taxes can the benefits for horse racing customers increase, and the horse racing industry develop as well.It should be considered very much. The Korea Racing Authority must work hard, but those who run the country need to pay attention and monitor the situation. Since Korean horse racing is also entering the international stage as a G2, it is necessary to create the right conditions to match that level.
Monday, September 21 2026 - 07:26 AM
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In Seoul in 2006-07, there was a famous mare named 'Seo Summit Party,' and her husband was 'Acton Park." Seeing 'Summit Party' run, I was convinced that its grit and pedigree as a 'Fortinairner' type would be a perfect fit for our sandy water. I happened to hear that Ishidol Ranch was also considering 'Ecton Park,' and I was fully supportive, so I decided to come to Korea. It is not that I have shares or anything like that. However, all the SeAH horses I introduced after 'Ektorn Park' arrived were selected with the Ektorn Park mix in mind.
Monday, September 21 2026 - 07:24 AM
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Since Jeon Hyung-je-ma was from an indie band, I had high expectations based on his lineage, and just by looking at him, I trusted him because he was bigger and more handsome than his older brother. I’m grateful that my progress has been as satisfying as I expected and that my results have met my expectations.Since it is not entirely up to Ma-jo, we are planning the schedule in consultation with trainer Kim Young-kwan. Given the rating system in Korea, it seems unlikely that they
Monday, September 21 2026 - 07:22 AM
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Nevertheless, I believe the reason for all the love we have received is that our language has performed well and has frequently appeared in the media. I am so happy that we created words that have left a lasting impression on the fans, and I feel that returning the love you have given me is the task I still have to accomplish.The competition among the departments I belong to at Pukyong National University is extremely fierce. It is true that being in the spotlight at times also felt like a burden.
Monday, September 21 2026 - 07:18 AM
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The submitted materials included calls for raising horse racing payout rates, improving excessive horse racing taxes, and urging the reissuance of online betting tickets. Currently, the payout rate for horse racing in our country is 73%, which is too low compared to the OECD average. In Japan, it would be 75.1%, and in Hong Kong, 78.1%. In countries like the United Kingdom and Australia, the figure is as high as 89%. Our country deducts too many taxes. On top of that, there are many horse racing taxes, including a 100% increase in entrance fees, more than 100 times double taxation, and refunds exceeding 2 million won. Therefore, the content is that horse racing taxes should be reduced. It also included a requirement to conduct online betting. The smartphone penetration rate in our country exceeds 90%.
Monday, September 21 2026 - 07:17 AM
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In the face of negative perceptions, people who participate in horse racing are being subjected to too many misunderstandings. Well, that really isn't the case. Horse racing is a sport that can be enjoyed fully as a leisure activity. The reason for organizing this event today is to improve the negative image of horse racing, which is perceived as gambling despite its ability to be enjoyed as a leisure activity. In addition, it is to create a forum for public discussion on tax issues unfavorable to horse racing fans and the reintroduction of online betting. Online betting tickets were discontinued in 2009, and I thought such a public discussion process might be necessary to bring them back.
Monday, September 21 2026 - 07:14 AM
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With the strong performances of his horses, represented by 'Rock Band’ and “First Officer,” owner Jung Young-sik earned a total prize money of 1,354,755,000 won this season. Beyond visiting auction sites to select quality racehorses, he is also taking on endless challenges in the breeding sector. Based on years of pedigree research, they do not hesitate to personally source superior stallions and dam horses from overseas to find the optimal breeding mix.This is not the extent of Ma-ju Jeong Young-sik’s activities.
Monday, September 21 2026 - 07:12 AM