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Kang Seok-dae, president of the Seoul Racing Authority who gave a congratulatory speech, said, "Chairman Hong Dae-yu has contributed greatly to the establishment of today's Jockey Association, and he has made great efforts for the rights and interests of the Jockey Association while serving as vice chairman of the Jockey Association. Korea's remarkable growth in horse racing, which ranks seventh in sales in the world, is the result of all horse racing officials putting their utmost efforts into their roles. Amid the global economic crisis, the horse racing industry is also going through painful times. We need to recognize the global trend and usher in a new era of leap forward.
Tuesday, June 23 2026 - 04:43 AM
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Many things have improved thanks to this. "I think Hong Dae-yu, the new chairman, has a lot of work to do," he said. "As Hong Dae-yu, the new chairman, said, Korean horse racing is just the beginning. Part 2 is a sign that Korean horse racing and Korean racehorses should start to become world-class. Without a start, nothing can be achieved. Korean racing is difficult. There is a lot of work to do. It is possible when all related organizations are together in one direction. There may be difficulties and conflicts in going one direction, but I think today's inauguration ceremony is to join forces toward one goal of developing into a global horse racing. Let's work together in the future.
Tuesday, June 23 2026 - 04:37 AM
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We want to discover related projects for provincial residents and members. For example, I want to consult with local governments and systematically support them so that they can experience horseback riding tourism like Jeju Island to distribute horseback riding to the people. If the council takes responsibility for such projects and works hard, I think it will set an example for other local governments. We will quickly include horses in livestock and proceed with the project in the form of reporting the rural horse riding course, and create a council that helps members as well. Although the start is insufficient, we will try to lay the foundation for the horse industry in Gyeonggi-do.
Tuesday, June 23 2026 - 04:32 AM
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Now that the council has officially been established, I can't help but think about what to do for the rights and interests of the people who run the horse racing course and those who raise horses. As I was elected this time, I think I really have to do my job and do well as I have done so far. I really want to find what I have to do and what I have to do. I always think about what I can do to solve and help people in need. I am doing a lot personally, and I am busy, but I want to organize and operate the council well. The first thing to do is the insurance problem. In Korea, the insurance system itself is wrong. Developed countries such as France and Germany have separate horse racing insurance and individuals have to buy it.
Tuesday, June 23 2026 - 04:30 AM
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Four years later, he has been elected as the new chairman of the Horse Industry Cooperative, or the Gyeonggi Horse Industry Development Council, which he advocated in the midst of his dream. On March 31, he met with Chairman Kim Ki-cheon at Holsmate Horse Racing Club and interviewed him. He was in Japan for a Korean-Japanese community horseback riding competition. He was contacted the day before the general meeting and returned home late in the evening. He had insisted on the need for a meeting, but he attended the meeting "without thinking" because he couldn't agree with me. This position is different from that of the chairman of the sports community.
Tuesday, June 23 2026 - 04:23 AM
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On Wednesday, August 22, 2012, he visited the "Hol's Mate Horseback Riding Club" in Hwaseong, Gyeonggi Province, before the heat had gone away. He met Kim Ki-cheon, then the head of the club, at the venue, which is said to be a hideout for Mal-riza clubs and is famous for horse-riding classes for former national team instructors. He started horse-riding at the age of 45, and was humble as he used to blow up the colorful "late wind" including the chairman of the Bucheon City Horse Racing Association, the Korean-Japanese national team of the Federation of Socialists, the Gyeonggi National Sports Festival,
Tuesday, June 23 2026 - 04:20 AM
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Gyeonggi-do, and local governments that do not collect leisure tax will also suffer from a budget allocation of 300 to 400 million won or 5 billion won. Kim Jong-kook, head of the Korea Racing Authority, the author of the paper, said in a policy proposal, "If electronic cards, which are actually real-name systems, are introduced, sales will plunge and local finances will deteriorate due to a decrease in leisure tax, so we need to find ways to maintain stable tax revenues for local governments," and added, "We need to make the public feel friendly about the leisure tax, which is the most beneficial tax item.
Tuesday, June 23 2026 - 04:16 AM
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He also presented a decrease in sales and a decrease in the amount of leisure tax payments due to electronic card introduction policies on the creation of adjustment grants by basic local governments, and studied and analyzed the impact of the reduction in leisure taxes on the distribution of adjustment grants by basic local governments.In the paper, the adjusted grant, which will be reduced by local governments due to a decrease in sales and leisure tax due to the introduction of electronic cards, will reach 104.7 billion won in all local governments if the leisure tax is reduced by 30%, and a 60% reduction in leisure tax will decrease by 160.
Tuesday, June 23 2026 - 04:11 AM
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Community Research" by the Korean Society of Community Association published on March 31, Kim Jong-kook, head of the Korea Racing Authority's Fair Division, published a research paper titled "The Impact of Gambling Industry Regulations on Coordination Grants." "To foster the horse industry, it is better to develop it while maintaining sales of horse racing in connection with horse racing, but the reality is not. Although local governments are pledging to foster the horse industry, the importance of leisure tax is very high as it becomes the main source of local governments, but no one knows the importance.
Tuesday, June 23 2026 - 04:08 AM
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Thankfully, I've enjoyed the honor, so now I'm going to focus on producing good horses. Every year, one to two seed horses are introduced, and the goal of the seed horse is to successfully reflux the production of horse racing, which retired from active duty in Korea. That is why the Jamaican between the Korean seed horse and the seed horse has been winning in overseas markets. That is my remaining dream. If I ever participate in an overseas competition with the Korean national flag on, I want to win the championship and give hope to Korean racers who are still working hard.
Tuesday, June 23 2026 - 04:02 AM
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Even though he has been retired for some time, he has the same body shape as a racehorse and runs around with full of energy. His assistant teacher Yoo Byung-bok even said with a smile, "I shouldn't have let him retire." Richard Ranchor at Isidol Ranch also said, "Since he retired in Korea, why don't we go abroad and make our debut?" Of course, he is a wonderful horse even if I look at him now, but he still has no regrets about his retirement. Of course, I have no doubt that even if he did not retire, he will show enough ability in regular races. However, what is the point of saving face by winning a regular race championship?
Tuesday, June 23 2026 - 03:58 AM
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And the word "nani" means an international rating of 113, so he later ran in a 2,000-meter race at the Dubai World Cup. I came in fifth place, and I got on the same plane as Masu Yoshida who came back from Dubai. How much Masu Yoshida bragged to me by showing the video. We won the match. To be honest, objectively, it is true that the difference with Japan is remarkable. The difference was huge just by looking at the size of horse racing officials in Dubai. There were about 10 horse racing officials from Korea, but in Japan, there seemed to be about 30 to 40 reporters and about 100 reporters including those from Korea. There was a ceremony to deliver the Dubai World Cup achievement defeat at the Bukyeong, Let's Run Park, on Sunday last week. I jokingly said this there. "We are worried about whether our horses will be able to adapt well to staying in a good stable like a hotel for three to four months and then returning to Korea."
Tuesday, June 23 2026 - 03:57 AM
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And the word "nani" means an international rating of 113, so he later ran in a 2,000-meter race at the Dubai World Cup. I came in fifth place, and I got on the same plane as Masu Yoshida who came back from Dubai. How much Masu Yoshida bragged to me by showing the video. We won the match. To be honest, objectively, it is true that the difference with Japan is remarkable. The difference was huge just by looking at the size of horse racing officials in Dubai. There were about 10 horse racing officials from Korea, but in Japan, there seemed to be about 30 to 40 reporters and about 100 reporters including those from Korea. There was a ceremony to deliver the Dubai World Cup achievement defeat at the Bukyeong, Let's Run Park, on Sunday last week. I jokingly said this there. "We are worried about whether our horses will be able to adapt well to staying in a good stable like a hotel for three to four months and then returning to Korea."
Tuesday, June 23 2026 - 03:54 AM
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Macau is different from the beginning. In the case of Macau, you can literally enjoy horse racing and have the luxury of being able to enjoy it. The same system as the face-to-face is well established, and it is culturally an object of respect to the people. Naturally, horse racing is also recognized as not bad. This did not happen suddenly one day. It may be the result of the face-to-face being naturally established because they have been engaged in respectable activities such as social contributions for a long time. In order to create such an environment in Korea, the efforts of many stakeholders, including the implementation body, should be made.
Tuesday, June 23 2026 - 03:52 AM
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And the word "nani" means an international rating of 113, so he later ran in a 2,000-meter race at the Dubai World Cup. I came in fifth place, and I got on the same plane as Masu Yoshida who came back from Dubai. How much Masu Yoshida bragged to me by showing the video. We won the match. To be honest, objectively, it is true that the difference with Japan is remarkable. The difference was huge just by looking at the size of horse racing officials in Dubai. There were about 10 horse racing officials from Korea, but in Japan, there seemed to be about 30 to 40 reporters and about 100 reporters including those from Korea. There was a ceremony to deliver the Dubai World Cup achievement defeat at the Bukyeong, Let's Run Park, on Sunday last week. I jokingly said this there. "We are worried about whether our horses will be able to adapt well to staying in a good stable like a hotel for three to four months and then returning to Korea."
Tuesday, June 23 2026 - 03:51 AM
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It is my belief that from the standpoint of running a company with the help of the people, we must take responsibility for social contribution. I hope you can see that donating in the name of a racehorse is an extension of your affection for horses. It was a pity that the outstanding famous horse made a brilliant achievement on the racetrack, but the name became blurred after retirement and later erased from memory. Thankfully, I hope that the racehorse, which came to me and gave people great joy and happiness, will remain a good memory for many people for a long time. So I donated under the name of the racehorse, and it was very popular again.
Tuesday, June 23 2026 - 03:49 AM
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After making his debut face-to-face in the first year, he finished the year with only two wins, and only three wins the following year. Not to mention the winning rate. I think that was maybe a stimulus. It stimulated the desire to win. I think trying to find answers is something I have done all my life and something I have to continue to do. At that time, I received a lot of advice from so-called senior faces, asked a lot of questions, and tried to strengthen my inner room. As a result, I kept facing horses and naturally tried to understand the horses themselves. At some point, I felt joy as if I was running directly as I watched the horse that I loved doing its best in the race.
Tuesday, June 23 2026 - 03:45 AM
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Fortunately, at the time, 'Plier' was suffering from deforestation, and as the US economy rapidly stagnated that year, the auction price was also frozen and plunged. It was 'Plier', which was listed for $100,000, but it was not sold in the end and came to Korea with me for $70,000. I tend to fall deeply into character when I fall in love with one thing. At first, I was so immersed in words that I couldn't see anything. For nearly three or four years, I even forgot what my day job was. But that was only to a certain extent, and I don't know much about it. Somehow, the result was good, and other people who face it know as much as I do.
Tuesday, June 23 2026 - 03:43 AM
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Luckily, I heard that Isidol Ranch also had 'Ecton Park' in mind, and they actively agreed to it and entered Korea. I didn't say that I had a stake. However, all the seed horses I introduced since 'Ecton Park' came in are friends I brought with 'Ecton Park' in mind. Plie' was bought at an auction. The boomer of 'Flye', 'Dixyland Band', was so popular that Jamaas swept the top rankings in Korea at the time, and most of all, it is a seed horse that I like very much. When I was working as a seed horse, I liked his lineage so much that I went to the ranch in person, and I was shocked to see his horse because it was so small and ugly.
Tuesday, June 23 2026 - 03:37 AM
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However, as time passed, the system only reduced its limitations. Then, I suddenly thought that it would be a good challenge to introduce a new lineage to Korean horse racing by introducing a good- pedigree mare. At that time, producers were not in financial condition and because the production farms were protected by the policy of the Ministry of Agriculture and Forestry, so they did not have to take on excessive challenges. I can't get much work done, but I thought about going through a small test process and trying it until now, so I came to this point.
Tuesday, June 23 2026 - 03:35 AM
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There is no special episode. If anything, we talked about it jokingly. The last Godolphin Mile race was raining a lot the day before, and since other horses have probably not been in many rain races, we jokingly said that we hope it will continue to rain. Since we've run in rain and wet sand, we thought it would be advantageous if it continued to rain. However, it rained on the morning of the competition, and when I was running the race, it didn't rain. I met Masu Yoshida of Japan in Dubai. It is the face of Nani, a famous Japanese horse. We will face off on Super Saturday, with Triple Nine ranking fifth and Nani ranking sixth, which is why we won. Park Kang-ho, Ambassador to the United Arab Emirates, and his wife visited the stadium and jokingly said, "Japan still won."
Tuesday, June 23 2026 - 03:32 AM
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When I just started my face-to-face activities, there were many problems in the production market. In the United States, the seed mares were deployed to horses that were about to be culled, and among them, the so-called "it would be good if they got caught" doctrine was widespread. It was difficult to combine various bloodlines because seed mares also relied only on good seed mares provided by the horse society. It is by no means an easy challenge for the two to purchase a racehorse. I thought it was unreasonable for me to have no choice but to make an investment with great determination.
Tuesday, June 23 2026 - 03:32 AM
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When I asked which horses would compete in Korea, they said Powerblade, Mainstay, Defensive Dement and Seoul Bullitt would participate. "Triple Nine" is a Korean representative horse that has been selected as a representative horse of the year for two consecutive years, and I decided to take part in the race. When my horse runs in a regular race, I leave everything aside and visit the racetrack. In fact, it is not easy to take a long flight for 9 to 10 hours at a considerable age. However, I think it is their duty to meet their horses when they run. And what I must see is also a must-see personality. Actually, I am not a leisurely person, but I think it was up to me more than anything else.
Tuesday, June 23 2026 - 03:28 AM
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Korean words gave good grades and were frequently mentioned in the media. I'm so happy to have made memorable words for my fans from each other, and I think it's my homework to be able to return the love you gave me. Since the typical theme was "Indie Band," pedigree expectations were sufficient, and I had faith because he was bigger and more handsome than my brother. I am grateful that his steps were as satisfactory as I thought and that his grades met my expectations. Since the horse race is not entirely a decision to make, I am consulting with assistant teacher Kim Young-kwan and making plans.
Tuesday, June 23 2026 - 03:28 AM
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This season, Jung Young-sik's face-to-face earned 1,354,755,000 won in total prize money through the performances of his horses represented by "Rock Band" and "First-class Navigator." He is also constantly challenging the breeding sector beyond visiting the auction site and choosing a good racehorse. He does not hesitate to try to find the best combination by introducing excellent seed horses and seed mares abroad based on years of pedigree study. This is not the only activities of Jung Young-sik's face-to-face. At the end of 2015, Chung Young-sik donated 100 million won to the underprivileged at the retirement ceremony of Indie Band,
Tuesday, June 23 2026 - 03:26 AM