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Judge Rules New Mexico Tracks May Not Use Purse Money To Pay Insurance
New Mexico Horsemen's Association claim $9 million has been used to pay premiums since 2009.

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Judge Rules New Mexico Tracks May Not Use Purse Money To Pay Insurance

ALBUQUERQUE, NM–OCTOBER 11, 2022–The New Mexico Horsemen's Association claimed victory in a funding dispute with the state's racing commission and racetracks, citing a recent  order by New Mexico District Court Judge Victor S. Lopez.

The organization distributed a press release today stating that Lopez determined the New Mexico Racing Commission improperly required horsemen, through their purse accounts, to pay half of the racetrack-obtained insurance premiums for jockeys and exercise riders—in violation of state statute.

"It is neither the commission's nor this court's role to decide and implement policy which would essentially allow the skimming of racing revenue for the admittedly favorable purpose of protecting jockeys and exercise riders who may sustain injuries in the course of engaging in the inherently dangerous profession of horse racing," Lopez wrote in his order.

According to the NMHA since 2009 more than $9 million was used from purse accounts at New Mexico's five racetracks to pay insurance premiums.

Today the New Mexico Racing Commission issued a statement that the method of funding insurance premiums had been in effect since 2007 and was made in agreement with NMHA. According to NMRC, the insurance was in place to insure jockeys and riders hired by horsemen were covered.

"NMRC is adamant that steps will be taken to ensure that all jockeys and riders are properly insured," the regulator added.

The ruling could affect Horseracing Integrity and Safety Authority fee collection, with the NMRC saying it is seeking a "fair and efficient way for New Mexico horsemen to pay those fees."