The Federal Trade Commission approved the Horseracing Integrity and Safety Authority’s budget for 2026 on April 13, following a unanimous vote.
The approval of the budget is part of the FTC's oversight responsibilities concerning the Authority. This decision affects how horseracing integrity and safety measures will be funded in the coming year.
According to an FTC rule, the proposed budget was published in the Federal Register, allowing members of the public to submit comments before a final decision was made. After reviewing public input, commissioners voted 2-0 in favor of approving the proposed financial plan.
The Federal Trade Commission stated that it continues its work to promote competition while protecting and educating consumers. The agency also reminded consumers that it does not demand money, make threats, request money transfers, or promise prizes. Information about consumer issues and ways to report scams or fraud can be found at ReportFraud.ftc.gov.
Looking ahead, those interested in updates from the FTC are encouraged to follow its social media channels or subscribe to press releases.
