말산업 분야에 대한 축산발전기금 활용 확대 방안 논의

Discussions on Improving Utilization of Livestock Development Fund for Horse Industry Development : Focused on Livestock Industry Act and Korean Racing Authority Law

The Korea Racing Authority (KRA) shall pay the remaining amount of the proceeds from the racing business to the Livestock Development Fund except for the facility investment expenses required for the horse racing business and the rest as special reserves. If the horse racing business is shrinking, the scale of the livestock development fund will also decrease. The Livestock Development Fund pays the Korean Racing Authority by the Livestock Industry Act, and the operation is carried out by the NACF, which is entrusted by the supervisory department. However, in the Livestock Industry Act, support for the horse industry has been specified only recently (Dec. 31, 2018) for the purpose of the fund, so only a small part of the funds raised every year is supported in horse industry (horse production, horse racing, horse riding, etc.). The Korean Racing Authority has a policy to maintain the size of the livestock development fund by reducing the cost of racing business even if the horse racing sales are stagnant. In order to maintain the scale of payment for the Livestock Development Fund, it is necessary to implement a policy to relax or nurture the regulation on horse racing, but such support can hardly be expected. In this paper, we analyze the current situation of the establishment and operation of the Livestock Development Fund and the fund raising and Sports betting ticket, which is one of the ways to overcome the difficulties of the racing business, and revised the Livestock Industry Act and the Korean Racing Authority Law. We intend to explore the development of the horse industry by suggesting ways to expand the support of the livestock development fund to the horse industry.