Alex Waldrop

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NTRA Advantage Surpasses $700 Million Mark

NTRA Advantage Surpasses $700 Million Mark

The National Thoroughbred Racing Association announced Dec. 5 that the NTRA Advantage program has surpassed the $700 million mark in sales of goods and services since the inception of the group purchasing arm in 2002.

NTRA Reports Positive Financial Results

The National Thoroughbred Racing Association Board of Directors on April 17 approved the association's audited financial results for the fiscal year concluding Jan. 31, 2014, which reflect net revenues of $667,477.

Waldrop: Uniform Drug Rules Must Be Adopted

Waldrop: Uniform Drug Rules Must Be Adopted

Racing jurisdictions have made progress on equine medication reform but states and their regulatory agencies must commit to move quickly and in unison, said Alex Waldrop, president of the NTRA and chairman of the RMTC.

NTRA Shows Support for Industry Reforms

The NTRA is submitting a letter to the Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade outlining progress in the national reform effort to enhance the safety and integrity of racing.

Tracks, Groups Push for Model Drug Rules

More than 50 racetracks and industry organizations have co-signed a letter to regulators urging them to adopt the uniform national model rules on medication and drug-testing reform.

Bill Reduces Capital Gains Period On Horses

Congressman Andy Barr (R-KY) introduced the Equine Tax Parity Act (H.R. 998) March 6, legislation that would reduce the capital gains holding period for horses from 24 months to 12 months.

No Tax Code Changes on Gambling Deductions

Following targeted lobbying from the NTRA, "Fiscal Cliff" legislation passed Jan. 1 by both the U.S. Senate and House of Representatives contained language that exempts wagering losses from limitaton on itemized deductions.

Thomason Newest Member of NTRA Board

Thomason Newest Member of NTRA Board

Bill Thomason, who took over as president and chief executive officer at Keeneland Sept. 1, has been named to the National Thoroughbred Racing Association board of directors.

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