The National Thoroughbred Racing Association June 5 reported growing support for its effort to change the way pari-mutuel winnings are calculated for tax purposes.
The NTRA said June 3 members of Congress have asked the U.S. Department of Treasury to clarify regulations on the taxing of pari-mutuel wagers. The trade organization also is asking bettors to support an online petition.
The Indiana Horse Racing Commission April 30 adopted the Controlled Therapeutic Medication Schedule and multiple medication violation penalty system, but a watchdog organization said it's premature to call it uniformity.
The Horseracing Testing Laboratory Committee of the Racing Medication and Testing Consortium has approved full accreditation of three laboratories, it announced April 30.
Two-time Horse of the Year Wise Dan opened as the 4-1 favorite in the first-ever Horse of the Year future bet odds listed April 25 by bookmakers William Hill.
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.
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.
The United States Senate Finance Committee reported April 3 legislation that would extend expired or expiring tax provisions for race horses, including a provision to extend the three-year recovery period.
Gulfstream Park Racing & Casino will serve as host for the next two Eclipse Awards ceremonies in January 2015 and 2016 under an agreement with the National Thoroughbred Racing Association announced March 26.
The Racing Medication and Testing Consortium board of directors took several actions March 17 intended to further the process toward the nationwide adoption of uniform medication rules, penalties, and testing.
The pros and cons of exchange wagering were among the highlights of the Jan. 24 session of the Horsemen's Benevolent and Protective Association winter convention in Pasadena, Calif.
The Florida Thoroughbred Breeders' and Owners' Association has reached an agreement to serve as an official partner of the 43rd annual Eclipse Awards, the National Thoroughbred Racing Association announced Jan. 9.
A series of special events leading up to the Eclipse Awards, will benefit a range of racing-related charities, including the Gulfstream Thoroughbred Aftercare Program and Permanently Disabled Jockeys Fund.
The Thoroughbred Aftercare Alliance (TAA) will be presented with the Special Eclipse Award during the 43rd annual Eclipse Awards ceremony Jan. 18 at Gulfstream Park Racing & Casino in Hallandale Beach, Fla.
California has become the latest state to enact medication reforms developed by the Racing Medication and Testing Consortium and adopted as model rules by the Association of Racing Commissioners International.
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.
The Racing Medication and Testing Consortium's Tactical Research Program was instrumental in the Delaware Thoroughbred Racing Commission's recent prosecution of trainer Donald Roberson.
NTRA president Alex Waldrop sees little chance of federal legislation to allow expanded Internet wagering any time soon but he does believe that states will continue to take the lead on the issue.
- By Tom LaMarra
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.
The RMTC will recommend the anabolic steroid stanozolol, currently permitted for therapeutic use up to 30 days prior to racing, be eliminated from the list of substances with a recommended threshold level.
The National Thoroughbred Racing Association's political action committee cleared the $3 million mark, the organization said Aug. 20.
The National Thoroughbred Racing Association reported that after several years of losses, the Lexington-based organization posted positive net revenue of $66,851 during fiscal year 2013.
Three-time Eclipse Award-winning jockey Ramon Dominguez has retired due to the severity of injuries sustained in an accident at Aqueduct Racetrack Jan. 18.
The 43rd annual Eclipse Awards will be held Jan. 18 at Gulfstream Park Racetrack and Casino in Hallandale Beach, Fla, the National Thoroughbred Racing Association announced.
More than 100 horses are thought to have perished in the massive tornado that hit the Moore, Okla., area May 20 in addition to the human lives that were lost in the disaster.
The Racing Medication and Testing Consortium board of directors adopted recommendations for thresholds and withdrawal times for four therapeutic medications at its March 19 meeting in Baltimore.
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.
Fans visiting Gulfstream Park on the night of Jan. 19 will have unprecedented access to the Eclipse Awards-winning connections immediately following their recognition at the sold-out event.
Nick Nicholson, who retired as president of Keeneland in September of last year, will receive the Eclipse Award of Merit for his leadership and achievements on behalf of the Thoroughbred industry, officials said Jan. 7.
Recent tax legislation reinstated an important business investment incentive and substantially increased another incentive program for Thoroughbred owners and breeders and farm owners.
The 42nd annual Eclipse Awards will be broadcast live Jan. 19 on HRTV, according to an announcement. HRTV will also provide live coverage of the announcement of Eclipse Awards finalists on Jan. 5 at noon EST.
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.
A series of special events leading up to the 42nd annual Eclipse Awards will benefit several Thoroughbred industry-related charities, the National Thoroughbred Racing Association announced Dec. 4.
The National Thoroughbred Racing Association reported that 41 of the 44 federal candidates it supported through its political action committee in 2011-12 won their seats in the Nov. 6 election.
The National Thoroughbred Racing Association Safety and Integrity Alliance plans to do spot checks to ensure accredited racetracks are adhering to its code of standards, an alliance official said Sept. 29.
- By Tom LaMarra
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.
The "Night School" online fan education program will offer its first industry town hall meeting Sept. 11 evening, organizers said.
"Miami Chic" will be the theme for the 42nd annual Eclipse Awards ceremony that will be held Jan. 19, 2013, at Gulfstream Park Racing and Casino in Hallandale Beach, Fla.
The National Thoroughbred Racing Association announced June 27 that the NTRA Advantage program has topped the $100 million mark in savings to the horse industry since its inception in 2002.
Mike Ziegler, executive director of the NTRA Safety and Integrity Alliance, has been named to the same post for the Thoroughbred Aftercare Alliance.
During April 10 meeting in Lexington, TOBA board of trustee members discussed other ways owners can be involved in ending race-day medication use.
The Jockey Club and Association of Racing Commissioners International have joined forces on a searchable online database of regulatory rulings for Thoroughbred trainers.
The National Thoroughbred Racing Association board of directors has approved an $8 million budget for 2012 and reaffirmed its commitment to move forward, even in the absence of several high-profile members.
The Thoroughbred industry is making substantial strides in the area of racehorse aftercare programs -- some very public and others behind the scenes.
The National Thoroughbred Racing Association Safety and Integrity Alliance is having an impact on the racing industry despite some misconceptions and will not be derailed, NTRA president Alex Waldrop said.
The Racing Medication and Testing Consortium (RMTC) board of directors heard important updates from the organization's race day medication, drug testing initiative (DTI), and research committees during a meeting Oct. 6.
The president of the National Thoroughbred Racing Association Sept. 24 credited a Pennsylvania racetrack with initiating pre-race soundness exams but said it's not enough.
- By Tom LaMarra
Racing industry officials said a report that shows 99.5% of biological samples taken from racehorses and tested by laboratories in 2010 were "clean" dispels claims that horse racing is drug-ridden.
The National Thoroughbred Racing Association announced Aug. 24 that Bryan Pettigrew has returned to the organization as senior vice president of NTRA Advantage.
- By Tom LaMarra
The Jockey Club Aug. 14 announced a nine-step plan for the betterment of horse racing and breeding and expects to spend millions of dollars over the next five years to implement it.
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