Behind the scenes work, innovation to spark 2017
The Department of Treasury and Internal Revenue Service took a big step toward changing rules on withholding and reporting in respect to pari-mutuel winnings Dec. 29.
The National Thoroughbred Racing Association, through its involvement in the H-2B Workforce Coalition, has joined other organizations pushing to have the H-2B visa returning worker exemption reinstated in a continuing resolution.
Staff representing every major initiative at the National Thoroughbred Racing Association will be in Tucson, Ariz., next week for the racing industry's most important annual business conference.
West Virginia Racing Commission staff will explore, among other things, whether capital improvement money racetracks get from a video lottery terminal fund can be used to pay for accreditation through the NTRA Safety and Integrity Alliance.
The National Thoroughbred Racing Association and its Washington, D.C., lobbying firm are playing the waiting game regarding tax changes that would allow pari-mutuel bettors to keep more of their winnings.
A $3 million National Handicapping Championship Tour bonus will be awarded to any horseplayer who wins the Breeders' Cup Betting Challenge Nov. 4-5 and the Daily Racing Form/NTRA National Handicapping Championship Jan. 27-29, 2017.
California Chrome remains the leading Thoroughbred in North America in the weekly NTRA Top Thoroughbred Poll released July 18.
The National Thoroughbred Racing Association announced that Belmont Park has earned re-accreditation from the NTRA Safety & Integrity Alliance. The track kicks off its spring/summer meet April 29.
The National Thoroughbred Racing Association announced April 28 its board of directors had approved the association’s audited financial results for the fiscal year concluding Jan. 31, 2016, which showed positive net revenues.
Reddam Racing's Nyquist moved to the top of the National Thoroughbred Racing Association poll of top 3-year-olds after his victory in the April 2 Xpressbet.com Florida Derby (gr. I).
Louisiana State Racing Commission member and 2001 winner of the National Handicapping Championship Judy Wagner is the new chair of the Association of Racing Commissioners International.
Destin and Danzing Candy, respective winners of classics preps on the East Coast and West Coast March 12, made the top five in this week's National Thoroughbred Racing Association top 3-year-old poll released March 14.
Santa Anita Park has earned reaccreditation from the National Thoroughbred Racing Association Safety and Integrity Alliance, officials said March 11.
The National Thoroughbred Racing Association has set the dates for the next Eclipse Awards ceremony and National Handicapping Championship.
The National Thoroughbred Racing Association Feb. 23 announced that Horse PAC, the Thoroughbred racing industry's federal political action committee, has added Keith Chamblin to its board of directors.
First-time qualifier Phil Bongiovanni, a 43-year-old Thoroughbred racehorse owner from California, led the National Handicapping Championship with a $200 bankroll after the first day Jan. 28.
The National Thoroughbred Racing Association has formed a new #NHC social media team to highlight the news, personalities and culture of the $2.75 million (estimated) Daily Racing Form/NTRA National Handicapping Championship.
- By BloodHorse Staff
- Thoroughbred Racing, Breeders' Cup, Triple Crown, Northeast Region, Kentucky, Mid-Atlantic Region
American Pharoah's win in the Belmont Stakes (gr. I) to land the first Triple Crown in 37 years was named the 2015 National Thoroughbred Racing Association "Moment of the Year."
The National Thoroughbred Racing Association and Xpressbet are requesting personal photos from fans and horsemen with American Pharoah for inclusion in a video montage to be shown during the Eclipse Awards ceremony Jan. 16.
American Pharoah's Triple Crown sweep, culminating in his breathtaking victory in the Belmont Stakes presented by DraftKings (gr. I) that ended a 37-year drought, was honored Dec. 24 as the "Sports Story of the Year" by AP.
Tax incentives for horse owners, including an extension of a three-year tax depreciation for all racehorses through 2016, were passed by Congress and signed into law Dec. 18.
Provisions backed by the NTRA that offer relief for H-2B visa employers such as horse trainers are included in the budget and tax legislation agreed to Dec. 16.
Provisions tied to depreciation of racehorses for tax purposes is included in a federal tax-extender package, the National Thoroughbred Racing Association said Dec. 16.
The Del Mar Thoroughbred Club has earned re-accreditation from the National Thoroughbred Racing Association's Safety and Integrity Alliance, the NTRA announced Oct. 27
In an Aug. 29 Blood-Horse magazine story, National Thoroughbred Racing Association president Alex Waldrop and other industry leaders assessed the work of the NTRA Safety and Integrity Alliance.
Judy Wagner, the first and only horseplayers' representative on the National Thoroughbred Racing Association Board of Directors, was re-appointed to a three-year term at the organization's annual meeting Aug. 22 at Del Mar.
National Thoroughbred Racing Association officials reinforced the organization's impartial position on potential federal drug oversight in a legislative briefing with horsemen, owners, and horseplayers at Del Mar Aug. 21.
The National Thoroughbred Racing Association will host a legislative briefing open to industry stakeholders and other interested parties at 2 p.m. PDT, Aug. 21 in the Del Mar Turf Club Director's Room.
The United States Senate Finance Committee completed its work on a tax extender bill in a July 21 markup session and approved the resulting document by a 23-3 vote, the National Thoroughbred Racing Association reported.
The National Thoroughbred Racing Association announced that Red Brand fence company has signed on with NTRA Advantage as the group purchasing plan's newest partner.
The United States Department of Treasury and Internal Revenue Service were told June 17 that current regulations related to the tax withholding and reporting of pari-mutuel winnings are "unfair and totally burdensome."
Alex Waldrop, president and chief executive officer of the National Thoroughbred Racing Association, will address proposed changes to regulations on the taxing of pari-mutuel wagers at a June 17 hearing in Washington, D.C.
After a slow start that required a push for broad industry participation, the NTRA June 3 said more than 11,600 comments were submitted to the United States Department of Treasury on wagering tax changes.
The Daily Racing Form/NTRA National Handicapping Championship presented by Racetrack Television Network and Treasure Island Las Vegas, will be held Jan. 28-30, 2016.
Jeff Burch has been named senior vice president of NTRA Advantage, the National Thoroughbred Racing Association's group purchasing arm.
Industry participation in the effort to win pari-mutuel tax withholding modernization has helped push the number of comments submitted to the federal government to about 9,500 as of May 26.
The National Thoroughbred Racing Association is urging horseplayers and other industry stakeholders to submit comments in support of modernization of gambling withholding and reporting to the U.S. Department of Treasury.
- By Tom LaMarra
Industry organizations May 1 came out in opposition to legislation that would repeal the Interstate Horseracing Act because of alleged cheating in horse racing, with one group calling it a shameless publicity stunt.
The National Thoroughbred Racing Association announced May 1 that Finger Lakes Gaming & Racetrack has earned re-accreditation from the NTRA Safety and Integrity Alliance.
The National Thoroughbred Racing Association said its fiscal year that ended Jan. 31 produced net revenue of $190,340, the third consecutive year in which revenue outpaced expenses.
The National Thoroughbred Racing Association continues to move forward on work to reform tax rules on withholding and reporting with respect to pari-mutuel winnings and is calling for industry support of these efforts.
Sunland Park Racetrack & Casino earned reaccreditation from the National Thoroughbred Racing Association's Safety and Integrity Alliance, the NTRA announced March 19.
The National Thoroughbred Racing Association announced March 12 that Steve Koch has been named executive director of the NTRA Safety and Integrity Alliance.
The National Thoroughbred Racing Association has unveiled its federal legislative agenda for the 114th Congress, including tax matters, internet gaming, immigration, and racehorse drug and medication regulation and testing.
Two federal agencies have issued a notice that opens the door to the possible addition of pari-mutuel gambling winnings to updated reporting and withholding requirements being developed for bingo, keno, and slot machines.
The National Thoroughbred Racing Association announced Feb. 9 it has launched a nationwide search for its next executive director of the NTRA Safety and Integrity Alliance.
National Thoroughbred Racing Association officials met with a representative of the United States Department of Treasury Jan. 28 to discuss the racing industry's efforts to alter the pari-mutuel withholding tax structure.
The National Thoroughbred Racing Association has announced that Mike Mayo and Ron Rippey have been selected to the inaugural class of the National Handicapping Championship Hall of Fame.
California Chrome's victory in the Kentucky Derby Presented by Yum! Brands (gr. I) was voted the 2014 National Thoroughbred Racing Association Moment of the Year.
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