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.
The Groom Elite Program is undergoing a restructuring to meet increased demand for its services, officials said Jan. 15.
The NTRA, Lockton Insurance Brokers, and Burns & Wilcox Brokerage have completed development of a new jockey accident coverage insurance program for racetracks that aims to offer enhanced coverage.
NBC Sports has won the Eclipse Award for live television programming for its broadcast of the 2014 Breeders' Cup Classic (gr. I), the 11th such award for the network.
Online voting is now open at the National Thoroughbred Racing Association website for the 16th annual Moment of the Year.
The National Thoroughbred Racing Association announced Dec. 10 it has an agreement with Lockton Insurance Brokers to offer a new risk-management and employee benefits program for the industry.
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.
The wide-open race for Horse of the Year should make the 2015 annual Eclipse Awards dinner an intriguing event.
Golden Gate Fields has earned re-accreditation from the National Thoroughbred Racing Association's Safety and Integrity Alliance, the NTRA announced Oct. 9.
Unless horse racing first reaches industry consensus on medication reform, the National Thoroughbred Racing Association does not expect Congress to move forward on federal medication legislation.
The National Thoroughbred Racing Association will host its next legislative briefing open to industry stakeholders and other interested parties Aug. 21 in the Del Mar Turf Club director's room.
The National Thoroughbred Racing Association Aug. 8 announced four new appointees to the organization's board of directors unanimously elected at the morning's quarterly board meeting in Saratoga Springs, N.Y.
Advocates for change in horse racing didn't find much reason for optimism in the National Thoroughbred Racing Association's legislative update held in Saratoga Springs Aug. 7.
The National Thoroughbred Racing Association, the NTRA Advantage group purchasing program, and Nationwide Insurance announced Aug. 7 that they have entered into a marketing agreement.
The National Thoroughbred Racing Association has scheduled three legislative briefings in August and September. The first one will be held Aug. 7 at Fasig-Tipton in Saratoga Springs, N.Y.
The 28-page report includes NTRA's audited financial statements. For fiscal year 2014, covering the period Feb. 1, 2013 through Jan. 31, 2014, the NTRA's net revenue was $667,477, which represents a $600,627 improvement.
Southern California's Los Alamitos Race Course, now running its first Thoroughbred meet in 23 years, has earned accreditation from the National Thoroughbred Racing Association Safety and Integrity Alliance.
Indiana Grand Racing & Casino in Shelbyville, Ind., has earned accreditation from the NTRA Safety and Integrity Alliance, it was announced June 25.
Estimated prize money for the National Handicapping Championship finals in 2015 will total $2 million, up about 25% from this year, officials said June 19.
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.
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.
Woodbine has earned re-accreditation for its Thoroughbred operations from the the National Thoroughbred Racing Association Safety and Integrity Alliance, the NTRA announced April 9.
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.
An updated set of racetrack safety and integrity standards has been circulated to members of the National Thoroughbred Racing Association Safety and Integrity Alliance, and that it is now available for public comment.
- By Tom LaMarra
Two Republican members of Congress have introduced legislation that would ban Internet gambling by restoring the original interpretation of the federal Wire Act.
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.
Aqueduct Racetrack has earned re-accreditation from the National Thoroughbred Racing Association Safety and Integrity Alliance, the organization announced March 14.
"Time to Ride," an effort to expose 100,000 new people to horses over a 100-day period, has been launched.
The National Thoroughbred Racing Association released the rules for the 2014 Daily Racing Form National Handicapping Championship Tour Jan. 22. Signups for the 2014 DRF NHC Tour are being accepted here.
Most Popular Stories
- Divisidero, Bolo Meet in Deep Belmont Derby
- Lady Eli Heads Brown's Belmont Oaks Hand
- Texas Red Provides Dwyer Stakes Star Power
- Kentuckian Tops Los Alamitos Derby Field
- Classic Winner Tonalist Towers Over Suburban
- Wise Dan Cleared to Resume Full Training
- Grade I Winners Meet in Belmont Sprint
- Trainer Walsh Says Mistake Led to Positive
- Twining Dies in Japan at Age 24
- California Implements New Whip Rule