National Thoroughbred Racing Association

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New Partners Join NTRA/Breeders' Cup

The National Thoroughbred Racing Association (NTRA) announced that Budget Rent A Car, Century 21 Real Estate Corporation, and the Days Inn hotel chain have reached an agreement to become Official Partners of the NTRA and the Breeders' Cup World Thoroughbred Championships.

Former HBPA President to Fight Allegations

The former president of the Charles Town Horsemen's Benevolent and Protective Association said he would fight charges leveled by the current Charles Town HBPA board of directors over alleged unauthorized loans and purchases while he was in office.

Players' Panel Recommendations Still Await Action

A few racetracks have adopted recommendations made last year by the National Thoroughbred Racing Association Players' Panel, but NTRA officials and panel members said Sept. 28 the response generally has been sparse if not disappointing.

Marketing Guru: Racing Not Keeping Up With the Joneses

Horse racing might be better served by shifting its focus from advertising to public relations to better develop a product consumers will want, a marketing strategy specialist said during the National Thoroughbred Racing Association Annual Meeting and Marketing Summit in Las Vegas.

Van Clief Named NTRA Commissioner

D.G. Van Clief Jr. was named commissioner of the National Thoroughbred Racing Association by the organization's board of directors during its board meeting at Lone Star Park in Grand Prairie, Texas Sept. 25.

NTRA to Take Lead on Wagering Overhaul

The National Thoroughbred Racing Association will take a leadership role in the refinement of wagering security and infrastructure, its board of directors decided at a third-quarter meeting Sept. 24 in Dallas.

Wagering Task Force Report Gets Public Airing

A mixed reaction greeted the first public presentation of the National Thoroughbred Racing Association Wagering System Task Force report Sept. 20, first day of the International Simulcast Conference in Miami Beach, Fla.

Technology Lag Targeted by Wagering Task Force

The task force formed to look at why handle is up but purses are down ended up producing a report that tackles other issues such as disclosure of information from wagering outlets, technological limitations in tote systems, and the need for a secure database of wagering information.

Marketing Strategist Keynote Speaker at 'Summit'

  • News

Laura Ries, president of Ries & Ries, an Atlanta-based marketing strategy firm, will be the keynote speaker at the National Thoroughbred Racing Association Annual Meeting and Marketing Summit Sept. 26-28 at The Mirage casino in Las Vegas.

NTRA/Breeders' Cup Names Lexmark an Official Partner

The National Thoroughbred Racing Association said Aug. 15 Lexmark International has reached an agreement to become an official partner of the NTRA and an official partner of the Breeders' Cup World Thoroughbred Championships. The deal begins immediately and runs through July 31, 2007.

Round Table: Cooperation, Aggregation Still Needed

Thoroughbred racing continues to take steps on its way to becoming a true league sport, but officials at the Aug. 15 Jockey Club Round Table again beat the drum for cooperation and aggregation in what some still believe is a largely fragmented industry.

Report: Industry Must Maximize Customer Benefits

A recently released report on wagering trends concludes the "handle up, purses down" situation isn't new, and that "incentive wagering service providers"--rebate operations--improve the competitiveness of the pari-mutuel industry.

Smith Resigns From NTRA; No Word on NYRA Job

National Thoroughbred Racing Association commissioner Tim Smith tendered his resignation as expected July 27, but there was no announcement that Smith had taken a job as president and chief executive officer of the New York Racing Association.

'Tour' Moves Forward, Hires Metzger as CEO

The board of directors of the Thoroughbred Championship Tour, a proposed owner-driven series of races tied to big-event days, said July 24 it has hired Thoroughbred Owners and Breeders Association president Dan Metzger to serve as president and chief executive officer.

National HBPA OKs Hub Plan, Wagering Report

The National Horsemen's Benevolent and Protective Association has adopted a memorandum of understanding with a company that plans to operate an offshore wagering hub, and it also endorsed a draft a report on pari-mutuel economics that suggests high-volume betting shops are important to the industry.

NTRA/Breeders' Cup Rep at Homeland Security Seminar

Kentucky Sen. Damon Thayer, vice president of event marketing for the National Thoroughbred Racing Association and Breeders' Cup, was among the representatives of professional and college sports July 23 at a seminar hosted by the United States Department of Homeland Security.

Schwartz: Time to Relinquish Full-Time NYRA Post

The New York Racing Association's chief executive officer isn't willing to definitively say National Thoroughbred Racing Association commissioner Tim Smith will take over as president, but Barry Schwartz believes the time has come for him to step aside from his full-time NYRA post.

Smith May Leave NTRA for Top NYRA Post

Tim Smith, the first and only full-time commissioner of the National Thoroughbred Racing Association, may resign effective Sept. 1 and could be headed to the New York Racing Association to serve as president and chief executive officer.

Conference on Industry-Related Bill Moves Closer

  • News

The United States Senate on July 15 agreed by voice vote to send the foreign sales corporation bill, which includes provisions to eliminate the 30% withholding tax on winnings by foreign bettors and reduce the capital gains holding period for horses from two years to one, to conference.

Future Bet Shelved; Jockey Wager in the Works

The Breeders' Cup Future Bet won't be offered this year, but an official said he hopes it eventually returns under a format whereby wagering would be offered on more than 24 interests. Meanwhile, talks are under way about a new wager tied to jockey performance in the eight-race series.

PGA TOUR Head Keynote Speaker at Round Table

  • News

PGA TOUR commissioner Tim Finchem will discuss the significance of centralized structure in professional sports and the steps that golfers took to develop successful television programming, corporate sponsorships, and marketing programs when he delivers the keynote address at The Jockey Club Round Table Aug. 15 in Saratoga Springs, N.Y.

High-Volume Shops Make Case As Wagering Study Continues

As the National Thoroughbred Racing Association Wagering Systems Task Force prepares to hear recommendations on ways to address the "handle up, purses down" situation, operators of high-volume betting shops believe they might be a target and suggest that, as generators of up to 15% of annual handle in North America, they should be directly involved in the process.

BC: No Speculation on Move From Lone Star

Breeders' Cup officials said it's far too early to discuss the probability of the World Thoroughbred Championships having to move from Lone Star Park this year because of an outbreak of vesicular stomatitis in western Texas.

Imus Ranch Wins $123,000 in NTRA Promotion

The Imus Ranch, a retreat for children fighting cancer, is $123,000 richer thanks to a National Thoroughbred Racing Association promotion in which Don Imus, the popular host of WFAN's nationally syndicated "Imus in the Morning" program, wagers $10,000 on each race in the VISA Triple Crown.

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