National Thoroughbred Racing Association

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Horse Investment Bill Initiated in U.S. Senate

  • News

A bill designed to promote investment in the horse industry by removing provisions of federal law that favor other investments was introduced by U.S. Senator Mitch McConnell July 28.

Breeders' Cup Race Order to be Announced When Pre-Entries Released

In an effort to provide its fans with the most attractive wagering program, officials of Breeders' Cup Limited and the National Thoroughbred Racing Association announced Thursday that, for the first time, the complete race order for the 22nd Breeders' Cup World Thoroughbred Championships, will be announced on Wednesday, Oct. 19, when the Pre-Entered fields for all eight races are released.

Shapiro is Keynote Speaker at Round Table Conference

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Mark Shapiro, executive vice president who oversees programming and production for ESPN networks and ABC Sports, will deliver the keynote address at The Jockey Club's 53rd annual Round Table Conference in Saratoga Springs Aug. 21.

Handle Declines, But Purses Remain Steady

Pari-mutuel handle on Thoroughbred racing in the United States and Canada was down 3.8% in the second quarter of 2005, though purses dipped less than 1% for the quarter, according to the latest "Thoroughbred Racing Economic Indicators."

NTRA Scores Radio Award at Cannes

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The National Thoroughbred Racing Association's co-op radio advertising campaign won a Gold Lion Award at this past week's 52nd International Advertising Festival in Cannes, France. The award is one of the highest honors handed out at the international awards competition.

NTRA Projects $81 Million in Revenue by 2010

The National Thoroughbred Racing Association is projecting total operating revenue of $81.5 million by 2010, the last year of its five-year strategic plan. The largest revenue-producer would be Breeders' Cup, which has a joint operating agreement with the NTRA.

NTRA Strategic Plan Reflects Priority Shift

The National Thoroughbred Racing Association's strategic plan for the next five years clearly reflects a shift in priorities for the organization, though many of the core focus areas remain intact from its first business plan issued in 1997.

Horse Caucus Wants Pari-Mutuel Industry Protected

The Congressional Horse Caucus, now more than 60 members strong, said it supports efforts to stop illegal Internet gambling but said any proposed legislation must be clarified to protect legal pari-mutuel account wagering and simulcasting.

TCT, Breeders' Cup Sign Contract for Series

The Thoroughbred Championship Tour, a proposed series of big-event racing days leading up to the Breeders' Cup World Thoroughbred Championships, appears on track for 2006 now that the TCT and Breeders' Cup have signed a contract.

TOC Renews NTRA Membership for Five Years

The Thoroughbred Owners of California has renewed its membership in the National Thoroughbred Racing Association for the next five years in a move one NTRA official said bodes well for the overall membership renewal process.

NTRA Releases Annual Report

The National Thoroughbred Racing Association has budgeted $65.6 million in operating revenue for 2005, according to the organization's annual report, which was released Thursday.

Internet Gambling Ban Resurfaces on Capitol Hill

The pari-mutuel industry, which has hired legal specialists to deal with the ramifications of a recent World Trade Organization ruling, must now deal with the reincarnation of legislation to effectively ban Internet gambling by making financial transactions illegal.

Breeders' Cup Tickets On Delay

By this time last year, Lone Star Park officials had already reported selling 34,000 tickets for the 2004 Breeders' Cup World Thoroughbred Championships. This year is much different

Wine Ruling Could Impact Account Wagering

A United States Supreme Court ruling that overturned Michigan and New York laws that keep wine produced out of state from being shipped to in-state customers could have implications for account wagering, a National Thoroughbred Racing Association official said.

NTRA Sees Hope for Legislative Initiatives

The Thoroughbred industry, bolstered by the efforts of its political action committee, has a decent chance to get key legislation passed in Washington, D.C., officials with the National Thoroughbred Racing Association said.

Guild Calls Insurance Report 'Wholly Inadequate'

The Jockeys' Guild has slammed a report issued by the National Thoroughbred Racing Association Jockey Accident Insurance Working Group, claiming it serves to facilitate the agenda of racetracks and ignores exercise riders. The Guild also takes issue with a recommendation that jockeys help pay the cost of upgraded on-track accident insurance.

Bailey Hopes High Fly Lifts Him Into Winner's Circle

After a one-year hiatus from the Kentucky Derby (gr. I), Hall of Fame jockey Jerry Bailey is back, seeking his third win in the classic. Bailey, 47, who also just released his autobiography "Against the Odds: Riding for My Life," is booked to ride Florida Derby (gr. I) winner High Fly for trainer Nick Zito.

Major Horsemen's Groups on NTRA Fence

Two major horsemen's groups in key racing states are reassessing their membership in the National Thoroughbred Racing Association, officials said. Meanwhile, some non-members are at least considering rejoining the organization pending review of the new NTRA strategic plan.

Plan for Security Office Stirs 'Alphabet Soup'

Just days after the National Thoroughbred Racing Association said it would make the creation of an Office of Wagering Security a priority, officials indicated there could be conflict over who would run the office, as well as questions about its autonomy.

Van Clief Named NTRA Commissioner

The National Thoroughbred Racing Association, which went outside the industry for its first commissioner, has decided to stay within the industry in keeping its second. D.G. Van Clief Jr., who was named commissioner following the resignation of Tim Smith last July, will remain in the position.

Economic Impact Study to Have More Detail

With a large increase in the number of horse owners that supplied information, a new economic impact study for the horse industry, the first in almost 10 years, is expected to be more statistically reliable than its 1996 counterpart.

Joe Hirsch Scholarship Established at UK

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The University of Kentucky and the National Thoroughbred Racing Association announced the establishment of the Joe Hirsch Scholarship, which annually will provide full, one-year tuition to one student who is interested in pursuing a career in Thoroughbred racing journalism.

NTRA's Van Clief and Avioli to Address Kentucky Farm Managers

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National Thoroughbred Racing Association (NTRA) Commissioner D.G.Van Clief Jr. will address the Kentucky Thoroughbred Farm Managers' Club's (KTFMC) monthly meeting May 3 at the Crowne Plaza in Lexington. In addition to an update from Van Clief on the NTRA, Greg Avioli will discuss racing industry legislation.

TVG, NTRA, and Race for Education Team Up for Internship Program

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Television Games Network (TVG), the Race For Education and the National Thoroughbred Racing Association (NTRA) have joined forces to offer a three-month summer internship with TVG's Production Department in Los Angeles for a college junior or senior (as of Fall 2005) studying broadcasting or journalism.

U.S. Racing Indicators Decline in First Quarter

Total wagering on United States horseracing declined by 6% across North America during the first quarter of 2005, while purses and racing days also dipped, according to statistics released Feb. 8 by the National Thoroughbred Racing Association.

Handle, Purses Down in First Quarter of 2005

Total handle on United States Thoroughbred racing in North America, as well as U.S. Thoroughbred purses, were down in the first quarter of 2005 compared with the first quarter in 2004, the National Thoroughbred Racing Association and Equibase said.

Trade Ruling Questions Horse Racing Act

A World Trade Organization report released April 7 upholds the position of the United States to protect itself from illegal Internet gambling but also calls into question the fairness of the Interstate Horseracing Act.

NTRA Promotion Mails $2.2 Million in Vouchers

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The National Thoroughbred Racing Association announced today that vouchers worth a total $2.2 million, including a $1 million grand prize, have been mailed to more than 420,000 consumers as part of next week's NTRA Mystery Mutuel Voucher promotion. The vouchers are redeemable for cash April 9 at participating racetracks and OTBs. The voucher giveaway is the NTRA's 10th such promotion since August 2000.

Commission, Horsemen Seal Deal in Jersey

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The New Jersey Racing Commission and New Jersey Thoroughbred Horsemen's Association made official March 31 a legal settlement that allows the state racing industry to proceed with plans to host the 2007 Breeders' Cup World Thoroughbred Championships at Monmouth Park.

NTRA Purchasing, Harness Group Close to Deal

NTRA Purchasing, which has reached out to equine organizations outside the Thoroughbred industry, is close to signing up the United States Trotting Association, which has more than 25,000 individual members and 45 member racetracks.

Poll Says Fan Interest in Racing Up 5.1%

The number of people in the United States who said they are interested in Thoroughbred racing increased for a fifth consecutive year, according to national consumer research data released March 21 by ESPN Sports Poll, a division of TNS Sport.

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