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BloodHorse.com Articles for "National Thoroughbred Racing Association"

Tracks Line Up Riders; Panel Hopes to Keep Focus

As two more winter Thoroughbred meets prepare to open, management is lining up commitments from jockeys in the wake of walkouts at Churchill Downs and Hoosier Park. Meanwhile, members of an insurance task force that will meet for the first time Nov. 22 hope to maintain focus and expedite recommendations.

 Friday, November 19, 2004

Guild's Insurance Strategy Remains Unclear

The national push for upgraded medical insurance for jockeys could be impacted by turmoil at the Jockeys' Guild, whose members apparently aren't all on the same page in terms of a strategy going forward.

 Thursday, November 18, 2004

NTRA Insurance Panel Schedules First Meeting

The National Thoroughbred Racing Association working group on insurance, members of which were named Nov. 16, will hold its first meeting Nov. 22.

 Tuesday, November 16, 2004

NTRA Forms Study Group on Jockeys' Insurance

The National Thoroughbred Racing Association has formed a working group to study the issue of medical insurance for jockeys.

 Monday, November 08, 2004

Breeders' Cup 2004 Sets Total Handle Record

The Oct. 30 Breeders' Cup World Thoroughbred Championships at Lone Star Park set several handle records, including an all-sources mark that topped the previous standard by a little more than $200,000.

 Friday, November 05, 2004

Symposium on Racing Slates Range of Topics

The National Thoroughbred Racing Association Wagering Systems Task Force report and a look at emerging pari-mutuel markets are among the topics to be discussed at the University of Arizona Symposium on Racing Dec. 7-10 in Tucson.

 Friday, November 05, 2004

Elimination of Withholding Tax Becomes Law

The Foreign Sales Corporation bill, which includes a provision to strike the 30% withholding tax charged to foreigners for winnings on United States races, was signed into law Oct. 22 by President Bush.

 Friday, October 22, 2004

Breeders' Cup, NTRA Hike Jockeys' Insurance at Lone Star

As concern over the amount of medical insurance for jockeys at most racetracks continues to grow, Breeders' Cup and the National Thoroughbred Racing Association announced Oct. 22 that it has arranged for increase coverage at Lone Star Park Oct. 28-30.

 Friday, October 22, 2004

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.

 Friday, October 22, 2004

Purses Increase Again, But Handle Takes a Dip

A third-quarter increase in purses despite a decrease in pari-mutuel handle is attributed to growth in alternative gaming, the National Thoroughbred Racing Association said.

 Wednesday, October 20, 2004

U. S. Senate Approves Repeal of Withholding Tax

A measure that would repeal the 30% alien withholding tax and allow the pari-mutuel industry to further export racing to foreign markets was approved by the U.S. Senate Monday, Oct. 11.

 Monday, October 11, 2004

Schwartz to Resign as CEO of NYRA at Year's End

Barry Schwartz, chairman and chief executive officer of the New York Racing Association, said he would resign effective Dec. 31 and "hand the reigns to someone new who can focus vigorous energy" on setting the future course of the association.

 Friday, October 08, 2004

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.

 Friday, October 01, 2004

NTRA, Magmic Launch Wireless Video Game

The National Thoroughbred Racing Association, Breeders' Cup Ltd. and Magmic., announced the launch Wednesday of the first officially-licensed horseracing wireless video game in North America, "Breeders' Cup 2004."

 Wednesday, September 29, 2004

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.

 Tuesday, September 28, 2004

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.

 Tuesday, September 28, 2004

Polls: Horse Racing Gains ... and It's Steadier Than Politics

Horse racing continues to gain ground in popularity and measures up very well compared with other major league sports, according to the latest information from the ESPN Sports Poll.

 Monday, September 27, 2004

Change Looms for NTRA, Breeders' Cup Moving Forward

The National Thoroughbred Racing Association and Breeders' Cup are well under way in mapping out a long-range strategy that apparently will bring changes in programs and goals as they seek a larger share of the entertainment, sports, and gambling marketplaces.

 Monday, September 27, 2004

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.

 Monday, September 27, 2004

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.

 Friday, September 24, 2004

'Mutuel Fun' Could Get Test at Keeneland Meet

Keeneland will request approval from the Kentucky Horse Racing Authority Sept. 27 to offer a new wager whereby patrons can invest money in a group of predetermined selections during each racing program at the meet that begins Oct. 8.

 Wednesday, September 22, 2004

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.

 Tuesday, September 21, 2004

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.

 Friday, September 17, 2004

BC Board OKs Van Clief as Interim NTRA Chief

The Breeders' Cup board of directors has approved president D.G. Van Clief Jr. as acting commissioner and chief executive officer of the National Thoroughbred Racing Association.

 Monday, September 13, 2004

Marketing Strategist Keynote Speaker at 'Summit'

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.

 Thursday, September 09, 2004

Tim Smith Decides Against NYRA Post

Tim Smith, former National Thoroughbred Racing Association commissioner, announced Sept. 4 that he will not become president and chief executive officer of the troubled New York Racing Association.

 Saturday, September 04, 2004

Handicapping Championship: More Money, TV

The 2005 Daily Racing Form/NTRA National Handicapping Championship will return to Bally's Las Vegas with more prize money and a follow-up television special on ESPN.

 Thursday, August 19, 2004

Van Clief: Interested, But NTRA Board to Decide

As the National Thoroughbred Racing Association embarks on its search for a replacement for outgoing commissioner Tim Smith, the intentions of a few top-level NTRA officials have become clearer.

 Wednesday, August 18, 2004

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.

 Monday, August 16, 2004

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.

 Sunday, August 15, 2004

NTRA Mystery Mutuel Vouchers: They're in the Mail

The National Thoroughbred Racing Association (NTRA) announced Wednesday that vouchers worth $2.69 million--including a $1-million grand prize--have been mailed to more than 540,000 racing fans as part of this week's NTRA Mystery Mutuel Voucher promotion.

 Wednesday, August 11, 2004

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.

 Wednesday, August 04, 2004

NYRA Monitor Says He Wants to 'Create a Positive'

The court-appointed monitor overseeing the New York Racing Association said his job is to bring "structural reforms" to NYRA, not tear it down with "scandal of the week" announcements.

 Tuesday, August 03, 2004

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.

 Wednesday, July 28, 2004

'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.

 Monday, July 26, 2004

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.

 Monday, July 26, 2004

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.

 Friday, July 23, 2004

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.

 Thursday, July 22, 2004

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.

 Monday, July 19, 2004

Bonus-Fueled Purses Up Despite Handle Dip

Though pari-mutuel handle on Thoroughbred racing in the United States and Canada dropped slightly in the second quarter of 2004, purses increased 2.86%, according to the National Thoroughbred Racing Association and Equibase.

 Monday, July 19, 2004

Conference on Industry-Related Bill Moves Closer

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.

 Friday, July 16, 2004

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.

 Friday, July 16, 2004

PGA TOUR Head Keynote Speaker at Round Table

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.

 Thursday, July 15, 2004

Wagering Systems Task Force Prepares Report

The National Thoroughbred Racing Association Wagering Systems Task Force, formed to study why handle is up but purses are down, plans to release its report in August, officials said.

 Wednesday, June 30, 2004

Harrah's Louisiana Downs Rejoins NTRA

Harrah's Louisiana Downs in Bossier City, La., has rejoined the National Thoroughbred Racing Association.

 Tuesday, June 29, 2004

Youbet.com Joins NTRA

Youbet.com has joined the National Thoroughbred Racing Association (NTRA) as a special member, the NTRA announced Friday.

 Friday, June 25, 2004

America's Day at the Races Takes a Break in '04

Officials of the Thoroughbred Owners and Breeders Association announced Friday that America's Day at the Races will not be held this year, but will return in 2005.

 Friday, June 25, 2004

Repeal of Withholding Tax Hinges on Conference

The United States House of Representatives June 17 passed the American Jobs Creation Act of 2004, another step toward possible repeal of the 30% withholding tax on pari-mutuel winnings by foreign bettors on U.S. races.

 Thursday, June 17, 2004

Breeders' Cup Board Moves Forward With TCT Plan

The Breeders' Cup board of directors June 11 approved agreement in principal with the Thoroughbred Championship Tour based upon the joint proposals of Breeders' Cup and TCT subcommittees, which met in New York the week of May 31.

 Friday, June 11, 2004

Smarty Jones, Merchandise Very Hot Commodities

Smarty Jones and just about anyone or anything connected to him have proven hot commodities in anticipation of a Visa Triple Crown Challenge bid June 5 at Belmont Park.

 Friday, May 28, 2004
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