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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.

NTRA National Pick 4 Offered Saturday

The National Thoroughbred Racing Association announced Thursday that it will offer another "National Pick 4" wager this Saturday, Aug. 14, as part of its "NTRA Super Saturday" series that will be featured on the ABC and ESPN networks.

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.

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.

Taking Care of Business

By Ray Paulick -- This is supposed to be the time of year when the racing world starts talking Saratoga and Del Mar, and the search begins for the hot 2-year-olds who look like they could be Triple Crown prospects 10 months from now.

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.

Paragallo Donation Pushes N.Y. Heroes Fund over $4.4 Million

The National Thoroughbred Racing Association and Breeders' Cup Ltd. Saturday made a contribution of $250,000 to America's Camp through the NTRA Charities - New York Heroes Fund. The disbursement brings total Heroes Fund contributions to Sept. 11-related charitable programs to $4.45 million and total contributions to America's Camp to $350,000.

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.

NTRA Inks Deal to Sell 'Smarty' Merchandise

Merchandise featuring the image of dual classic winner Smarty Jones, including t-shirts and caps, will be available at racetracks across the country on Belmont Stakes (gr. I) day under a deal reached between the National Thoroughbred Racing Association and the undefeated colt's owners, Roy and Patricia Chapman.

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.

NTRA to Offer Purse Money Tied to Dodge Support

The National Thoroughbred Racing Association (NTRA), Breeders' Cup Limited and NTRA Purchasing has announced a program linking horsemens support for the sponsorship of Dodge with increased purse money. The program, entitled Dodge Drive to the Finish Line, is intended to provide incentive to NTRA member horsemens' associations to promote and sell Dodge vehicles in return for a reimbursement in the form of increased prize money.

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