Articles posted January 2, 2013

Headlines and features from the Thoroughbred industry

No Tax Code Changes on Gambling Deductions

Following targeted lobbying from the NTRA, "Fiscal Cliff" legislation passed Jan. 1 by both the U.S. Senate and House of Representatives contained language that exempts wagering losses from limitaton on itemized deductions.

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American Pharoah (KY)

Trainer: Bob Baffert
Owner: Zayat Stables, LLC
Jockey: Victor Espinoza
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