Alex Waldrop

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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.

Thomason Newest Member of NTRA Board

Thomason Newest Member of NTRA Board

Bill Thomason, who took over as president and chief executive officer at Keeneland Sept. 1, has been named to the National Thoroughbred Racing Association board of directors.

Officials Say Report Dispels Drug Criticism

Racing industry officials said a report that shows 99.5% of biological samples taken from racehorses and tested by laboratories in 2010 were "clean" dispels claims that horse racing is drug-ridden.

Racing Keeps Eye on Internet Poker Bill

The pari-mutuel industry could end up with some benefits should Congress opt to use legalization of Internet poker to help fund continuation of broad tax cuts agreed upon by Republicans and President Obama.

NTRA: 'Punching Bag' or Valued Resource?

NTRA: 'Punching Bag' or Valued Resource?

As the National Thoroughbred Racing Association prepares for its June 3 board of directors meeting in New York amid a changing landscape, the organization's biggest challenge could very well be industry perception.

NTRA: Balanced Budget, Board Changes in Works

NTRA: Balanced Budget, Board Changes in Works

Operating revenue for the National Thoroughbred Racing Association was down 45.2% in 2009 from 2008, but expenses were down 47.5% year-to-year, leading the organization to suggest it should have a balanced budget for 2010.

Pfizer Partners With NTRA Alliance

Pfizer Partners With NTRA Alliance

The National Thoroughbred Racing Association March 31 announced that Pfizer Animal Health has become an official Equine Health Promotional Partner of the NTRA Safety and Integrity Alliance.

Numbers Show Need for Contraction, Innovation

A report showing that for the second consecutive year wagering on Thoroughbred racing in the U.S. sustained a major hit is a sign that the industry is impacted by the recession and needs to find ways to generate more money.

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