West Virginia Racing Commission staff will explore, among other things, whether capital improvement money racetracks get from a video lottery terminal fund can be used to pay for accreditation through the NTRA Safety and Integrity Alliance.
The National Thoroughbred Racing Association and its Washington, D.C., lobbying firm are playing the waiting game regarding tax changes that would allow pari-mutuel bettors to keep more of their winnings.
One of the highlights of the National Thoroughbred Racing Association annual report for fiscal year 2015-2016 is the feedback generated in its efforts to update rules on reporting and withholding of big pari-mutuel winning tickets.
California Chrome remains the leading Thoroughbred in North America in the weekly NTRA Top Thoroughbred Poll released July 18.
If the recommendations are put in place, thresholds for reporting and withholding purposes on many winning exotic bet pari-mutuel wagers would be increased.
A U.S. House of Representatives committee on June 9 encouraged the changes in language to tax laws that would allow winning players to hold on to more of their money.
Participants earn credit for the NTRA Safety and Integrity Alliance Code of Standards.
Nyquist tops poll of experts in the 3-year-old poll, while California Chrome tops overall poll.
The National Thoroughbred Racing Association announced that Churchill Downs has earned re-accreditation from the NTRA Safety and Integrity Alliance.
Reddam Racing's Nyquist moved to the top of the National Thoroughbred Racing Association poll of top 3-year-olds after his victory in the April 2 Xpressbet.com Florida Derby (gr. I).
Louisiana State Racing Commission member and 2001 winner of the National Handicapping Championship Judy Wagner is the new chair of the Association of Racing Commissioners International.
Using the recent accreditation of Fair Grounds Race Course & Slots by the NTRA Safety and Integrity Alliance as an example, NTRA president Alex Waldrop said the industry can work with regulators to improve the sport.
Destin and Danzing Candy, respective winners of classics preps on the East Coast and West Coast March 12, made the top five in this week's National Thoroughbred Racing Association top 3-year-old poll released March 14.
Mohaymen, California Chrome top week one of the National Thoroughbred Racing Association polls for 2016.
The National Thoroughbred Racing Association has set the dates for the next Eclipse Awards ceremony and National Handicapping Championship.
- By Blood-Horse Staff
- Thoroughbred Racing, Thoroughbred Breeding, Handicapping, Thoroughbred Sales, Kentucky
The National Thoroughbred Racing Association March 2 released the 2015 annual report for its bipartisan federal Political Action Committee, Horse PAC.
The National Thoroughbred Racing Association Feb. 23 announced that Horse PAC, the Thoroughbred racing industry's federal political action committee, has added Keith Chamblin to its board of directors.
Handicapping contest veteran Dave Gutfreund led the National Handicapping Championship at Treasure Island in Las Vegas after the second day Jan. 29 with a $237 bankroll.
First-time qualifier Phil Bongiovanni, a 43-year-old Thoroughbred racehorse owner from California, led the National Handicapping Championship with a $200 bankroll after the first day Jan. 28.
Who else were awarded honors in the year of American Pharoah? view slideshow
- By Blood-Horse Staff
- Thoroughbred Racing, Breeders' Cup, Triple Crown, Northeast Region, Kentucky, Mid-Atlantic Region
American Pharoah's win in the Belmont Stakes (gr. I) to land the first Triple Crown in 37 years was named the 2015 National Thoroughbred Racing Association "Moment of the Year."
American Pharoah's Triple Crown sweep, culminating in his breathtaking victory in the Belmont Stakes presented by DraftKings (gr. I) that ended a 37-year drought, was honored Dec. 24 as the "Sports Story of the Year" by AP.
Voting for 2015 NTRA Moment of the Year is underway via Twitter through Jan. 3, 2016.
Tax incentives for horse owners, including an extension of a three-year tax depreciation for all racehorses through 2016, were passed by Congress and signed into law Dec. 18.
Provisions backed by the NTRA that offer relief for H-2B visa employers such as horse trainers are included in the budget and tax legislation agreed to Dec. 16.
Provisions tied to depreciation of racehorses for tax purposes is included in a federal tax-extender package, the National Thoroughbred Racing Association said Dec. 16.
The University of Arizona Racetrack Industry Program's Global Symposium on Racing started in a big way when it asked five panelists to offer 45 ideas in 45 minutes on improving racing and the marketing of the sport.
In an Aug. 29 Blood-Horse magazine story, National Thoroughbred Racing Association president Alex Waldrop and other industry leaders assessed the work of the NTRA Safety and Integrity Alliance.
Tapit colt stars at Keeneland September and more in the September 26, 2015 issue of Blood-Horse magazine.
Reservations are being accepted for the fourth annual "Chipping in for Johnny" Morris Golf Tournament, set for Oct. 12 at the University Club of Kentucky near Lexington.
Judy Wagner, the first and only horseplayers' representative on the National Thoroughbred Racing Association Board of Directors, was re-appointed to a three-year term at the organization's annual meeting Aug. 22 at Del Mar.
National Thoroughbred Racing Association officials reinforced the organization's impartial position on potential federal drug oversight in a legislative briefing with horsemen, owners, and horseplayers at Del Mar Aug. 21.
The National Thoroughbred Racing Association will host a legislative briefing open to industry stakeholders and other interested parties at 2 p.m. PDT, Aug. 21 in the Del Mar Turf Club Director's Room.
The United States Senate Finance Committee completed its work on a tax extender bill in a July 21 markup session and approved the resulting document by a 23-3 vote, the National Thoroughbred Racing Association reported.
The United States Department of Treasury and Internal Revenue Service were told June 17 that current regulations related to the tax withholding and reporting of pari-mutuel winnings are "unfair and totally burdensome."
Alex Waldrop, president and chief executive officer of the National Thoroughbred Racing Association, will address proposed changes to regulations on the taxing of pari-mutuel wagers at a June 17 hearing in Washington, D.C.
After a slow start that required a push for broad industry participation, the NTRA June 3 said more than 11,600 comments were submitted to the United States Department of Treasury on wagering tax changes.
The Daily Racing Form/NTRA National Handicapping Championship presented by Racetrack Television Network and Treasure Island Las Vegas, will be held Jan. 28-30, 2016.
Jeff Burch has been named senior vice president of NTRA Advantage, the National Thoroughbred Racing Association's group purchasing arm.
Industry participation in the effort to win pari-mutuel tax withholding modernization has helped push the number of comments submitted to the federal government to about 9,500 as of May 26.
The National Thoroughbred Racing Association is urging horseplayers and other industry stakeholders to submit comments in support of modernization of gambling withholding and reporting to the U.S. Department of Treasury.
- By Tom LaMarra
Industry organizations May 1 came out in opposition to legislation that would repeal the Interstate Horseracing Act because of alleged cheating in horse racing, with one group calling it a shameless publicity stunt.
The National Thoroughbred Racing Association said its fiscal year that ended Jan. 31 produced net revenue of $190,340, the third consecutive year in which revenue outpaced expenses.
The National Thoroughbred Racing Association continues to move forward on work to reform tax rules on withholding and reporting with respect to pari-mutuel winnings and is calling for industry support of these efforts.
Long after his physical presence is gone, we will still find the spirit of Allen Jerkens in the people he touched, and in the way they treat their horses because of his influence.
Sunland Park Racetrack & Casino earned reaccreditation from the National Thoroughbred Racing Association's Safety and Integrity Alliance, the NTRA announced March 19.
- By Frank Angst
- Thoroughbred Racing, Handicapping, International, Southeast Region, West Region, Kentucky
While it's difficult to determine if their efforts are making much of a dent in illegal bookmaking in the U.S., federal law enforcement officials have been busy the past few years prosecuting these sports wagering operations.
The National Thoroughbred Racing Association has unveiled its federal legislative agenda for the 114th Congress, including tax matters, internet gaming, immigration, and racehorse drug and medication regulation and testing.
Two federal agencies have issued a notice that opens the door to the possible addition of pari-mutuel gambling winnings to updated reporting and withholding requirements being developed for bingo, keno, and slot machines.
Lenny Shulman talks with Randy Gullatt of Twin Creeks Farm about Constitution, Mission Impazible, Graydar, Dubai, & business partner Steve Davison. Lenny also touches on TVG and the NTRA. Presented by Hill 'n' Dale Stallions watch video
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