Keyword: Task Force on Economic Regulation

  • NTRA commissioner Tim Smith: "Horseracing needs the ability to compete, innovate and meet the needs of its customers without excessive regulation."

    Task Force Report: Regulations Impair Racing's Ability to Compete

    A report conducted on behalf of the NTRA Task Force on Economic Regulation has concluded that excessive regulation impairs horseracing's ability to compete in the gaming and entertainment marketplace. In addition, the report concludes that much of the regulation of the pari-mutuel industry is a holdover from an era when it enjoyed a virtual monopoly on legalized gaming in the U.S. The report, issued Friday as part of the Symposium on Racing in Arizona, also offered recommendations on how the regulatory stranglehold can be relieved.