Employers in the horse racing industry who rely on the H-2B visa program are urged to contact their United States Senator and Representative immediately to help ensure that the returning worker exemption remains in place, as Congress drafts… Read More
The TOC strongly supports Assembly Bill 2863 that would legalize Internet Poker in California and provide an annual payment of $60 million to the horse racing industry — including more than $20 million in new Thoroughbred purses. The… Read More
Attendees at the Open Forum at Los Alamitos on Saturday, April 23 heard TOC President, Nick Coukos, speak about the current state of Stabling and Vanning, ADW, Offtrack Betting, Workers’ Compensation, Purses, Legislation, and the upcoming TOC board… Read More
President Obama this afternoon signed into law H.R. 2029, which includes the Protecting Americans from Tax Hikes (PATH) Act of 2015 and the related omnibus appropriations bill, both of which carry provisions backed by the National Thoroughbred Racing… Read More
In response to efforts spearheaded by the NTRA, the U.S. Department of the Treasury and Internal Revenue Service (IRS) are considering changes to reporting and withholding requirements that would dramatically change the tax structure for pari-mutuel winnings. We… Read More
NTRA SUBMITS OFFICIAL RESPONSE TO IRS/TREASURY REQUEST FOR COMMENT ON PARI-MUTUEL REPORTING AND WITHHOLDING Public Invited to Submit Comments to Policymakers LEXINGTON, Ky. (Tuesday, April 21, 2015) – The National Thoroughbred Racing Association (NTRA) has submitted its official response… Read More