The number of automatic IRS filings at the Breeders’ Cup dropped 97 percent this year versus last thanks to new, bettor-friendly rules.
The IRS and Treasury Department have said they will adopt new, bettor-friendly rules reducing reporting requirements for parimutuel winnings.
The Treasury Department has issued proposed rules that would ease the withholding requirements on winning horseplayers.
Ten years after Barbaro broke down in the Preakness and later succumbed to laminitis, fighting that disease remains a tricky, uncertain undertaking.
The National Thoroughbred Racing Association (NTRA) will have a “social media team” onsite to help promote the National Handicapping Championship Jan. 28-30.
Triple Crown and Breeders’ Cup Classic winner heads the finalists for the 2015 Eclipse Awards, announced today.
Monmouth Park has earned reaccreditation by the NTRA Safety and Integrity Alliance, with special commendation for its backstretch employee welfare program.
The NTRA’s Congressional agenda for the coming year focuses on tax and economic issues, with a side of immigration, internet gambling, and medication.
National handle in August dipped versus that of a year ago, as did the number of starters, in our HandleTrak report.
Handle, purses, and race days all grew in May 2014 versus a year ago, but overall the picture was decidedly mixed.