Extension of State Control for NYRA Looms
June 17, 2016 Tom Precious, Blood-Horse Unable to break a negotiating logjam, New York Gov. Andrew Cuomo and lawmakers have tentatively agreed to extend the state's control of the New [...]
UNITED STATES SENATE COMMITTEE JOINS HOUSE IN PRESSING TREASURY AND IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 UNITED STATES SENATE COMMITTEE JOINS HOUSE IN PRESSING TREASURY AND IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT WASHINGTON, D.C. (Thursday, June 16, 2016) The [...]
New York Lawmakers Address Worker’s Comp
June 16, 2016 Tom Precious, Blood-Horse Legislation was given final approval June 16 in New York to give new flexibility to a workers' compensation insurance fund for jockeys that has [...]
Lawmakers Defy Cuomo, Pass NYRA Legislation
June 15, 2016 Tom Precious, Blood-Horse Defying Gov. Andrew Cuomo, New York lawmakers June 15 gave final approval to legislation that would return the New York Racing Association to private [...]
MI Legislation Offers Some Hope for Racing
June 14, 2016 Tom LaMarra, Blood-Horse Michigan lawmakers have passed legislation designed to improve the condition of the struggling pari-mutuel horseracing industry. The legislation, which was sent to Gov. Rick [...]
Pretlow: NYRA Privatization Talks Stall
June 14, 2016 Tom Precious, Blood-Horse Talks have stalled over returning control of the New York Racing Association to private hands after a four-year period in which appointees of Gov. [...]
Indirect Veto Stalls Adoption of WV Rules
June 13, 2016 Tom LaMarra, Blood-Horse Some proposed changes and updates to Thoroughbred racing rules in West Virginia will have to wait almost another year because of an indirect veto [...]
Congressional Committee Pushes IRS To Modernize Pari-Mutuel Tax Treatment
IMMEDIATE RELEASE Contact: Joan Lawrence (646) 335-6833 CONGRESSIONAL COMMITTEE PUSHES IRS TO MODERNIZE PARI-MUTUEL TAX TREATMENT The U.S. House of Representatives Committee on Appropriations today passed the Financial Services and [...]
Cuomo Submits NYRA Privatization Plan
June 9, 2016 Tom LaMarra, Blood-Horse The New York Racing Association would be returned to private hands, though with a tiny leash from state government that has controlled its operations [...]
New Minnesota Law Encourages Account Wagering
June 9, 2016 Tom LaMarra, Blood-Horse Minnesota officials said advance deposit wagering legislation passed recently by lawmakers will provide an estimated $1.5 million in revenue that will be "recaptured" from [...]