NEW YORK CITY (Wednesday, July 16, 2014) – The National Thoroughbred Racing Association (NTRA) today released its Annual Report for 2013-14.
A PDF of the full document is available online here.
The 28-page report includes the organization’s audited financial statements. For Fiscal Year 2014 – covering the period February 1, 2013 through January 31, 2014 – the NTRA’s net revenue was $667,477, which represents a $600,627 improvement over Fiscal Year 2013 net revenues of $66,850.
The improved year-over-year results were attributed to disciplined spending reductions, as well as unprecedented growth in Advantage and Eclipse Awards sponsor revenues.
The Annual Report also includes information on the NTRA Safety and Integrity Alliance, federal legislative advocacy, NTRA Advantage, NTRA Communications, the Eclipse Awards and the Daily Racing Form/NTRA National Handicapping Championship presented by Racetrack Television Network, Sovereign Stable and Treasure Island Las Vegas.
About the NTRA
The NTRA is a broad-based coalition of more than 80 horse racing interests consisting of leading Thoroughbred racetracks, owners, breeders, trainers, horseplayers and affiliated horse racing associations, charged with increasing the popularity of horse racing and improving economic conditions for industry participants. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on NTRA.com, Twitter (@ntra) and Facebook (facebook.com/1NTRA).