NTRA Seeks Help from Industry Stakeholders Regarding Withholding Changes

The proposed changes would affect pari-mutuel winnings and withholdings.

National Thoroughbred Racing Association

The NTRA is asking for continued support in pursuit of new pari-mutuel regulations.

The National Thoroughbred Racing Association (NTRA) is asking for help from horseplayers, racing fans and the greater horse racing industry to make a final, coordinated push in the effort to enact new regulations on pari-mutuel winnings and withholdings.

The following appeal has been penned by NTRA president and chief executive officer Alex Waldrop and has been distributed via e-mail to tens of thousands of contacts:

“The NTRA has been advancing this issue within the federal government for years and others in the industry sought these changes before the NTRA even came into existence nearly 20 years ago. We are now on the cusp of Treasury finally enacting the new rules – going official, so to speak. There is too much at stake to not give our all in these final strides.

"We need you to let Treasury know you’d like them to enact the newly proposed regulations. Please take 30 seconds to add your name to the thousands that have already shown their support for racing by visiting www.ntra.com/comment and submitting an e-mail to Treasury. The link does all the work – all you have to do is add your name, address and a valid e-mail.

"We have been advancing this issue within the federal government for years and others in the industry sought these changes before the NTRA even came into existence nearly 20 years ago. The NTRA is now on the cusp of Treasury finally enacting the new rules – going official, so to speak. There is too much at stake to not give our all in these final strides.

"We need you to let Treasury know you’d like them to enact the newly proposed regulations. Please take 30 seconds to add your name to the thousands that have already shown their support for Thoroughbred racing by visiting www.ntra.com/comment and submitting an e-mail to Treasury. The link does all the work – all you have to do is add your name, address and a valid email.

"The proposed rule changes have received widespread industry support, including from horseplayers, horsemen, racetracks, and every major industry group. No less an authority than Steve Crist has called them 'a godsend for horseplayers.'

"Now we need individuals like yourself to raise their voices and help us get this across the goal line. Go to www.ntra.com/comment right now and make it official.

"Thank you for helping us to return more winnings to horseplayers and increase purse money for the good of the entire industry!"

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