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Ntra Annual Report to the Membership | 2006-2007

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Ntra Annual Report to the Membership | 2006-2007 NTRA ANNUAL REPORT to the MEMBERSHIP | 2006 -2007 NTRA MEMBER ASSOCIATIONS Map Key NTRA Member Track NTRA Member Horsemen’s Association NTRA Member Off-Track Betting Association NTRA Affiliate Founding Members • Tampa Bay HBPA United States Stampede Park LOUISIANA OHIO Breeders’ Cup Limited • Texas Horsemen’s Equestrian Federation Woodbine Fair Grounds Beulah Park Partnership LLP Keeneland Association United States Polo Entertainment Group Harrah’s, Louisiana Thistledown • Virginia HBPA Association National Thoroughbred Downs • Washington HBPA COLORADO OKLAHOMA Association United States Trotting National THA Association Arapahoe Park MARYLAND Remington Park Oak Tree Racing • Television Games Laurel Association Delaware THA DELAWARE OREGON • Illinois THA Network Pimlico The Jockey Club Delaware Park Portland Meadows • Maryland THA Racetracks Thoroughbred Owners MASSACHUSETTS • New Jersey THA FLORIDA and Breeders ARKANSAS Suffolk Park PENNSYLVANIA Association • New York THA Oaklawn Park Calder Race Course The Meadows Thoroughbred Owners Gulfstream Park MICHIGAN Philadelphia Park Horsemen’s of California CALIFORNIA Tampa Bay Downs Great Lakes Downs Associations Bay Meadows PUERTO RICO Off-Track Betting IDAHO MINNESOTA Hipodromo Camarero Kentucky Thoroughbred Organizations California Authority of Racing Fairs Les Bois Park Canterbury Park Association TEXAS Connecticut OTB Del Mar National HBPA, Inc. ILLINOIS NEBRASKA Lone Star Park • Arizona HBPA Montana Simulcast Fairplex Park Partners Arlington Park Horsemen’s Park • Arkansas HBPA Golden Gate Fields VIRGINIA Royal River Racing • Charles Town HBPA Hollywood Park INDIANA NEW JERSEY Colonial Downs • Florida HBPA Hoosier Park Meadowlands Affiliates Oak Tree Racing WASHINGTON • Indiana HBPA Monmouth Park American Quarter Association IOWA • Iowa HBPA Emerald Downs Horse Association Santa Anita Park Prairie Meadows NEW MEXICO • Kentucky HBPA WEST VIRGINIA • Equine Canada CANADA Ruidoso Downs Louisiana HBPA KENTUCKY Mountaineer Park • Michigan HBPA American Association of Evergreen Park Sunland Park Equine Practitioners Churchill Downs • Minnesota HBPA Hastings Racecourse Ellis Park Zia Park WYOMING • Nebraska HBPA American Farriers Wyoming Downs Association Millarville Keeneland NEW YORK • Ohio HBPA Northlands Park Kentucky Downs Aqueduct • Oklahoma HBPA Harness Tracks of America Rocky Mountain Turfway Park Belmont Park • Oregon HBPA Turf Club • Pennsylvania HBPA National Steeplechase Saratoga Association TABLE o f C ONTENTS MESSAGE f r o m t h e NTRA PRESIDENT a n d CEO ......................................... 2 ORGANIZATION STRUCTURE ............................................................ 4 BOARD o f DIRECTORS .................................................................... 5 LEGISLATIVE .............................................................................. 6 PUBLIC RELATIONS a n d INDUSTRY PROGRAMS ...................................... 8 CHARITABLE PROGRAMS ................................................................ 9 SPONSORSHIP a n d GROUP PURCHASING ............................................. 1 1 MARKETING , MEDIA a n d PROMOTIONS ............................................... 1 2 CONSUMER RESEARCH ................................................................. 1 3 TELEVISION .............................................................................. 1 4 A FINAL WORD ........................................................................... 1 5 FINANCIAL STATEMENTS ............................................................... 1 6 M ESSAG E f r o m t h e NTRA PRESI D E N T a n d CEO This annual report In reviewing the 10-year history of the NTRA, there includes audited financial are a number of examples of the progress our industry statements for calendar can make when we work together, speaking and acting year 2006 and reviews with one voice to achieve common goals. Over the next the NTRA’s core priorities 12 months, the NTRA will seek to focus its resources on for 2007. From a those areas that can positively benefit all segments of the financial standpoint, 2006 membership: legislative affairs in Washington, D.C., public was a very good year for relations and publicity through NTRA Communications, the NTRA thanks in good integrity, crisis management, group purchasing, marketing, measure to the hard work sponsorship and television. We also will seek to establish of my predecessors, Greg Avioli and D.G. Van Clief, Jr. new long-term priorities as we set a goal for growth and industry prosperity for all NTRA stakeholders. Since joining the NTRA in January 2007, I’ve had the good fortune of visiting with many members and industry My personal pledge to you is that we will face the stakeholders. My takeaway from those meetings is that future in a collaborative and transparent manner. The our constituents perceive the industry to be at or near an strength of the NTRA and the industry is its diverse important crossroad. membership and fan base, and we look forward to hearing thoughts and suggestions from both over the course of the That perception is borne of reality. Our industry, next year. having made significant progress in some areas, remains challenged in others. There are positive barometers, like record purses and sales at public auctions. Sincerely, On the other hand, growth of pari-mutuel handle – other than advance deposit wagering – is stagnant. While states like Florida and Pennsylvania have benefited from the addition of Racinos, other important breeding and Alexander M. Waldrop racing markets continue to be threatened by the long President and CEO shadow cast by expanded gaming and entertainment options. In many respects, our industry remains more fragmented and divided than our competition, which ironically we far too often view as being each other. 2 ORG ANIZATION STRUCTURE NTRA Charities NTRA Purchasing NTRA Investments, LLC NTRA Productions, LLC NTRA Charities, Inc. Builds awareness of Thoroughbred racing’s civic and community activities through Public Service Announcements and local programs. NTRA Investments, LLC Makes strategic acquisitions to benefit NTRA members. NTRA Productions, LLC Produces horse racing programming, maintains the world’s largest archive of racing footage and holds all NTRA programming contracts. NTRA Purchasing, LLC Delivers cost reductions and efficiencies to NTRA members and associated member organizations through group purchasing. Affiliated programs include AQHA Members Plus, Equine Canada Members First, US Polo Plus, USEF Member Perks and USTA/HTA Member Benefits. BOAR D o f DIRECTORS The 15-member NTRA Board of Directors consists Owner, breeder, horsemen director seats include of the NTRA CEO and seven representatives each for representatives from The Jockey Club, National Horsemen’s racetracks and for horsemen, owners and breeders. Benevolent and Protective Association, Thoroughbred Horsemen’s Association, Thoroughbred Owners and Track director seats include representatives from Breeders Association and Thoroughbred Owners of three independent tracks corresponding to the Eastern, California. Breeders’ Cup Limited has two horsemen Midwestern and Western regions and four major track director seats. companies: Churchill Downs Incorporated, Keeneland, Magna Entertainment Corporation and the New York Racing Association. track representatives G. Watts Humphrey, Jr. Breeders’ Cup Limited Independent Seats Robert Elliston (Turfway Park) Alan Marzelli Midwestern Region The Jockey Club Bob Green (Philadelphia Park/Greenwood Racing) Marsha Naify Eastern Region Thoroughbred Owners of California F. Jack Liebau, Sr. (Bay Meadows/Hollywood Park) Joseph Santanna Western Region Horsemen’s Benevolent & Protective Association Racetrack Company Seats ntra board committees Robert Evans NTRA Board Committees present details of select issues Churchill Downs Incorporated to the NTRA Board for review. Approval for policies, Charles Hayward programs and budgets relating to those issues requires a New York Racing Association vote of the full Board and a super majority vote, depending on the topic. Jim McAlpine Magna Entertainment Corporation audit and compensation committee Nick Nicholson Joseph Santanna, Chair Keeneland Alan Foreman G. Watts Humphrey, Jr. owner , breeder , horsemen Alan Marzelli representatives Jim McAlpine Robert Clay Breeders’ Cup Limited ntra corporate officers Executive Chairman. Robert N. Elliston Alan Foreman President & CEO . Alexander M. Waldrop Thoroughbred Horsemen’s Association Secretary. Robert Watt William Heiligbrodt Treasurer. Alan Marzelli Thoroughbred Owners and Breeders Association LE G ISLATI V E As the trade association for the Thoroughbred The NTRA activated a Federal Political Action industry, NTRA focuses its lobbying efforts on legislation Committee (PAC) in 2002 to promote and facilitate the having direct and material effect on its members and their accumulation of voluntary contributions from members business activities as they relate to race horse racing, of the NTRA and its subsidiaries and affiliates, for the breeding and pari-mutuel wagering. support of political parties and candidates for elective office in the United States. The Committee, known as In conjunction with the American Horse Council, the Horse PAC, is dedicated to the support of candidates who NTRA also supports Congressional education programs have taken responsible positions on issues involving the on general issues – such as agricultural matters and Thoroughbred racing industry. immigration – that affect
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