US EditionNTRA Advocates For New WAGER Act As Repeal Of Wagering Tax
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Thoroughbred Racing Launches Campaign to Repeal Tax on Wagering
THOROUGHBRED RACING LAUNCHES CAMPAIGN TO PROMOTE REPEAL OF UNPOPULAR WAGERING TAX Lexington, KY (October 28, 2025) – The National Thoroughbred Racing Association (NTRA) announced today the release of a new campaign advocating for passage of a bill that would repeal an unpopular wagering tax that was part of legislation passed by Congress earlier this [...]
NTRA Advocates For New WAGER Act As Repeal Of Wagering Tax
The National Thoroughbred Racing Association has released a new campaign advocating for passage of a bill that would repeal a wagering tax as part of legislation passed by Congress earlier this year, the NTRA announced Tuesday. As part of the One Big Beautiful Bill Act (OBBBA) signed into law July 4, there was a tax change regarding wagering losses–reducing the deduction from 100% to 90%. In response, Kentucky Rep. Andy Barr has introduced the W…
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