The Louisiana Thoroughbred Breeders Association Board of Directors has announced that the LTBA will be increasing breeders' awards for Louisiana-sired accredited Louisiana-breds to 20 percent beginning with the 2019-20 Delta Downs Thoroughbred meet which opens Tuesday, Oct. 8.
Breeders' awards for accredited Louisiana-breds by stallions standing outside the state of Louisiana will continue to be paid at 18 percent.
The LTBA board is promoting the change an incentive to persuade breeders to choose stallions that stand in the state of Louisiana. The increase was passed at the Oct. 2 LTBA Board Meeting at L'auberge Casino in Lake Charles, La.
Based on 2018 figures, the change could increase breeder's awards paid out to Louisiana-sired Louisiana-breds by an estimated $500,000 this year.
“The Louisiana breeding program is one of the strongest in the country,” said LTBA President Warren J. Harang III. “The board wanted to reward breeders who make their stallion selections among the many outstanding choices we have here in the state.”
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