Donald Trump

Trump Tweets: Kentucky Derby Disqualification ‘Not A Good One’

President Donald J. Trump took time out of his Sunday morning routine to Tweet his disappointment with the stewards’ decision to disqualify Maximum Security as the winner of the Kentucky Derby because of interference. Country House was elevated to first place after a 22 1/2-minute review by stewards at Churchill Downs in Louisville, Ky., found […]

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Budget Act Retroactively Extends Three-Year Racehorse Depreciation For 2017

President Trump today signed into law the Bipartisan Budget Act, a bill that among other measures extends retroactively for fiscal year 2017 uniform three-year racehorse depreciation, an important tax provision supported by the National Thoroughbred Racing Association (NTRA) that expired in 2016 alongside certain other expired tax provisions. The bill also funds the federal government […]

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Supreme Court Will Hear New Jersey Appeal Over Sports Wagering On Monday

On Monday, the U.S. Supreme Court will hear oral arguments over whether states should have the power to legalize sports wagering. The failed federal ban on sports betting is driving an illegal, underground market of at least $150 billion annually, argues an amicus brief filed in the United States Supreme Court by the American Gaming Association (AGA). […]

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Report: Proposed Budget Could Allow Mustangs To Be Sold For Slaughter

The proposed federal budget calls for a cost savings that could allow wild horses to be sold for slaughter, according to the Associated Press. According to the report, the budget predicts roughly $10 million in savings would come from reducing costs to maintain the estimated 45,000 horses in government corrals or leased pastures. Part of that […]

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St. Elias Co-Owner Viola Withdraws Name From Secretary Of The Army Nomination

Vincent Viola, who with wife Teresa operates horse racing’s St. Elias Stables, had been selected by President-elect Donald J. Trump to serve as Secretary of the Army in mid-December, a position which requires Senate confirmation. On Friday, Viola announced that he would be withdrawing his name from the nomination, according to ABC News. “Mr. Viola has […]

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Outside The Ring: Viola’s Fasig-Tipton Punch Garners National Attention

Fasig-Tipton’s premier Saratoga Yearling Sale is getting some national publicity, but not for the reasons company officials would prefer. The New York Times on Wednesday reported on an Aug. 8, 2016,  altercation during the Fasig-Tipton yearling sale that would have been more suited to a boxing ring than the sales ring. It involved an unnamed […]

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Animals Rights Activists Pushing For Obama To Add To Horse Protection Act

While the current version of the Horse Protection Act does ban the use of chemical agents on the legs of Tennessee Walking Horses and similar breeds, animal rights activists are asking President Obama to push through additional regulations related to the act before Trump takes office, according to USA Today. The new regulations, currently under […]

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St. Elias Stables Co-Owner Viola Named Secretary Of The Army For Trump Administration

Vincent Viola, who with wife Teresa operates horse racing’s St. Elias Stables, has been selected by President-elect Donald J. Trump to serve as Secretary of the Army. Viola, 60, is also owner of the National Hockey League’s Florida Panthers and chairman of Virtu Financial, an electronic trading firm. He is a 1977 graduate of the United […]

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The Friday Show: Wild And Crazy Predictions For 2017

If there’s one thing predictable about the business of horse racing, it’s that it’s unpredictable. But in this edition of The Friday Show, Scott Jagow and Ray Paulick look into their crystal balls to come up with some things that might possibly happen in 2017 (read: never in a million years). Enjoy this holiday edition […]

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