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Maryland Thoroughbred Horsemen's Association

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uuid00ebzds

Namestring
Maryland Thoroughbred Horsemen's Association
Legal namestring
Maryland Thoroughbred Horsemen's Association
Websiteurl
mdhorsemen.com
Company typeenum
Private
Founded yearint
1986
Descriptiontext

The Maryland Thoroughbred Horsemen's Association (MTHA) is a private nonprofit membership organization headquartered at 500 Redland Court, Suite 105, Owings Mills, Maryland, that serves as the officially authorized representative of Maryland's Thoroughbred owners, trainers, and breeders. Governed by a 15-member Board of Directors, MTHA advocates before the Maryland Racing Commission and partners with The Maryland Jockey Club and the Maryland Horse Breeders Association on racing operations, purse structures, and bonus programs. Its membership base spans the state's licensed racing participants, with documented engagement including a bi-monthly newsletter distributed to thousands, dedicated WhatsApp community groups for Laurel Park trainers, Pimlico trainers, jockeys, racing office, and backstretch community, plus regular Board meetings at Laurel Park with Zoom participation.

MTHA's core product portfolio is a suite of member benefit and industry-support programs rather than commercial offerings. Principal programs include the Backstretch Pension Plan (approximately $1 million in annual contributions supporting 115 enrolled individuals for 2024/25), the Maryland-Bred Owner & Developer Bonus Program ($700,000 pool for 2026, expanded from $600,000 in 2025), the Maryland Horsemen's Health System delivered through MedStar Health physicians on race days, the Mobile Dentist program funded by the Laurel Multi Services Center, the Beyond The Wire Thoroughbred aftercare initiative, the Maryland Jockey Benevolence Program, the Ferris Allen Bootstraps Scholarship ($10,000 annually to one backstretch recipient), burial assistance, immigration and visa services, recreation programs, and a Groom Awards recognition program. Strategic partners include MedStar Health (medical services), The Maryland Jockey Club (racetrack operator of Laurel Park and Pimlico), Maryland Horse Breeders Association (bonus eligibility), Beyond The Wire (aftercare), Colonial Downs and Delaware Park (out-of-state summer bonus programs), and the Maryland Racing Commission (regulatory advocacy target).

The organization's revenue model is best characterized as professional services funded through industry participation, partnership contributions, and program-specific revenue streams rather than traditional membership dues. Documented income channels include $50 per jockey pre-performance physical (proceeds supporting the Horsemen's Health System), $150 TERF Soiree fundraiser tickets, and pass-through jockey mount fee deductions that generate more than $26,000 annually each for Beyond The Wire and the Maryland Jockey Benevolence Program. MTHA operates without a parent company, has no subsidiaries, and does not publicly disclose financials, reflecting its nonprofit trade-association structure. Recent corporate-structural developments include the state's $85 million acquisition of the Preakness Stakes intellectual property (June 2026), Board of Public Works approval of the state purchase of Laurel Park, and ongoing Pimlico Race Course redevelopment, all of which materially reshape the Maryland racing infrastructure MTHA's members depend on.

Short descriptiontext

The Maryland Thoroughbred Horsemen's Association (MTHA) is a nonprofit trade association serving as the officially authorized representative of Maryland Thoroughbred owners, trainers, and breeders, delivering advocacy, health, pension, and bonus programs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersOwings Mills, United States
HQ citystring
Owings Mills
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
thoroughbred racing association, horse racing advocacy, backstretch pension programs, thoroughbred aftercare services, horsemen health services
Industry3 codes
1Training, Stables & Equine Services
CodeMPAEADAIPrimaryYes
2Racehorse Ownership, Syndication & Investment Platforms
CodeMPAEADAGPrimaryNo
3Equine Veterinary, Welfare & Anti-Doping Services
CodeMPAEADAJPrimaryNo
NAICS code1 code
  • Promoters of Performing Arts, Sports, and Similar Events7113
SIC code2 codes
  • Services-Membership Sports & Recreation Clubs7997
  • Services-Racing, Including Track Operation7948
Product category
Horse Racing Trade Association
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership Services and Advocacy
TypeProfessional Services
Description

As the officially authorized organization representing Maryland's Thoroughbred owners and trainers, MTHA provides advocacy, representation, and support services funded through industry participation and partnerships rather than direct membership fees.

mdhorsemen.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
Pricing details4 tiers
1Jockey mount fees range from $125 minimum for fourth through last place, to percentage-based fees for winning and higher placements.
ModelOtherBilling cadencePay-as-you-go
Notes

Minimum mount fee for horses finishing 4th through last: $125. Third-place mount fees: $135 (5% of purse, minimum $135). Winning mount: 10% of purse. Second-place: 5% of purse.

mdhorsemen.com
2Ferris Allen Bootstraps Scholarship awards $10,000 annually to a single qualifying recipient.
ModelOtherBilling cadenceAnnual
Notes

Scholarship amount: $10,000 total awarded annually to one recipient. Deadline to apply: August 15.

mdhorsemen.com
3Jockey pre-performance physicals carry a $50 fee with proceeds supporting the Horsemen's Health System.
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Fee of $50 per physical, collected by the horsemen's bookkeeper, with proceeds benefiting operations of the Horsemen's Health System.

mdhorsemen.com
4TERF Soiree for Safety fundraiser tickets available at $150 each.
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Tickets: $150 each, includes open bar and hors d'oeuvres. Various sponsorship packages available.

mdhorsemen.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Maryland Thoroughbred Horsemen's Association is a nonprofit trade association that represents, assists, and promotes the interests of Maryland's Thoroughbred owners and trainers through regulatory advocacy, health services (MedStar Health physicians, Mobile Dentist program), financial support programs (Backstretch Pension Plan, Maryland-Bred Bonus Programs, burial assistance, scholarships), and the Beyond The Wire Thoroughbred aftercare initiative. Programs are delivered at Maryland racetracks including Laurel Park, Pimlico Race Course, and Timonium, with bonus programs extending to Delaware Park and Colonial Downs.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 198 Maryland-bred horses earned bonuses in 2025 summer program at Colonial Downs and Delaware Park
+3 more records
Product overview1 text field

The Maryland Thoroughbred Horsemen's Association (MTHA) is a trade association offering a portfolio of programs and services for Maryland Thoroughbred racing community members including owners, trainers, jockeys, and backstretch workers. Core offerings include the Horsemen's Happenings newsletter, health services (MedStar physicians, mobile dentist), financial support programs (Backstretch Pension Plan, burial assistance, scholarships), the Maryland-Bred Bonus Programs, and the Beyond The Wire aftercare initiative. The organization also provides communication tools including WhatsApp community groups and maintains advocacy and regulatory support functions through the Maryland Racing Commission.

Product and service11 records
1Horsemen's Happenings Newsletter
CategoryCommunications and Publications
2Ferris Allen Bootstraps Scholarship Program
CategoryEducational Scholarships
3Maryland Horsemen's Health System
CategoryHealth Services
4Mobile Dentist Program
CategoryHealth Services
5Backstretch Pension Plan
CategoryRetirement and Financial Support
6Maryland-Bred Owner & Developer Bonus Program
CategoryBonus and Incentive Programs
7Beyond The Wire
CategoryThoroughbred Aftercare
8Maryland Jockey Benevolence Program
CategoryFinancial Hardship Assistance
9Burial Assistance Program
CategoryFinancial Hardship Assistance
10Immigration and Visa Assistance
CategorySupport Services
11Groom Awards Program
CategoryIndustry Recognition
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-18
Description

1/ST Racing is a stakeholder in Maryland racing. Governor Moore's administration exercised the state's right of first refusal to acquire the Preakness Stakes intellectual property for $85 million, replacing the previous licensing arrangement with CDI/1/ST.

2Maryland Racing Commission
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-05
Description

Nine-member body appointed by the governor to regulate Thoroughbred and Standardbred racing and pari-mutuel wagering in Maryland. MTHA advocates before the MRC on behalf of Maryland horsemen.

mdhorsemen.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

MedStar Health physicians serve the Maryland Horsemen's Health System, providing on-site medical care at Laurel Park. Dr. Jason Pothast and Dr. Kelly Ryan provide race day medical coverage and limited summer schedule appointments during the Laurel racing break.

4The Maryland Jockey Club (TMJC)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

MTHA works closely with TMJC on racing operations, purse structures, stakes schedules, condition books, and bonus programs. TMJC operates Laurel Park and Pimlico Race Course.

mdhorsemen.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

MHBA collaborates with MTHA on the Maryland-Bred Owner and Developer Bonus Program, which requires horses to be registered with MHBA to be eligible for bonuses.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Beyond The Wire is Maryland's Thoroughbred aftercare organization founded by MTHA. It provides placement services, retraining assistance, and financial grants for retired Thoroughbreds that raced at Maryland tracks. Funded through rider deductions split 50/50 with Maryland Jockey Benevolence Program.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

501(c)(3) organization promoting Thoroughbred health, welfare, and racing safety. Has awarded more than 100 grants totaling more than $1 million since 2010 for educational programs, scholarships, and equine research.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Maryland-Bred Bonus Program runs at Colonial Downs during the Laurel Park summer break, allowing Maryland-bred horses to earn bonus payments while racing outside the state.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Maryland-Bred Bonus Program also runs at Delaware Park during the Laurel Park summer break, with 132 Maryland-bred horses earning bonuses in 2025.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

State-level horsemen's association representing Thoroughbred owners and trainers in New York, offering comparable advocacy, backstretch health and pension programs, and bonus structures for NY-bred horses.

TypeBroad incumbent
Description

National Thoroughbred registry and industry steward maintaining the American Stud Book and registry rules; comparable to MTHA as a foundational Thoroughbred industry institution, though at the national rather than state level.

3Kentucky Horsemen's Benevolent and Protective Association
TypeDirect peer
Description

Kentucky state affiliate of the national HBPA representing Thoroughbred owners and trainers, with directly analogous regulatory advocacy, backstretch welfare, and pension/burial assistance programs.

TypeDirect peer
Description

Partner organization in Maryland representing breeders specifically; co-administers the Maryland-Bred Bonus Program with MTHA and shares overlapping membership in Maryland's Thoroughbred industry.

TypeEmerging player
Description

Founded by MTHA, this Maryland-specific Thoroughbred aftercare program is comparable as a nonprofit racing-adjacent service organization, though more narrowly focused on retired-racehorse placement.

TypeOthers
Description

Operator of Laurel Park and Pimlico Race Course and counterparty to MTHA on purse structures and racing operations; included as the key operating-partner peer shaping the environment MTHA members race within.

7Pennsylvania Horsemen's Benevolent and Protective Association
TypeDirect peer
Description

Pennsylvania state horsemen's association representing Thoroughbred owners and trainers at tracks like Parx and Penn National, with comparable backstretch welfare, health, and pension programs.

TypeDirect peer
Description

California state horsemen's organization representing Thoroughbred owners and trainers with advocacy, racing-related support programs, and purse-negotiation functions parallel to MTHA's.

TypeBroad incumbent
Description

National umbrella organization for state horsemen's associations, providing MTHA's broader industry coordination, federal advocacy, and shared backstretch welfare standards across jurisdictions.

TypeDirect peer
Description

Florida state horsemen's association offering directly comparable owner/trainer advocacy, backstretch health services, and purse-related programs at Florida tracks such as Gulfstream and Tampa Bay Downs.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Maryland Thoroughbred Horsemen's Association

Horse Racing Trade Associationmdhorsemen.com

The Maryland Thoroughbred Horsemen's Association (MTHA) is a nonprofit trade association serving as the officially authorized representative of Maryland Thoroughbred owners, trainers, and breeders, delivering advocacy, health, pension, and bonus programs.

What Maryland Thoroughbred Horsemen's Association does

The Maryland Thoroughbred Horsemen's Association (MTHA) is a private nonprofit membership organization headquartered at 500 Redland Court, Suite 105, Owings Mills, Maryland, that serves as the officially authorized representative of Maryland's Thoroughbred owners, trainers, and breeders. Governed by a 15-member Board of Directors, MTHA advocates before the Maryland Racing Commission and partners with The Maryland Jockey Club and the Maryland Horse Breeders Association on racing operations, purse structures, and bonus programs. Its membership base spans the state's licensed racing participants, with documented engagement including a bi-monthly newsletter distributed to thousands, dedicated WhatsApp community groups for Laurel Park trainers, Pimlico trainers, jockeys, racing office, and backstretch community, plus regular Board meetings at Laurel Park with Zoom participation.

MTHA's core product portfolio is a suite of member benefit and industry-support programs rather than commercial offerings. Principal programs include the Backstretch Pension Plan (approximately $1 million in annual contributions supporting 115 enrolled individuals for 2024/25), the Maryland-Bred Owner & Developer Bonus Program ($700,000 pool for 2026, expanded from $600,000 in 2025), the Maryland Horsemen's Health System delivered through MedStar Health physicians on race days, the Mobile Dentist program funded by the Laurel Multi Services Center, the Beyond The Wire Thoroughbred aftercare initiative, the Maryland Jockey Benevolence Program, the Ferris Allen Bootstraps Scholarship ($10,000 annually to one backstretch recipient), burial assistance, immigration and visa services, recreation programs, and a Groom Awards recognition program. Strategic partners include MedStar Health (medical services), The Maryland Jockey Club (racetrack operator of Laurel Park and Pimlico), Maryland Horse Breeders Association (bonus eligibility), Beyond The Wire (aftercare), Colonial Downs and Delaware Park (out-of-state summer bonus programs), and the Maryland Racing Commission (regulatory advocacy target).

The organization's revenue model is best characterized as professional services funded through industry participation, partnership contributions, and program-specific revenue streams rather than traditional membership dues. Documented income channels include $50 per jockey pre-performance physical (proceeds supporting the Horsemen's Health System), $150 TERF Soiree fundraiser tickets, and pass-through jockey mount fee deductions that generate more than $26,000 annually each for Beyond The Wire and the Maryland Jockey Benevolence Program. MTHA operates without a parent company, has no subsidiaries, and does not publicly disclose financials, reflecting its nonprofit trade-association structure. Recent corporate-structural developments include the state's $85 million acquisition of the Preakness Stakes intellectual property (June 2026), Board of Public Works approval of the state purchase of Laurel Park, and ongoing Pimlico Race Course redevelopment, all of which materially reshape the Maryland racing infrastructure MTHA's members depend on.

Maryland Thoroughbred Horsemen's Association firmographics

Firmographics
Name
Maryland Thoroughbred Horsemen's Association
Legal name
Maryland Thoroughbred Horsemen's Association
Website
https://mdhorsemen.com
Company type
Private
Founded year
1986
Operating status
Operating
Headcount range
11–50 employees
Short description
The Maryland Thoroughbred Horsemen's Association (MTHA) is a nonprofit trade association serving as the officially authorized representative of Maryland Thoroughbred owners, trainers, and breeders, delivering advocacy, health, pension, and bonus programs.
Ownership category
akta.pro rank

Maryland Thoroughbred Horsemen's Association industry classification

Industry
Product category
Horse Racing Trade Association
NAICS
Promoters of Performing Arts, Sports, and Similar Events (7113)
SIC
Services-Membership Sports & Recreation Clubs (7997), Services-Racing, Including Track Operation (7948)
akta.pro primary industry
Training, Stables & Equine Services (MPAEADAI)
akta.pro secondary industries
Racehorse Ownership, Syndication & Investment Platforms (MPAEADAG), Equine Veterinary, Welfare & Anti-Doping Services (MPAEADAJ)

Keywords

  • Thoroughbred racing association
  • Horse racing advocacy
  • Backstretch pension programs
  • Thoroughbred aftercare services
  • Horsemen health services

Where Maryland Thoroughbred Horsemen's Association is headquartered

Location

Headquarters

HQ city
Owings Mills
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Maryland Thoroughbred Horsemen's Association business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Membership Services and Advocacy: As the officially authorized organization representing Maryland's Thoroughbred owners and trainers, MTHA provides advocacy, representation, and support services funded through industry participation and partnerships rather than direct membership fees.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goJockey mount fees range from $125 minimum for fourth through last place, to percentage-based fees for winning and higher placements.
OtherAnnualFerris Allen Bootstraps Scholarship awards $10,000 annually to a single qualifying recipient.
Unit PricingPay-as-you-goJockey pre-performance physicals carry a $50 fee with proceeds supporting the Horsemen's Health System.
One time/ perpetual licensePay-as-you-goTERF Soiree for Safety fundraiser tickets available at $150 each.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Maryland Thoroughbred Horsemen's Association product offering

Product offering

Core offering

The Maryland Thoroughbred Horsemen's Association is a nonprofit trade association that represents, assists, and promotes the interests of Maryland's Thoroughbred owners and trainers through regulatory advocacy, health services (MedStar Health physicians, Mobile Dentist program), financial support programs (Backstretch Pension Plan, Maryland-Bred Bonus Programs, burial assistance, scholarships), and the Beyond The Wire Thoroughbred aftercare initiative. Programs are delivered at Maryland racetracks including Laurel Park, Pimlico Race Course, and Timonium, with bonus programs extending to Delaware Park and Colonial Downs.

Product overview

The Maryland Thoroughbred Horsemen's Association (MTHA) is a trade association offering a portfolio of programs and services for Maryland Thoroughbred racing community members including owners, trainers, jockeys, and backstretch workers. Core offerings include the Horsemen's Happenings newsletter, health services (MedStar physicians, mobile dentist), financial support programs (Backstretch Pension Plan, burial assistance, scholarships), the Maryland-Bred Bonus Programs, and the Beyond The Wire aftercare initiative. The organization also provides communication tools including WhatsApp community groups and maintains advocacy and regulatory support functions through the Maryland Racing Commission.

Differentiator

Problem solved

Functional benefit

Products and services

  • Horsemen's Happenings Newsletter
  • Ferris Allen Bootstraps Scholarship Program
  • Maryland Horsemen's Health System
  • Mobile Dentist Program
  • Backstretch Pension Plan
  • Maryland-Bred Owner & Developer Bonus Program
  • Beyond The Wire
  • Maryland Jockey Benevolence Program
  • Burial Assistance Program
  • Immigration and Visa Assistance
  • Groom Awards Program

Quantifiable outcome

  • 198 Maryland-bred horses earned bonuses in 2025 summer program at Colonial Downs and Delaware Park
  • +3 more outcomes

Companies that use Maryland Thoroughbred Horsemen's Association

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Maryland Thoroughbred Horsemen's Association technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Maryland Thoroughbred Horsemen's Association partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • 1/ST RacingcoreStrategic or Co-development Partner · 18 June 20261/ST Racing is a stakeholder in Maryland racing. Governor Moore's administration exercised the state's right of first refusal to acquire the Preakness Stakes intellectual property for $85 million, replacing the previous licensing arrangement with CDI/1/ST.
  • Maryland Racing CommissioncoreStrategic or Co-development Partner · 5 June 2026Nine-member body appointed by the governor to regulate Thoroughbred and Standardbred racing and pari-mutuel wagering in Maryland. MTHA advocates before the MRC on behalf of Maryland horsemen.
  • MedStar HealthcoreStrategic or Co-development PartnerMedStar Health physicians serve the Maryland Horsemen's Health System, providing on-site medical care at Laurel Park. Dr. Jason Pothast and Dr. Kelly Ryan provide race day medical coverage and limited summer schedule appointments during the Laurel racing break.
  • The Maryland Jockey Club (TMJC)coreStrategic or Co-development PartnerMTHA works closely with TMJC on racing operations, purse structures, stakes schedules, condition books, and bonus programs. TMJC operates Laurel Park and Pimlico Race Course.
  • Maryland Horse Breeders AssociationcoreStrategic or Co-development PartnerMHBA collaborates with MTHA on the Maryland-Bred Owner and Developer Bonus Program, which requires horses to be registered with MHBA to be eligible for bonuses.
  • Beyond The WirecoreStrategic or Co-development PartnerBeyond The Wire is Maryland's Thoroughbred aftercare organization founded by MTHA. It provides placement services, retraining assistance, and financial grants for retired Thoroughbreds that raced at Maryland tracks. Funded through rider deductions split 50/50 with Maryland Jockey Benevolence Program.
  • Thoroughbred Education and Research Foundation (TERF)minorStrategic or Co-development Partner501(c)(3) organization promoting Thoroughbred health, welfare, and racing safety. Has awarded more than 100 grants totaling more than $1 million since 2010 for educational programs, scholarships, and equine research.
  • Colonial DownscoreStrategic or Co-development PartnerMaryland-Bred Bonus Program runs at Colonial Downs during the Laurel Park summer break, allowing Maryland-bred horses to earn bonus payments while racing outside the state.
  • Delaware ParkcoreStrategic or Co-development PartnerMaryland-Bred Bonus Program also runs at Delaware Park during the Laurel Park summer break, with 132 Maryland-bred horses earning bonuses in 2025.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Maryland Thoroughbred Horsemen's Association competitors and assessment

Company assessment

Direct peers

  • New York Thoroughbred Horsemen's Association: State-level horsemen's association representing Thoroughbred owners and trainers in New York, offering comparable advocacy, backstretch health and pension programs, and bonus structures for NY-bred horses.
  • Kentucky Horsemen's Benevolent and Protective Association: Kentucky state affiliate of the national HBPA representing Thoroughbred owners and trainers, with directly analogous regulatory advocacy, backstretch welfare, and pension/burial assistance programs.
  • Maryland Horse Breeders Association: Partner organization in Maryland representing breeders specifically; co-administers the Maryland-Bred Bonus Program with MTHA and shares overlapping membership in Maryland's Thoroughbred industry.
  • Pennsylvania Horsemen's Benevolent and Protective Association: Pennsylvania state horsemen's association representing Thoroughbred owners and trainers at tracks like Parx and Penn National, with comparable backstretch welfare, health, and pension programs.
  • California Thoroughbred Horsemen's Association: California state horsemen's organization representing Thoroughbred owners and trainers with advocacy, racing-related support programs, and purse-negotiation functions parallel to MTHA's.
  • Florida Horsemen's Benevolent and Protective Association: Florida state horsemen's association offering directly comparable owner/trainer advocacy, backstretch health services, and purse-related programs at Florida tracks such as Gulfstream and Tampa Bay Downs.

Broad incumbents

  • The Jockey Club: National Thoroughbred registry and industry steward maintaining the American Stud Book and registry rules; comparable to MTHA as a foundational Thoroughbred industry institution, though at the national rather than state level.
  • Horsemen's Benevolent and Protective Association (National HBPA): National umbrella organization for state horsemen's associations, providing MTHA's broader industry coordination, federal advocacy, and shared backstretch welfare standards across jurisdictions.

Emerging players

  • Beyond The Wire (Maryland): Founded by MTHA, this Maryland-specific Thoroughbred aftercare program is comparable as a nonprofit racing-adjacent service organization, though more narrowly focused on retired-racehorse placement.

Others

  • Maryland Jockey Club (1/ST Racing / Stronach Group): Operator of Laurel Park and Pimlico Race Course and counterparty to MTHA on purse structures and racing operations; included as the key operating-partner peer shaping the environment MTHA members race within.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Maryland Thoroughbred Horsemen's Association social profiles

Digital presence

Maryland Thoroughbred Horsemen's Association financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Maryland Thoroughbred Horsemen's Association leadership team

Management profile

Number of profiles

Profiles9 records

Maryland Thoroughbred Horsemen's Association funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Maryland Thoroughbred Horsemen's Association M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maryland Thoroughbred Horsemen's Association

What does Maryland Thoroughbred Horsemen's Association do?

The Maryland Thoroughbred Horsemen's Association is a nonprofit trade association that represents, assists, and promotes the interests of Maryland's Thoroughbred owners and trainers through regulatory advocacy, health services (MedStar Health physicians, Mobile Dentist program), financial support programs (Backstretch Pension Plan, Maryland-Bred Bonus Programs, burial assistance, scholarships), and the Beyond The Wire Thoroughbred aftercare initiative. Programs are delivered at Maryland racetracks including Laurel Park, Pimlico Race Course, and Timonium, with bonus programs extending to Delaware Park and Colonial Downs.

Is Maryland Thoroughbred Horsemen's Association a public or private company?

Maryland Thoroughbred Horsemen's Association is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Maryland Thoroughbred Horsemen's Association founded?

Maryland Thoroughbred Horsemen's Association was founded in 1986. It employs 11 to 50 people.

Where is Maryland Thoroughbred Horsemen's Association based?

Maryland Thoroughbred Horsemen's Association is headquartered in Owings Mills, United States, in the North America region.

How does Maryland Thoroughbred Horsemen's Association make money?

One revenue line is on record: membership Services and Advocacy.

Who are Maryland Thoroughbred Horsemen's Association's main competitors?

Direct peers on record are New York Thoroughbred Horsemen's Association, Kentucky Horsemen's Benevolent and Protective Association, Maryland Horse Breeders Association, Pennsylvania Horsemen's Benevolent and Protective Association, California Thoroughbred Horsemen's Association and Florida Horsemen's Benevolent and Protective Association. Broad incumbents are The Jockey Club and Horsemen's Benevolent and Protective Association (National HBPA). Beyond The Wire (Maryland) is listed as an emerging player. Maryland Jockey Club (1/ST Racing / Stronach Group) is listed as an others.

Does Maryland Thoroughbred Horsemen's Association have an API?

No public API is recorded for Maryland Thoroughbred Horsemen's Association.

What industry is Maryland Thoroughbred Horsemen's Association in?

Maryland Thoroughbred Horsemen's Association's product category is Horse Racing Trade Association. Its primary akta.pro industry code is MPAEADAI, Training, Stables & Equine Services, with a secondary code of MPAEADAG, Racehorse Ownership, Syndication & Investment Platforms. Its NAICS code is 7113 and its SIC code is 7997.

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