The overall purpose of NYTHA is to provide effective leadership and direction for the racing industry in New York. Its objectives include:
- Establishing competent representation of New York owners and trainers in negotiations with racing associations and before regulatory and legislative bodies.
- Improving the economics of horse ownership through:
- Fair tax policies which eliminate the discriminatory tax burdens on Thoroughbred owners.
- Promoting expanded horse racing wagering opportunities.
- Supporting marketing programs to better sell horseracing to the public.
- Developing other revenue sources, such as sponsorship opportunities.
- Developing cost efficiencies.
- Increasing purses while assuring a fair distribution between stakes and overnights and all other categories of races.
- Supporting the development of national centralized marketing programs to increase fan involvement throughout the country.
- Upgrading marketing and sales programs to improve bottom line profitability.
- Assuring efficient simulcasting while preserving and improving live racing opportunities and improving the quality of simulcast production.
- Promoting the integrity of the sport, acting as a watchdog with respect to the fair administration of the rules of racing.
- Communicating regularly with members on NYTHA activities and soliciting membership input on the direction of NYTHA policies and activities.
- Attracting new owners and expanding membership involvement in NYTHA's activities.
- Pursuing policies to improve the quality of New York's breeding programs.
- Creating a coalition of "horsemen" and coordinating the efforts of various segments of the industry, including owners, trainers, breeders, jockeys, veterinarians, farriers, as well as other groups and individuals impacting the industry, toward the realization of common goals.