Monday, July 11, 2005
Contact: Peggy Hendershot, NTRA (859) 422-2648
Rhonda Norby, Equibase (859) 224-2856
The National Thoroughbred Racing Association (NTRA) and Equibase Company LLC today released the second-quarter “Thoroughbred Racing Economic Indicators” for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing in 2005, as well as for U.S. purses and race days, with prior-year comparisons.
With no prospect of a Triple Crown to boost handle on Belmont Stakes day and a 2.16 percent drop in overall racing days, total wagering declined 3.8 percent. Purses remained level.
“Without the natural momentum that having a Triple Crown at stake generates and given a nearly four percent decline in pari-mutuel wagering, we are nonetheless encouraged that purses held steady,” said NTRA Commissioner D.G. Van Clief, Jr.
Thoroughbred Racing Economic Indicators (Second-Quarter 2005 versus 2004)
Equibase Company is a partnership between The Jockey Club and the Thoroughbred Racing Associations of North America (TRA) and serves as the Thoroughbred industry’s Official database for racing information and statistics. Through its Web site, equibase.com, the Company offers an ever-increasing menu of racing information, statistics and handicapping products for everyone from the casual fan to the most experienced handicapper.
The NTRA is a broad-based coalition of horseracing interests, including the American Quarter Horse Association, charged with increasing popularity of horseracing and improving economic conditions for industry participants. The NTRA and Breeders’ Cup Limited also administer the Breeders’ Cup World Thoroughbred Championships, Thoroughbred racing’s year-end Championships consisting of eight races and $14 million in purses and awards and the Breeders’ Cup Stakes Program. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on the NTRA Web site, ntra.com, and at the Web site for the Breeders’ Cup World Thoroughbred Championships, breederscup.com.