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Monday, April 17, 2006
Contact: Eric Wing, NTRA (212) 230-9511
The National Thoroughbred Racing Association (NTRA) and Equibase Company LLC today released the “Thoroughbred Racing Economic Indicators“ for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing during the first quarter of 2006, as well as for U.S. purses and race days, with prior-year, first-quarter comparisons.
Despite fewer racing dates during the first quarter of 2006 compared with the same period in 2005, pari-mutuel handle increased 3.73% and aggregate purses rose 1.33% in year-over-year, first quarter comparisons.
“The first-quarter handle and purses statistics are very solid—especially in light of the quarter’s drop in racing dates,” said NTRA Commissioner D.G. Van Clief, Jr. “It was also a quarter that saw an unraced two-year-old sell at auction for a record $16 million, so there are a number of reasons to feel encouraged as we head into the Spring and Summer months.”
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 horse racing 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 conduct the Breeders' Cup World 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.