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Press Release

 



Monday, July 24, 2006
NEWS RELEASE


PURSES UP, HANDLE STEADY IN SECOND QUARTER OF 2006


Contact: Eric Wing, NTRA (212) 230-9511
Rhonda Norby, Equibase, (859) 224-2856

NEWS RELEASE

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 second quarter of 2006, as well as for U.S. purses and race days, with prior-year, second-quarter comparisons.

Pari-mutuel handle increased 0.56% during the second quarter of 2006 compared with the same period in 2005, and aggregate purses rose 3.64% in year-over-year, second-quarter comparisons.

The second-quarter handle and purses statistics are solid—especially given the absence of the Derby and Preakness winners in this year’s Belmont Stakes field,” said Greg Avioli, interim CEO of NTRA/Breeders’ Cup. “The record wagering on this past quarter’s Kentucky Derby, along with the continuing upward trend in purse levels, provide cause for optimism as we head into the summer months.”

Thoroughbred Racing Economic Indicators (second qtr. 2006 vs. second qtr. 2005)
Indicator
2Q 2006
2Q 2005
% Change
Wagering on U.S. Races
$4,013,729,721
$3,991,280,613
+0.56
U.S. Purses
$303,962,900
$293,289,086
+3.64
U.S. Race Days
1,776
1,766
+0.57


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 $20 million in purses and awards and the Breeders' Cup Stakes Program. The NTRA has offices in Lexington, Ky., and New York City.

Equibase Company is the Official Supplier of Racing Information and Statistics to America's Best Racing, Breeders' Cup, Daily Racing Form, ESPN, MSNBC, NTRA, The Jockey Club, TRA, TVG and XpressBet.

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