January 16, 2007
Contact: Eric Wing, NTRA (212) 230-9511 Rhonda Norby, Equibase (859) 224-2856
The National Thoroughbred Racing Association (NTRA) and Equibase Company LLC today released the year-end “Thoroughbred Racing Economic Indicators” for pari-mutuel wagering on U.S. Thoroughbred racing in 2006, as well as for U.S. purses and race days, with prior-year comparisons.
Despite slightly fewer race days in 2006 compared to 2005, total wagering on U.S. racing increased 1.51% in 2006 and U.S. purses increased 3.30% over 2005 levels. Results in 2006 were buoyed by a strong month of December that saw wagering increase nearly six percent over the corresponding period in 2005 thanks in part to strong gains at Hollywood Park and the return of racing to Fair Grounds.
For the fourth quarter of 2006, total wagering showed a year-over-year increase of 2.69% and purses rose 5.88% with race days remaining virtually flat.
*Includes worldwide commingled wagering on U.S. races and separate pool wagering in Canada on U.S. races.
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, http://www.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 consisting of leading Thoroughbred racetracks, owners, breeders, trainers and affiliated horse racing associations, charged with increasing the popularity of horse racing and improving economic conditions for industry participants. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on the NTRA Web site, NTRA.com.