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Press Release

 

May 9, 2007
NEWS RELEASE


HANDLE DOWN SLIGHTLY, PURSES UP SHARPLY THROUGH FIRST QUARTER OF 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 “Thoroughbred Racing Economic Indicators“ for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing during the first quarter of 2007, as well as for U.S. purses and race days, with prior-year, first-quarter comparisons.

Due in part to weather-related cancellations at several racetracks during February, pari-mutuel handle decreased 1.10% in year-over-year, first quarter comparisons. Total purses jumped by 13.69% during the same period, helped by increases in average daily purses at Fair Grounds, Gulfstream Park, Laurel Park, Philadelphia Park and Sunland Park.

Thoroughbred Racing Economic Indicators (first qtr. 2007 versus first qtr. 2006)
Indicator 1Q 2007 1Q 2006 % Change
Wagering on U.S. Races* $3,541,454,467 $3,580,730,335 -1.10
U.S. Purses $226,971,062 $199,641,227 +13.69
U.S. Race Days 1,150 1,154 -0.35


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.

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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