Monday, April 24, 2006 | Contact: Eric Wing, NTRA +1 (212) 230-9511 |
US betting up in first QTR 2006 | |
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.”
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