Monday, April 24, 2006Contact: 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.”

  • Wagering on U.S. Races 1Q 2006: $3,590,607,272
  • Wagering on U.S. Races 1Q 2005: $3,461,489,365
  • change: +3.73%

  • U.S. Purses 1Q 2006: $199,641,227
  • U.S. Purses 1Q 2005: $197,021,571
  • change: +1.33%

  • U.S. Race Days 1Q 2006: 1,154
  • U.S. Race Days 1Q 2005: 1,175
  • change: -1.79%