|Monday, April 24, 2006||Contact: Eric Wing, NTRA|
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|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.”