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NTRA Projects $81 Million in Revenue by 2010

The National Thoroughbred Racing Association is projecting total operating revenue of $81.5 million by 2010, the last year of its five-year strategic plan. The largest revenue-producer would be Breeders' Cup, which has a joint operating agreement with the NTRA.

Report: Guild Revenue Down 31% in 2003

The Jockeys' Guild generated $2.1 million less revenue in 2003 than in 2002, according to a 2003 financial report the Guild filed in December with the U.S. Department of Labor. Total revenue declined 31% from $6.8 million in 2002 to $4.7 million in 2003, according to the document.

Magna Income Decreases in First Quarter of 2003

Magna Entertainment Corp. reported a $6-million decrease in net income for the first quarter of 2003 compared with the same period in 2002, according to a financial statement released April 30.

Youbet.com Reports Reduced Loss for Period

Youbet.com on Wednesday posted a loss of $3.2 million, or 17 cents per common share, for the second quarter of 2001. Meanwhile, revenue for the second quarter rose 14% to $1.7 million compared with the same period last year, and handle derived from the company's subscriber base increased 8% to a record $28.4 million for the second quarter, compared with $26.3 million during the same quarter in 2000.

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