Profile:
The Philippine Racing Club was established in 1937 by a group of Filipino and American businessmen originally as the Santa Ana Turf Club. It pioneered in thoroughbred racing. In 1994, majority ownership passed on from a single controlling family to a group of businessmen which included the present management of the corporation. At the time, computerized totalisator and offtrack betting for horse racing were just starting in Manila. Offtrack betting stations at the time numbered eleven while gross sales from betting amounted to P980 million.
Update Time:
2020-09-16