SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              --------------------
                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): July 4, 2006
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                    International Thoroughbred Breeders, Inc.
                    -----------------------------------------
             (Exact name of registrant as specified in its charter)

        Delaware                         0-9624                   22-2332039
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(State or other jurisdiction         (Commission               (I.R.S. Employer
     of incorporation)               File Number)            Identification No.)


  Suite 1300, 1105 N. Market St., PO Box 8985, Wilmington, Delaware, 19899-8985
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               (Address of principal executive offices)(Zip Code)

       Registrant's telephone number, including area code: (302) 427-7599
                                                           --------------

                                 NOT APPLICABLE
          (Former name or former address, if changed from last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-14(C))





                    INTERNATIONAL THOROUGHBRED BREEDERS, INC.
                                AND SUBSIDIARIES

Item 8.01 Other Events

     On July 5, 2006 International  Thoroughbred  Breeders,  Inc. issued a press
release  attached  hereto as  Exhibit  99.1 and by this  reference  incorporated
herein, announcing the Company executed a Memorandum of Understanding with Super
Resorts (Macau) Ltd.


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                    INTERNATIONAL THOROUGHBRED BREEDERS, INC
                                AND SUBSIDIARIES

Item 9.01 Exhibits

     (d) Exhibits

     Exhibit 99.1 Press  Release,  dated July 5, 2006,  issued by  International
Thoroughbred Breeders, Inc.




                          [THE SIGNATURE PAGE FOLLOWS]


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                    INTERNATIONAL THOROUGHBRED BREEDERS, INC
                                AND SUBSIDIARIES

                                   SIGNATURES

     Pursuant to the requirements of the requirements of the Securities Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.

                         INTERNATIONAL THOROUGHBRED
                         BREEDERS, INC.

                         By: /s/Francis W. Murray
                            -----------------------
                                Francis W. Murray
                                President, Chief Executive Officer and
                                Treasurer


Date: July 5, 2006