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 7, 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 7, 2006,  International  Thoroughbred Breeders, Inc. issued a press
release  attached  hereto as  Exhibit  99.1 and by this  reference  incorporated
herein,  clarifying the Company's  prior  announcement on July 5, 2006, that the
Company executed a Memorandum of Understanding with Super Resorts (Macau) Ltd.


                                       1




                    INTERNATIONAL THOROUGHBRED BREEDERS, INC.
                                AND SUBSIDIARIES
Item 9.01 Exhibits

         (d) Exhibits

         Exhibit 99.1 Press Release, dated July 7, 2006, issued by International
Thoroughbred Breeders, Inc.


                          [THE SIGNATURE PAGE FOLLOWS]


                                   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 7, 2006