BETTING SLUMP.

Bay of Plenty Times, Volume LX, Issue 10829, 30 March 1932, Page 2

BETTING SLUMP.

HEAVY DROP IX TOTALISATffI ' FIGURES. The Easter holiday racing oa& urday and Monday recorded n ufe drop in totalisaior revenue with the returns of twelve musd, ago, and it is clear that the dept* sion has hit the racing and h'ottb; hard. The position to-day Is % the people have not the money t> spare that they had in the cast,®! as racing and trotting are eipensm pastimes, the public has been fond to make considerably more than ( 10 per cent, cut. , < During Saturday and Monday tct racing or trotting meetings its held, and, except in the caseotlfc Kumara Club, which holds a ret small meeting and which showed si increase in totaliaatur returns m last year of £543, all the mcefe recorded substantial decreases, portionately, the Huwera Ttottlg Club suffered most, the drqp Ms; nearly 50 per cent. With smallchi such a shrinkage in revenue 1$ ie ious, and many will seriously coaster whether it is worth whilo cootte ing unless the depression eas®. The Auckland Racing 01ub,ha*& largest totalisator turnover,.lute Dominion, and consequently Blur the most substantial decreases ft the Easter meeting the returns down by over £37,000, compile with the corresponding fixture-iv year. The drop for the ten mectlw held in the Dominion on Safcrdn and. Monday was £00,450.