BETTING DURING HOLIDAYS
BIG' DECREASE IN ' RECEIPTS
FIGURES FOR CHRISTMAS AND NEW YEAR
Investments on the totallsator by New Zealand racegoers declined during the Christmas and New Year period by £68,720 10s, when compared with the total for the same meetings in 1938-39. This represents a fall of less than 5 per cent. . • From December ,23 to yesterday, the final day .of the holiday programme, the amount invested totalled £1,170,110 10s, compared with £1,238,831 for the, 1938-39 Christmas and New Year meetings. It appears difficult to assign a cause for this fall in investments, for though the majority of .dlubs shared in the decline of totalisator revenue, at least one, the Auckland Racing Club, was able to record a substantial increase of more than £50,000 for the four days of’racing. On the other hand the Greymouth Jockey Club had to face the postponement pf the final day, a tact that would undoubtedly influence the , position there. Again, considering the aggregate for racing club investments, it must be remembered that the Dunedin Jockey Club held an additional day’s racing. The total handled yesterday on all machines at New Zealand fixtures was £188,842, compared with £189,748 for the same day in 1939. This represents a decrease of only £833. Actually the investments at yesterday’s racing fixtures showedt in the aggregate, a slight increase, but the big fall in totalisator revenue for the Canterbury Park meeting yesterday (£1749) brought the grand total for the day down. That was the only trotting meeting yesterday. For the whole Canterbury meeting the totalisator receipts were down by £3334, the relative figures being: 1938, £89,432; 1940, £86,098. . Details follow:~ . Racing 1939. 1940. £ £ Southland .. 21,723 19,442 Greymouth .. 10,248 6,134 Auckland' 59,045 71,776* Marton - 18,851 16,021* Oamaru .. 14,011 13,141 Stratford ■ .. 24,486* 22,692* ;• ' ' ' . Totals ..- 148,364* 149,207* . Trqtttog Canterbury Park 41,383* . 39,634*
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19400103.2.19
Bibliographic details
Press, Volume LXXVI, Issue 22908, 3 January 1940, Page 4
Word Count
301BETTING DURING HOLIDAYS Press, Volume LXXVI, Issue 22908, 3 January 1940, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in