Turnover $100m

Press, Volume CXI, Issue 32661, 17 July 1971, Page 8

Turnover $100m

(From Our Own Reporter)

For the first time racing's combined on and offi-coun. turnover has passed si 00m. Already the total Investment* ora more than |IMm and by the and of the month that figure Is expected to have Increased by a further s7m, which would represent an overall Increase of 12 per cent on the previous year.

This was told to delegates by the president (Mr R. A. Whyte) at the annual meeting of the Racing Conference In Wellington yesterday. Mr Whyte said that pleasing as It was to report increased totallsator figures, it was even more gratifying to record that In the main attendances at meetings seemed to have significantly increased—an indication that more people were 'becoming aware of the enjoyment to be had from a day at the races. Mr Whyte said that this year the Totallsator Agency Board’s turnover was expected to reach a record figure of about s93m, an increase of 12.85 per cent compared with last year. Off-course investments on race meetings this year were estimated to be more than *67537.000, a rise of about $7,064,000 or 11.68 per cent. Tributes by President (From Our Own Reporter) WELLINGTON. Tributes to the work done for racing by Messrs D. W. J. Gould (Canterbury), R. C. B. Greenslade (Dunedin), I. Reid (Wellington). and F. C. Johnstone (Wai* kato) during their terms on the executive of the Racing Confer* ence were paid by the president (Mr R. A. Whyte) at the annual conference of representatives in Wellington yesterday. Mr Whyte was re*elected president and Mr H. H. Smith vicepresident The executive is N. A. Thom-

son (Auckland), P. D. Hall (Canterbury), J. E. Brunton (Dunedin), J. C. Craig (Greymouth), G. H. Morgan (Hawke’s Bay), W. Thompson (Southland), C. H. Wynyard (Taranaki), P. G. Vercoe (Waikato), M. A. Conway (Manawatu), and E. C.W. Nathan (Wellington).