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Clubs receive $9.8M from T.A.B. profits

A total of S9.BM surplus , profit from the Totalisator• [Agency Board was d's-i tributed to racing and trotting clubs yesterday. Announcing this, Mr H. G. ICaliam, chairman of the; Racing Authority, said that. the amount exceeded last, .year’s allocation by SBOO.OOO or 8.9 per cent. Mr Callam said that the surplus profit received by. the authority from the; Totalisator Agency Board for! ; the year ended July 31, i 1978,- was $10,274,175. From, (this $123,004 administrative costs had been deducted. [ A further $351,171 had [been deducted and will be I made available for certain; I special purpose grants, in-: ; eluding training track; [grants. I The remaining S9.BM has[ ibeen distributed to clubs. i I As far as the payout to I the major metropolitan clubs; | is concerned the Auckland; ' Racing Club is way out in • front. It received $825,285' compared with $895,506 last; year. Next on the list is the I [ Wellington Racing Club with i

($575,144 — last year’s figure i was $581,955 — then comes ithe Auckland Trott, ig Chid which received $527,245. : This is 8132.183 lower than Hast year's figure. The New 'ealand Metro-i politan Trotting Club is next I will; $402,714. as against; $415,867 last year, and the Avondale Jockev Club follows with $357,196. compared with $411,030. Fourth among the major racing clubs and sixth on ; the over-all list is the i Canterbury Jockey Club. Its share is $294,633, a drop of only $3636 on the previous ; year's figure. The respective figures,; ; with the previous year’s fig- [ ures in parenthesis, for the ! Wellington and Forbury [Park Trottine Clubs are ($143,680 ($160,239) and ($141,712 ($152,723) and thev are followed by the two Ad- • dington-based clubs, Canter-; ;bury Park and New Brigh-i [ton. which received $141.244 ! ($155,028) and $135,196 ! ($157,880) respectively. I The respective amounts i other clubs (in alphabetical; i order) in the Canterbury,

Marlborough. Nelson. Otago and West Coast districts received are:— Amoerlev Racing Club. $13,876 ($13,942): Ashburton Count' Racing. Club. $45,922 ($48,776): Ashi burton Trotting Club, $€•.,975 ($76,006): Banks Peninsula Racing Club, $12,947 ($21,445): Banks ■Peninsula Trotting Club.-, SI 7,256 ($26,207); Cheviot Trotting Club. $15,418. ($16,192); Christchurch Hunt Club. $27,045 ($23,546): Geraldine Racing Club, $24,917 ($27,665): Geraldine Trotting Club, $12,949 ($14,115); Greymouth Jockey Club,; $28,769 ($26,297): and Grey-[ [mouth Trotting Club, $47,850! : ($55,256). The Hororata Racing Club. ;which holds its fixtures at; [Riccarton received $24,744; ($31,357); Hororata Trotting l [Club, $15,434 ($11,754); Kai-I koura Trotting Club, $15,518 • ($17,796): Kumara Racing! Club, $13,290 ($13,450);’ Kurow Jockev Club. $11,307! ($13,405); Kurow Trotting !ciub. $11,424 ($15,255);; Marlborough Racing Club.; $35,225 ($36,469); Marlborough Trotting Club. $33.3921

'($33,810): Methven Trott Club. $23,631 ($39,329); Nelson kicke\ Club, $37.c;V. ($31,787): Nelson Trotriit.' • Club. 845.363 (S4K.BS'M. North Canterbury Racii®,' Club. $28,439 ($26.21 'J,' Oamaru Jockey Cluj* 543.407 ($44,373); Ganiatif- > Trotting Club. ($46.53iD; Otago Racing. Club. $87,380 ($89,951); R< /nciora Trotting Club. $26.0'4 ($27,394): Reefron Jockev Club $11,104 ($14.29.5fe Reefton Trotting Club, 810,045 ($14,789): South Canterbuiy Hunt CluD, i 515.734 ($14,206): South • Canterbury Jockey Club, • $50,279 ($60,423); Jimaru Trotting Club. $58.0% ($58,976): Waikouaiti Racing Club. $12,655 ($15,385): WalIkouaiti Trotting Ciuß, [511,385 ($11,024): Waima* District Hunt club, $13,122 I ($14,266); Waimate Racing IClub, $11,455 ($11,491}; /Waimate Trotting Club. '! $ll,Bll ($12,639); WestlanM Racing Club. $27.64j>. • ($26,442): Westport Jockey ;Club. $19,088 ($18,618) and • Westport Trotting Clu® $16,784 ($18,697).

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19781104.2.93.9

Bibliographic details

Press, 4 November 1978, Page 20

Word Count
544

Clubs receive $9.8M from T.A.B. profits Press, 4 November 1978, Page 20

Clubs receive $9.8M from T.A.B. profits Press, 4 November 1978, Page 20

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