GAMBLING AT ELLERSLIE
RECORD TOTALISATOR INVESTMENTS.
Although the programme for the Auckland Racing Club's Summer Meeting waa confined this year to three days, the investments on the totalisator were less by only £29.304 than the total for the four SB£ nL last -r ar ' s meetin S- The total of easily constituted a New Zealand record for a three days' meeting. It showed an increase of £27.551 on the total for the corresponding three days last year, when, £200,373 was invested. The figures for the three days, compared with the totals for the Christmas and New Year racing m 1916-17, are as follow: 1916-17 1917-18.
£ £ First day 71,685 .„ 80,985 Second day ... 55,196£ ... 69,994 Ihird day Fourth day ... 56,855 ..
Totals. „. £257,228 £227,924 Ten per cent, of the total of £227,924 is apportioned for the racing club and the State, in the proportion of 7£ per cent. to the former and 2£ per cent, to the latter. Therefore the club benefited to the extent of £17,094 and the State received £5,698.
In addition to the former percentages a special war tax of 2£ per cent, as prescribed by the Finances Act, 1915, was imposed on dividends, so that the Treasury derived an additional sum of £5,128, or a total of £10,826 in all. ""
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Bibliographic details
Evening Star, Issue 16625, 7 January 1918, Page 1
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211GAMBLING AT ELLERSLIE Evening Star, Issue 16625, 7 January 1918, Page 1
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