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GAMBLING IN AUSTRALIA.

TOTALISATOR INVESTMENTS. .LARGE INCREASE" '■ SHOWN." • [FROM our own correspondent.] ■'-■■■ * , ' ' , SYDNEY, July' 25. That horse-racing and: its concomitant, getting, are the ruling passion in Australia admits of no argument. Figures tell their own story.;;; According Mp'::' : .'the' ; latest New South Wales Treasury report, the | yearly ; totalisator investments in this/ State between : 1918! and ? 1923 increased to the extent of £2,000,000, and the bookmaker,/who bets ; alongside ;j the' machine,' seems to flourish more than ever. /-■■'■Thegross; investments in the tbtalisator from-1918 to ,iyi!6' were, to bo v ; precise, £15,397,886. // Multiply \ that i only eight times, and: one «will find /that.' the total would be just : about the cost of America's" civil 1 war. . v , /.'.'- '~.,; ; , ■■' .".■

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https://paperspast.natlib.govt.nz/newspapers/NZH19230803.2.163

Bibliographic details

New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 12

Word Count
115

GAMBLING IN AUSTRALIA. New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 12

GAMBLING IN AUSTRALIA. New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 12