IRISH SWEEPSTAKES
The Church Times has satisfaction in recording that the fall in receipts for th# Irish Sweepstake, which last year reduced the official figure of £4,128,486 for th# Derby to £3,624,448 for the Cesarewitch, has continued to For the recent Grand National, the receipts amounted to £3,101,321. “The attractiveness of this method of losing money appears to bo fading/' gays the journal, “ and if it were to fade entirely away the country and th# hospitals would be the better off. In 1931 two large Dublin hospitals, so far from benefiting greatly from the sweepstakes, suffered a decline in their voluntary contributions of 37 per cent, and 20 per cent, respectively; and it is stated that not one free bed has been added to the hospital accommodation in Ireland from sweepstake ■ money. On the other hand, the percentage of the gross taking# which is devoted to expenses and the profit of the promoters tends to rise. For th# Derby sweep it was 7.2, for the Cesar#witch 9.4, and for this last occasion nearly 11 per cent.” , .
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Bibliographic details
Otago Daily Times, Issue 21975, 9 June 1933, Page 4
Word Count
176IRISH SWEEPSTAKES Otago Daily Times, Issue 21975, 9 June 1933, Page 4
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