TOTALISATOR RETURNS.

Poverty Bay Herald, Volume XLIX, Issue 16021, 6 January 1923, Page 6

TOTALISATOR RETURNS.

TOTAL DROP OF £73,689 AT AUCKLAND. A substantial shrinkage in the volume of speculation was recorded during the seven of the summer racing cavhival which concluded at Auckland on Tuesday. Tho total amount invested. was £578,580, of , which £386,920 10s was bandied by the machine at the Auckland Racing Club's four days' meeting at Ellerslie, and £191,659 10s went tbroliugh the totalisator at the three days' meeting of the Auckland Trotting Club at Alexandra Bark. During the 1921-22 summer carnival the investments amounted to £652,269, so that there, has been an aggregate decrease of £73,689.

Neither racing nor trotting was exempt from the fall in totalisator re ceints. The decrease registered at Ellerslie was £52.231, and that at Alexandra Park £21,458. Taking the figures for the corresponding period of the 1920-21 season, racing shows a drop of £124,534 10s, but trotting has an increase of £lOl7. The investments during the 1920-21 carnival constituted a record for the Auckland Racing Club, but 1921-22 was the record period for the Auckland Trotting Club. The Government takes a large share of the money invested. The ordinary totalisator tax at Ellerslie amounted to £9673, and the tax on dividends to £17,411, or a total of £27,084. From Alexandra Park the Government derived £4792 totalisator tax and £8625 dividend tax, making a total of £13,417. Tho week's racing therefore contributes £40,501 to the Government, apart from the tax on stakes and admission tickets. In the case of the Auckland Racing Olub, the tax on stakes amounts to £2966, and tho Trotting Club's payment in that direction is £1295.