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It is estimated by a turf writer, who has taken the trouble to figure up the receipts and expenditures that the California Jockey Club s profits for the 143 racing days which closed on Thursday, of last week will aggregate the enormous snm of 300 000dol. (“ says the Breeder and Sportsman ”). He says : “ While the gate receipts are not pnblio property, it is a cetainty that they averaged 1500dol. or more every day. The association gave away in purses and stakes no lers than 425,000d01. The revenue from bookmakers and minor priveleges footed up that amount, consequently the entire gate receipts were clear to the association, besides the revenue from poolrooms throughout the country through the Western Union Company. The latter rake-off amounts to thousands of dollars every week.

Betting was nothing like so brisk at the recent meeting at Ellerslie as was the case lat the similar fixture last year, when £33,925 was handled. This year the totalieator turnover for the three days reached £28,955, which shows a decrease of £4,997. The shrinkage may be put down to a variety of causes, the chief of which were the indifferent weather ana the lengthy inquiry on the second day, when a lot of money was locked up while the protest against Battleaxe was being considered. Messrs 11. Hayr and Co. handled the totalieator in their usual capable manner, there not being a semblance of a hitch. i

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZISDR19030611.2.31

Bibliographic details

New Zealand Illustrated Sporting & Dramatic Review, Volume IX, Issue 692, 11 June 1903, Page 15

Word Count
237

Untitled New Zealand Illustrated Sporting & Dramatic Review, Volume IX, Issue 692, 11 June 1903, Page 15

Untitled New Zealand Illustrated Sporting & Dramatic Review, Volume IX, Issue 692, 11 June 1903, Page 15

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