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AUSTRALIAS MUTUEL WAR REVENU It is well known that the mutiiels have long bee in use in some of the Australian states but unt something more than a year past New South Wale was hostile to the totalizator as they call the mu tuel machines there bookmaking being the onl method of betting used Hut as a war revenu measure the use of the mntuels was decreed b law booking under license being also permittei The first year of operation under the new systenl did not bring the government the revenue expected but on thts whole it held out promise of better thing to come Concerning the returns from the greal Itandwick track the Sydney Iteferee said saidSo So far as Kandwick is concerned the 10171 season concluded on Monday and it will be of in ¬ terest to Heferee readers to learn that the totaliza ¬ tor investments for nineteen days at that conrst slightly exceeded SLiiOOOOO At the commencement of the season there were two days racing without th machine one being the Kosehill fixture and tin other that of Tattorsalls The Kosehill meeting was held at Kandwick owing to the strike prevent ¬ ing the club using its own course It must be added that machine speculation for the current season has fallen somewhat short of expectations but during the coming season an attempt will be made to stimulate it by the abolition of place and concession betting Kamlwick figures for the year are as follows Australia Jockey Cluli spring 1 daysS 4 507rr 0 0City City Tattersalls 1 day r047500 r047500Australian Australian Jockey Club December 1 1day day StVli500 StVli500Australian Australian Jockey Club Summer 1 day 1K1S625 1K1S625Tattcrsalls Tattcrsalls li days HKW2Z HKW2ZAustralian Australian Jockey Club Anniversary days 174S71LT 174S71LTAustralian Australian Jockey Club Autumn 4 days 837lli94ii 837lli94iiCiiy Ciiy Tattersalls 1 day lSiri3S7 lSiri3S7Tattcrsalls Tattcrsalls AVinter 1 day 13il 19 7 7Australian Australian Jockey flub Winter 1 drys 117070500 Total 2rOO7nlM 2rOO7nlMA A turnover of a half million approximately gives the Australian Jockey Club 875000 from the three per cent directly allotted it by the government but it is also allowed to retain the fractions It might be safe to assume they work out at one per cent and that would mean another 25000 so that the club lias probably derived i 10000 from the ma ¬ chine Of course working expenses have to be put gainst this sum but though they run into a law thousands it is improbable the club has any reason to IK disatisfied with its first years experience of tin totalizator An additional S115000 is derived from the one per cent allowed as a sinking fund towards the payment of the erection of totalizator buildings machines etc The governments share of totaliza ¬ tor investments at Itandwick runs into about 175 OOJ
