Candian Racing Revenue: Ontario Government Derives over Three Million Dollars from Race Tracks This Year, Daily Racing Form, 1922-09-21

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ti Q . S f P ? a ii a at r n a 0 S F g F s f S F E I S 1 t CANADIAN RACING REVENUE Ontario Government Derives Over Three Million Dollars From Race Tracks This Year. TORONTO, Ont, September 20. The Ontario government will make a revenue of over three million dollars from the race tracks in the province this year. There are seven mile tracks in Ontario, each running fourteen days of racing in the year at ,500 per day, and one track, Dufferin Park, with fourteen days at ,500 per day. This makes 70,000 from that source. The government by its amendment to the corporation tax act last session placed an impost of five per cent on all winning wagers race tracks, and this tax will bring a revenue of over two million and a quarter. The official except where designated "estimated" figures on the wager tax revenue are: Ontario Jockey Club. Amount Wagered. Tax Col. Spring meeting .,365,502 18,290.10 Fall meeting est... 200,000.00 Thorocliffe. Spring meeting ,418,310 ?170,9ir...r,0 Fall meeting est. 100,000.00 Hamilton Jockey Club. Spring meeting ,831,824 41 ,.91.20 Kail meeting 2,S73,999 143,099.95 Niagara Bating: Association. Spring meeting ,572,753 28,037.65 Fall meeting 2,780,780 139,039.00 Dufferin Park. Spring meeting .,637,310 31,805.50 Fall meeting 1,962,104 98,105.20 Devonshire Park. Spring meeting ,35G,319 12,S15.95 Fall meeting 2,007,414 100,370.70 "Windsor Jockey Club. Spring meeting ,387,851 09,392.55 Fall meeting 2,050,617 132.530.S5 Kenilworth Jockey Club. Spring meeting ,979,161 48,958.05 Fall meeting est. 130,000.10 In addition to these taxes the Ontario government also gets twenty-five cents per person amusement tax on everybody that attends the races.

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