State Revenue From Meet At Jamaica ,168,461: Represents Increase of Better Than 50,000 Over Last Year, Daily Racing Form, 1943-05-14


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State Revenue From Meet At Jamaica 21 68461 68461Represents Represents Increase of Better Than 750000 Over Last Year YearALBANY ALBANY N Y May 13 New York state revenue from recordbreaking pari mutuel betting during the 27day spring meeting at the Jamaica race track tops that of last year by more than 750000 it was announced today by Rollin Browne president of the state tax commission commissionState State revenue for the 27 racing days amounted to 216846105 compared to 140951065 last year or an increase of 537 per cent centThe The increase is due partly to greater volume of betting transactions and partly to an increase in the rate of tax on the amount wagered wageredThere There was a 276 per cent increase in the total handle at the Jamaica meet the handle being the total amount wagered through the mutuel machines This handle aggregated 33434081 a daily average of 1238299 as against a daily average of 970090 last year at Jamaica The aver ¬ age handle per patron jumpedfrom 5387 to 6628 an increase of 23 per cent centThe The states take this year was in ¬ creased from five to six per cent of the total handle and from 50 to 60 per cent of j the breakage Attendance for the 27 days totalled 504 450 or a daily average of 18683 which represents an increase of nearly 4 per cent I over attendance a year ago agoCommissioner I Commissioner Browne cautioned against overoptimistic forecasts for future revenue this season based on the Jamaica experi ¬ ence The opening meet was no criterion he said because the immediate future of racing is too uncertain under wartime conditions

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