Ohio Receives 66,955 in Tax from Three Tracks: Higher State Levy on Handle Produces Increase over 1953, Daily Racing Form, 1954-06-05

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Ohio Receives 66,955 In Tax From Three Tracks Higher State Levy on Handle Produces Increase Over 1953 COLUMBUS, Ohio, June 4. The state of Ohio has realized 86,955.02 from pari-mutuel wagering at three 1954 thoroughbred race meetings that ended prior to June 1, according to records in the.--office of the state tax department here. The three meetings were conducted at Beulah Park, Ascot Park and Fort Miami. Last year, for the similar sessions, the state received 92,707.92. Mainly responsible for the increase is the higher Ohio tax which went into effect in mid-May, 1953. Betting volume revealed a decline of approximately seven per cent. The wagering at Beulah Park, Ascot Park and Fort Miami in 1953 aggregated 9,219,289, as compared with 7,782,073 this year. However, all three tracks ran fewer races than they did last spring. In daily average handle, Beulah recorded a sharp increase, with Ascot slightly under last year and wagering at Fort Miami taking a decided dip. The statistics: 1954 Fort Miami C25 days Total handle, ,507,703. Daily average handle, 40,308. Tax to state, 60,435.26. Ascot Park 39 days Total handle, ,282,875. Daily average handle, 38,022. Tax to state, 53,186.90. Beulah Park 19 days Total handle, ,991,495. Daily average handle, 62,710. Tax to state, 53,332.86. 1953 Fort Miami 25 days Total handle, ,047,082. Daily average handle, 65,483. . Tax to state, 8,119.88. Ascot Park 44 days Total handle, 0,596,024. Daily average handle, 40,819. Tax to state, 84,550.02. Beulah Park 19 days Total handle, ,576,188. Daily average handle, 40,852. Tax to state, 10,038.02.


Persistent Link: https://drf.uky.edu/catalog/1950s/drf1954060501/drf1954060501_11_3
Local Identifier: drf1954060501_11_3
Library of Congress Record: https://lccn.loc.gov/unk82075800