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TOTALISATOR TRENDS

TRENTHAM AND AWAPUNI

With slight fluctuations), due to weather and other incidental causes, there lias been, as is well enough known, a fairly, regular decline in the turnovers of race meetings since the boom years immediately after the war. For the main part the big£er clubs, though naturally feeling the effects of. the falling-away in their turnovers, have not been so severely hit as the average club, and certainly they.have not had the buffetings to face that the small clubs have. The fortunes of two representative clubs (the Wellington and the Manawatu) will here be followed ' for the past ten years, so that the trend during the post-boom years may be observed. It is interesting to note, that despite the more general trend, the Wellington Uub rather steadily improved its position until the 1929-30 season, but since then its turnovers -have dropped with the other clubs. The institution of win-and-place betting just over twelve months ago gave a fillip to investments for a time, but judged through the recent meeting this recovery was apparent rather than real. The per diem average shown for the present season in the table below will be reduced by the Winter Meeting yet to be held.: ■ ' .

The Manawatu Club has more definitely followed the general trend. The 1929-30 season would have been more successful on paper than it was had the club not decided to conduct a Winter Meeting. The next season, with three winter days (one at the beginning and two. at the end of the term), saw a rather drastic drop in the per diem average, but with the abandonment of winter dates since then there has been no recovery. Win-and-place betting, with its undoubted temporary assistance, enabled the club to show a slightly better average last season than the previous season, but this advantage had already definitely been. lost. at. the' first of the clubs two meetings (at Christmas) tins season. ;

The following tatye shows the aggregate investments put through the totalisator each season by the two clubs during j j 2 s* "eea<Je- with the per diem average added for 'purpose of better comparison. Unless otherwise1-noted the Wellington Grab has held ten days',racing each season and the Manawatu five days' racing. The table is:—

WEI/LIXGTON CLL'B.

f Three, ixtra, days, two Winter Meetings. Thfi highest mm put through in any day during this period by the Wellington Club was £55,727 10s on the last day of the 1930 Summer Meeting. .The £70,000 mark was passed on several occasions, jv-ith the final day of the Summer Meeting proving AisudUy an excellent- day. from ,the, point o,f.'view.'of.turnover..The last day of the present season was the second day of the Summer Meeting (the Saturday), when £43,602 10s was handled, but the most notable:increase was on the final day again.' "During the same period the best'day's turnover ata'Manawatu Meeting was £57,795 on Cup Day, 1925: The tablepit should be noted, does not go back to: include the peak boom years immediately following the war. A representative small, club is not included, either, as a mean of. them all would be the only satisfactory illustration. .

Total. Per diera aver. Season. £ £ 1923-24 506,191% 50,019 "24-2= 559,208% 55,927 J 9:?" 20 ■■■•• 645,20B% 53,851 •1926-27 ..... 539,506 53 951 "JJ-28 356,867 55.6S7 W8-29 ..... 560.256% 50,026 1929-30 ..... 367,927y. 56,793 . 1930-31 ..... 362.281V- 38 228 "31-32. 276,829 27,683 .1932-33 279,083 27,908 .. 1933-34f ...... 249,303^ 31,163 ♦Extra two days, Red Mectiiis. tOne day extra in Spring. Winter ■ Meeting yet to be held. ■'■■■. MAXAWATU CLUB.. Total. Per diem aver. Season. £ " £ 1923-24 178,560 . 35,712 •1924-25 ..... 178,327 ,85,665 li*2o-26, «,138 1926-27 .....' 164,615 32,923 1927-28' 178,657 35,735 1928-29 ..... 154,031 30,806' 1929-30* ..... 182,589 ■ S0.431 J930-3lt ..:.. 140,048 17 506 1931-32 71,486 14.297' 1932-33' ..... 74,208 14.842 1933-31^.'..., 69,744 13,949 •Kxtra ,day, Meeting.

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https://paperspast.natlib.govt.nz/newspapers/EP19340324.2.143.6

Bibliographic details

Evening Post, Volume CXVII, Issue 71, 24 March 1934, Page 21

Word Count
622

TOTALISATOR TRENDS Evening Post, Volume CXVII, Issue 71, 24 March 1934, Page 21

TOTALISATOR TRENDS Evening Post, Volume CXVII, Issue 71, 24 March 1934, Page 21

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