WINNING BETS
N.S.W. TAX HITS BOOKIES. (Australian Press Association.)
SYDNEY, December 21. The Betting Tax on winning wagers was inaugurated at the Riandwiek meeting on Saturday. It caused a marked decrease in the bookmakers transactions, which, according to “the ring,” were scarcely twenty-five per cent, of the usual volume. The totalisator, however, showed a considerable increase, and punters, despite the publicity given to the subject, seemed unable to understand why the bookmakers, who are responsible for the reducing and handing to the Government ten per cent, of the winning bets, only paid 108/- for 120/-, and the punters were inclined to argue the matter till one bookmaker referred them to the Premier, Mr Lang, if they desired any explanation. The tax does nut apply to the totalisator winnings.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19301222.2.5
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 22 December 1930, Page 1
Word count
Tapeke kupu
128WINNING BETS Hokitika Guardian, 22 December 1930, Page 1
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in