WHERE MONEY GOES TO
PUNTERS who wonder what 1 becomes of their money may be interested -to know that of £5,615,128 invested on the totalisator in the eight months ended March last, £4,772,331 was paid in dividends. The Government took £415,119 in taxes on investments, dividends and stakes and the clubs had £449,696. Compared with 1927, there was an increase in the number of race , days and therefore an all-round increase for the period. In 1927, £5,608,999 was invested and £4,769,211 paid * out in dividends.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19280509.2.7.12
Bibliographic details
Sun (Auckland), Volume II, Issue 349, 9 May 1928, Page 1
Word Count
85WHERE MONEY GOES TO Sun (Auckland), Volume II, Issue 349, 9 May 1928, Page 1
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in