18 Aug 1934
Page 1
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Newspaper
Sydney Sportsman
Location
Sydney, New South Wales, Australia
Date
Aug 18, 1934
Page
1
An Australian sportsman in Shanghai cautions that trotting ventures there may fail despite a Shanghai syndicate purchasing 150 Australian trotting horses. He notes contracts may not be enforceable in China, predicts bad conditions for Australians abroad, and warns about redress if engagements collapse.
Randwick trainer Frank McGrath nicknamed Macker is full of praise for Rosebery as a premier galloping ground. He notes Rosebery hosts top work with Peter Pan seen at the expony rink, praising Sydney’s four near-by rinks Randwick Rosebery Kensington and Victoria Park as a compact hub for trainers.
The horse is back in training and is expected to race this spring. Possible targets include Randwick in Sydney or tracks around Melbourne. Training status indicates readiness for a spring campaign with owners awaiting formal confirmations.
The piece argues legislators must rethink bookmaker economics and taxes. It cites South Australia figures showing 362 licensed bookmakers in six months ending June 2, 135 at a loss and 227 at a profit, with total takings 1 304 068 and winnings 1 184 262. Outgoings plus taxes left a net 22 626, about 63 per bookmaker. It notes illegal betting persists if legal bookmakers cannot earn a living and hints at stamp duty reviews.
A Monday night boxing bout at the Stadium drew a mixed crowd of racing figures including owners trainers jockeys bookmakers and book makers clerks and a list of names such as Joe Cook Jim Pike Joe Harris Maurice McCarten Bailey Payton Billy Donohoe Swanee Schwarz and other turf men.
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