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SAJC Annual Report.pdf

2006-07_SAJC-Annual-Report.pdf
Preview of SAJC Annual Report
🔗 Source: morphettville.com.au
📊 Size: 1.07 MB
📄 Pages: 40 pages
⬇️ Downloads: 169

Summary

The South Australian Jockey Club's annual report for 2006/2007 shows a net operating loss of $312K due to decreased on-course tote revenue, increased water costs, and downturn in betting at the Anzac Highway Junction wagering auditorium. However, the club achieved positive results in functions and catering, with a net contribution of over $1M and net gaming venue contribution of nearly $2.2M. The club spent $1.5M on capital improvements, including renovation of the mounting yard and completion of a new kitchen. The Adelaide Cup saw increased admissions, but tote betting revenue was down. The club is progressing with the Cheltenham sale and plans to finalize negotiations with the government for a new building and track development at Victoria Park. The Bentley Report recommends rationalization of the industry, which could lead to increased prize money and TAB distribution. The club is also developing new infrastructure, including a permanent pavilion along the Derby straight.

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Description

The South Australian Jockey Club's annual report for 2006/2007 shows a net operating loss of $312K due to decreased on-course tote revenue, increased water...

Technical Information

  • File Format: PDF
  • File Size: 1.07 MB
  • Pages: 40
  • Language: EN
  • Total Downloads: 169
  • Last Updated: 4 weeks ago

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