The Bookmakers Afternoon Greyhound Service (BAGS) was formed to alleviate some of the ongoing problems of afternoon racing. The leading bookmaking firms funded BAGS who would pay the National Greyhound Racing Society (NGRS) a set fee for the off course rights. The NGRS would then distribute the money between all NGRC affiliated tracks. This system would continue until 1978. The first tracks selected to host the race meetings were Park Royal, Kings Heath, Stamford Bridge and Oxford.
Government tote tax was reduced from 5% to 2.5%. The annual totalisator turnover was £66,216,938 but attendances dipped below 10 million for the first time since 1927. There were 6009 meetings.
Clapton Stadium installed a closed-circuit television race patrol camera that was able to replay the races to the public. Although very expensive the equipment was a hit and would set the scene for the future. Former track owner John Bilsland died in June leaving legacies to three universities and their electrical engineers departments. Geoff De Mulder took over the kennels from his father Joe De Mulder. Foot and mouth broke out towards the later part of the year causing major problems on the open race scene in England and Ireland.
Monalee Champion trained by Frank Conlon broke Fearless Mac's White City track record when winning the Longcross Cup, winning his semi-final by 16 lengths and defeating Tric-Trac in the final. After running up in the Gold Collar final his preparations for the English Derby were hit when Conlon lost his licence and the dog was transferred to Vicky Holloway. Carry on Oregon, a brindle dog, came to prominence by lifting the Scurry Gold Cup in July and within a month the Laurels at Wimbledon Stadium was won. Carry on Oregon would be voted as Greyhound of the year.
For the second successive year a greyhound won the double of the Easter Cup and Callanan Cup. The greyhound this time was Tinys Tidy Town who emulated Clomoney Grand's 1966 achievement. Tinys Tidy Town then joined Gay McKenna for a tilt at the English Derby.