TOTALISATOR FRACTIONS
AVHOSE'PROPERTY ARE THEY?
"Charity" writes: —"Will you allow me space to air a grievance?- At every race meeting there are several dividends ending with sixpence, and when divided for the ten shilling investors the racing club refuse to pay the threepence. This, I contend, does not belong to the racing club, but to the public, and I would suggest that the public protest and demand that these threepences, which amount to close on a hundred pounds at a meeting, should be given to charity."
_ [Under the totalisator regulations fractions are the property of the club, and go towards the club's profits, and help to pay expenses of the' meetings. Charities indirectly _ through ■ heavy taxation of racing and directly by financial and other assistance, receive their fair share from racing.]
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https://paperspast.natlib.govt.nz/newspapers/EP19261102.2.39
Bibliographic details
Evening Post, Volume CXII, Issue 107, 2 November 1926, Page 7
Word Count
131TOTALISATOR FRACTIONS Evening Post, Volume CXII, Issue 107, 2 November 1926, Page 7
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