GAMBLING IN NEW ZEALAND
[ TO THE EDITOK. ;! Sir,—Anyone can see for himself the /extent to which the gambling evil has grown. Children are , to-day buying ipenny tickets in a lottery disguised by :;the title of art union. Many thousands ;of pounds must be leaving this country annually to be risked in sweepstakes designated " consultations." Although it is illegal to partake ~,in an overseas sweepstake it is apparently not illegal-to win one. ; js The scheme. I suggest has two advantages over the : orthodox systems of gambSling. First, thrift is encouraged: and, -"secondly, no money can be lost. It is a of the Premium *-Bond \ system in France which has made the iFrench the thriftiest people on earth. It i» tjais: Let those wishing to partiei-
pate notify the Savings Bank authorities that they are prepared.to receive £ per cent, less interest' on. their deposits on the-understanding that the £ per.cent, thus saved by the bond be distributed halfyearly as bonuses to 100 depositors selected by ballot. On the assumption that one-half the. number, of depositors at present acquiesced, that V! would mean a half-yearly distribution of about £25,000. —I am, etc., iA, E. J.
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Bibliographic details
Otago Daily Times, Issue 22369, 17 September 1934, Page 5
Word Count
191GAMBLING IN NEW ZEALAND Otago Daily Times, Issue 22369, 17 September 1934, Page 5
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