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PUBLICATION OF RACING DIVIDENDS

Comment on the law prohibiting the publication of raeing dividends, is contained in the subniissions of the New Zealand Raeing Conference to the Gamihg Commission. • • "Whatever may have been the reasons for the introductioil of this restriction there seenis littie doubt that under existing circuinstances the position is wholly unsatisfactory," the conference stated. 'fOne curious and surely unintended result is that the bookmakers in fact supply the service throughdut the country so that any person who wishes to kiiow the divideiid on any particular race can do so with littie trouble and shortly after the race has been run. If it" was intended that the restriction should handicap the bookmakers in their illegal business it has certainly failed. .We find many of the newspapers adopting undignified means of circumventing the law by referring to a particujar dividend in such terms as "exceeded double figures, " "alinpst half a century, " and the like. Apparently broadcasting from the course wouhl not be an infringeinent of the law as a mutter of practiee this is not done. "The conference regards this restriction as antiquated and oiit of touch with public support and rccommends theret'ore that it be abolished."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19470305.2.45

Bibliographic details

Chronicle (Levin), 5 March 1947, Page 6

Word Count
198

PUBLICATION OF RACING DIVIDENDS Chronicle (Levin), 5 March 1947, Page 6

PUBLICATION OF RACING DIVIDENDS Chronicle (Levin), 5 March 1947, Page 6

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