TOTALISATOR BETTING
ADOPTED IN NEW YORK STATE TEN PER CENT TAX. SHARED WITH RACING CLUBS.' By Telegraph—Press Association—Copyright. (Received This Day, 12.50 p.m.) NEW YORK. April 1. A message from Albany reports that Governor Lehman signed a Bill legalising parimutuel (totalisator) betting and outlawing bookmakers throughout the whole Stale. The measure is estimated to yield 5,000.000 dollars revenue annually. The Bill makes eftive a constitutional amendment approved last year. Il provides for a 10 per cent tax on all bets, equal proportions going to the State and to racing associations.
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Wairarapa Times-Age, 2 April 1940, Page 6
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90TOTALISATOR BETTING Wairarapa Times-Age, 2 April 1940, Page 6
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