French Race Betting Figures, Daily Racing Form, 1913-03-06

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FRENCH RACE BETTING FIGURES. stati-iics recently published by the Fienck Mm i-try of Agriculture show that the turnover in the part nun ucls. or totalizators, on race courses in Prance last year amounted to no less a sum than 175,000,080. From this S per cent, was deducted before the fortunate owners of winning tickets received their dividend-. Of that 8 per cent, half is allotted to the working- expense account. If there is any sue plus after salaries and other necessary expenditures have been met. such surplus must Im- added to the prize money, lit the remainder 1 per cent, is distributed among the breeders of winners. 2 per cent, is devoted to tbe relief of local taxation or goe-to swell the fund- of local charities and 1 per cent, i- available for any special object which the Minister of Agriculture may deem worthy of en coiirag.-ment. There i- a prevalent nolioii that tbe income from the mutiiels is under the control of the French government. A- a matter of. fact, the government does not actually derive any direct benefii from the proceeds of betting. The part-mntnel is run by the various race course societies under license From the Minister of Agriculture. It i- said I lint at Long champs and Auleuil the work involved entails the employment of :;.! »» clerk-.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1913030601/drf1913030601_1_7
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Library of Congress Record: https://lccn.loc.gov/unk82075800