No Limitation By Government.: Canadian Racing Associations Tracks Will Confine Themselves to Five Per Cent on Mutuels., Daily Racing Form, 1917-05-10

article


view raw text

NO LIMITATION BY GOVERNMENT. Canadian Racing Associations Tracks Will Confine Themselves to Five Per Cent on Mutuels. Toronto, Ont.. May 8. — A mistaken impression has been created that the Ontario government in this years license to the Jockey Clubs in the province has limited the mutuel "rake off" to five per cent and the "breaks" or not more than six per cent altogether. J. T. White, solicitor to the provincial treasurer, says this is not the case. No limitation of any kind in this connection has been made by the government. What has been done is to make it a condition of the issuance of a license to every club that government accountants shall have full access to all the departments of the various tracks, including the mutuels. at every meeting for the purpose of making an independent audit, the result to be the basis of a new system of taxation by the government on the race tracks in 1918. It is understood that the Canadian Racing Associations tracks have always confined themselves to the five per eent and "breaks," but it is said that ten per cent was taken at the Devonshire course at Windsor last year. The fact that the mutuel departments at all tracks In Ontario will be under government supervision will be appreciated by the public, who will then have complete confidence in the exact distribution of the money collected. The daily tax on the race tracks of Ontario remains the same as last year, namely ,250 per day and the admission war tax, which has been increased from ten cents to twenty-five cents, which the clubs will pay by including it in the regular .50 charge for au admission badge.


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1917051001/drf1917051001_2_9
Local Identifier: drf1917051001_2_9
Library of Congress Record: https://lccn.loc.gov/unk82075800