Word: mutuels
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Dates: during 1930-1939
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...obstructed the spectators' view, and inaugurated the Pimlico Special to determine the Horse of the Year. Last week Turfman Vanderbilt's main problem was: how to make elegant Belmont popular with inelegant New York racing fans (potentially increased for 1940 because of the recent legalization of pari-mutuel betting at New York tracks...
...hours later Claude Elkins felt "sort of cold and sticky all over." In his hand was a telegram informing him that he was the only ticket holder of the winning combination, that he had won the whole pool of $10,772.40-largest pari-mutuel payoff in the history of U. S. horse racing...
Long before the Civil War there was horse racing in New Jersey. In the 1880s Jersey's Monmouth Park, with its imported British bookmaking system as well as new-fangled pari-mutuel betting machines, was the rendezvous for New York's fashionable "400." But the citizens of New Jersey in 1897 decided that gambling was a menace, outlawed it, killed racing...
Last week a new generation of Jersey voters, following in the footsteps of 21 other U. S. States which have recently grasped at gambling as a source of revenue, decided to revive horse racing, voted to legalize pari-mutuel betting in their State. Taxes on the pari-mutuel take at four proposed tracks (probable sites: Camden, Atlantic City, Asbury Park and a spot near the Jersey end of the George Washington Bridge, just across the river from New York City) will add $5,000,000 a year for State Relief, avert a threatened State income tax (which Jerseyites have...
...bookmaking and other away-from-the-track horse-race betting. Taxation on California's handbook betting (which is not limited to California tracks) will net the State $20,000,000 a year, its proponents say, in addition to the $2,500,000 the State now receives from pari-mutuel wagering at its five tracks...