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...York, where there are five race tracks, betting on horse races has been illegal since 1908, but bookmakers for the past five years have been permitted to operate at the tracks through a loophole in the law. Although most New York racing fans consider pari-mutuels* (which have been legalized in 18 States) a fairer system of betting, a small but powerful lobby in Albany has for five years influenced legislators against replacing book betting with pari-mutuel machines...

Author: /time Magazine | Title: Sport: $10,000,000 Revenue | 5/22/1939 | See Source »

...year ago New York's law makers, enviously noting that California collects some $2,000,000 a year from the 4% tax on the pari-mutuel handle at its race tracks, finally turned a deaf ear to lobbyists, passed (33-To-14 in the Senate, 110-to-36 in the Assembly) a resolution for a constitutional amendment to legalize pari-mutuel betting. Under New York law, however, it had to be passed by two successive Legislatures before it could be submitted to the voters for referendum...

Author: /time Magazine | Title: Sport: $10,000,000 Revenue | 5/22/1939 | See Source »

...Innsbruck, in old Austria, General Wilhelm Keitel, chief of the high command of the German Army, and Undersecretary for War General Alberto Pari-ani, Italy's chief of Army staff, conferred on "common military problems." Field Marshal Hermann Goring was in Italian Libya as the guest of Governor Air Marshal Italo Balbo. German Propaganda Minister Dr. Paul Joseph Goebbels, after a brief and none-too-cordial reception in Egypt, arrived at the Italian island of Rhodes, in the Eastern Mediterranean, where 45,000 Italian troops were reported as having landed. On the neighboring Dodecanese Islands, strongly fortified Ital...

Author: /time Magazine | Title: INTERNATIONAL: MADMEN AND FOOLS | 4/17/1939 | See Source »

Miami, No. i winter playground of the U. S., attracts 800,000 visitors each year between January and April. Last winter they poured $35,000,000 into the pari-mutuel betting machines at Greater Miami's two racetracks, Hialeah and Tropical Park...

Author: /time Magazine | Title: Sport: Gulfstream Park | 2/13/1939 | See Source »

...McMasters managed James Michael Curley's first campaign for Mayor of Boston. Mr. Curley rewarded him with a $5,000 publicity job but later fired him. In 1935, when Mr. Curley was Governor, Mr. McMasters tried to charter a pari-mutuel betting service, to get "for the State" some of the revenue pocketed by the horse-race bookies. Governor Curley's legal department turned him down. The next year Mr. McMasters ran for Governor as candidate of Father Coughlin's Union Party. His reappearance this year as a Townsend Planner had definite nuisance value to both Candidate...

Author: /time Magazine | Title: MASSACHUSETTS: Republican Realism | 10/17/1938 | See Source »

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