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Racecourse Totalisator (Turnover)

Volume 466: debated on Tuesday 28 June 1949

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asked the Chancellor of the Exchequer when he was informed of the substantial increase in the 1948 turnover of the racecourse totalisator as compared with that for 1947; and, in view of the negligible contribution made from this turnover towards taxation and the breeding of horses, why taxation, comparable to that on the football pools, has not been imposed.

When the Accounts of the Racecourse Betting Control Board were published on 21st June. The increase in turnover shown by those accounts does not, in my view, affect the arguments which have hitherto prevailed against taxation of this form of betting.