A Pound Here, a Pound There
David Runciman, 21 August 2014
“... a major industry if it could help it. The state bookmaker (the Tote, which operated on the French system of pooling bets) was forced to compete for custom with privately owned rivals, which could offer more tempting fixed odds. But the British government wasn’t about to let those private firms flaunt what they were up to. This was to be a commercial ... ”