Gordon, Mackay & Co Ltd v Watson    Gaming – Lotteries – Nature of – Betting scheme.
A limited company employed agents to distribute tickets bearing the names of races, horses
and jockeys, and also the name of the company, and an offer to exchange the tickets for
goods on demand. A member of the public receiving a ticket was entitled to bet on the
combinations named on the ticket, in which case if he won he received the amount of his bet;
if he lost he was entitled to exchange the ticket for goods worth sixpence, through the firm’s
agents. By conditions on the ticket he paid no money to the agents, but undertook to pay 6d if
he lost. The company and its directors were convicted at petty sessions under the Betting and
Lotteries Act 1934, and appealed:—