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Manila Jockey Club, et al vs CA and Philippine Racing Commission

MANILA JOCKEY CLUB, INC. AND PHILIPPINE RACING CLUB , INC., petitioners, vs. THE COURT OF APPEALS AND PHILIPPINE RACING COMMISSION, respondents.

G.R. No. 103533 | 1998-12-15

D E C I S I O N

QUISUMBING, J.:

This is a Petition for Review on Certiorari seeking the reversal of the decision[1] of the Court of Appeals in CA-G.R. SP No. 25251 dated September 17, 1991 and the resolution[2] dated January 8, 1992, which denied the motion for reconsideration. At issue here is the control and disposition of "breakages"[3] in connection with the conduct of horse-racing.

The pertinent facts on record are as follows:

On June 18, 1948, Congress approved Republic Act No. 309, entitled "An Act to Regulate Horse-Racing in the Philippines." This Act consolidated all existing laws and amended inconsistent provisions relative...