§ 234. Place and manner of conducting pari-mutuel betting. Any corporation licensed or franchised to conduct pari-mutuel betting at a horse race meeting shall provide a place or places within the race meeting grounds or enclosure at which such licensee or franchisee shall conduct the pari-mutuel system of betting by its patrons on the results of the horse races at such meeting. Such place or places shall be provided with necessary equipment for issuing or vending pari-mutuel tickets, and adding machine equipment and a device capable of accurate and speedy determination of the amount of money in each pool and on each horse and the amount of award or dividend to winning patrons and displaying the same to its patrons. Such place shall also be equipped with automatic or hand-operated machinery for displaying on a mutuel indicator in plain view of the public, the total amount of sales separately for straight, place and show on every race and on each horse in such race. The machine or mutuel indicator shall also display the approximate straight odds on each horse in any race; the value of a two-dollar winning mutuel ticket, straight, place and show, on the first three horses in any race; the elapsed time of the race; the value of a two-dollar daily double ticket, if a daily double be conducted; and any other information that may be necessary for the guidance of the general public that the state racing and wagering board may require. All such machines and equipment must be approved by the board and the department of taxation and finance before being used, but the board shall not require the installation of any particular make of mechanical or electrical equipment.