Spinning wheel

What is the Rotary Spinning Wheel all about. The concept is if a Rotarian failed to attend the regular meeting and didn’t make up at another club then at the next meeting they are invited to spin the rotary wheel and pay the amount on which the arrow stops. 
For years our old spinner was used. It was so old no one remembers who built it. And now here is the new one that Art Everett has built for our club. Thank you Art!