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Considering the funding that Levin gets for their 3 racedays do you think a rental of $10,000 per meeting for the Otaki track and facilities is fair and reasonable? To Otaki?
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New Zealand Junior driver Championships
paleface adios replied to Gammalite's topic in Trotting Chat
Carter champion 🏆 -
According to the performance report on the Incorporated Societies website course rental for 2024 and 2025 are both the same at $30,000. With 3 meetings, each one cost $10,000. Like every other cost in New Zealand those fees are destined to increase.
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Its not hard to impress you @Chief Stipe
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the low grade average country sunday harness meetings up until 12-18 months ago, used to normally have higher tote pools than the average friday night races at addington and way more than an auckland friday meeting.It had been like that for many years. but,looking at the tote pools recently,sunday turnovers have dropped and seem to have been significantly impacted by the decision to run nz galloping meetings on sundays.Now sunday turnover seem to be about the same as an addington friday night meeting and the early sunday races have poor turnovers. In november 2023 there was only 2 sunday galloping meetings in nz,this year there was 8. i don't know whether HRNZ had any imput in that decision making,but from a harness perspective,that seems to have been a real negative.I assume the same applies to the ff. so really,even the sundays,which still seem to be the profit making meetings,aren't going as good as they used to. the sunday turnovers always used to prove what most of us had always said,the average punters don't bet on the quality of the horses,they bet on the quality of the betting product. And sundays had and actually still do provide a superior betting product. of course,friday nights have no nz gallops meetings to compete against.
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Seemed to be a well run Juniors Championship, with a good group of Juniors competing. Certainly need s lot more Juniors to be coming through, but are there many in the wings? Well cone go Carter Dalgety for winning the Championship for the first time and great to see a male win it for a change. Surprised at how well Monika Ranger did, but congratulations to her and all the others.
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If it attracts a lot of new participants to the racing industry then that is a positive for having the show! Think it is not a great look the way they are not betting responsibly despite what the TAB advertises! When they put on $500 and it loses, they always say it was only a little bet or something along those lines, as if it is a pittance and doesnt matter!! And yet the TAB is restricting some punters to amounts of 20% of that amount as a maximum bet??? It is total hypocrisy and needs to be seriously addressed, as it is blatantly WRONG!
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How much do they pay?
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No I'm saying that the Levin Racing Club (an Incorporated Society) has formed three Trusts two are registered Charitable Trusts the status of the third is not clear.
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Answer the question please.
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What a bad idea to have the Levin Classic running at Trentham in early January. Numbers being low today is no doubt a hang over from running the "Classic" day on a Thursday or Friday. Sunday is a great day for the club, and one they can build on.
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So, it's an unincorporated charitable trust you are saying?
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They pay a rental which will be found on the club's financials. They wouldn't be expected to fund the Otaki club over and above that.
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Don't they race at Otaki?
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What do you mean?
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How much do they fund Otaki?
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It isn't an Incorporated Trust. It is a Charitable Trust of which obstensibly there are three although one of them isn't registered as a Charity. It isn't clear who the beneficiaries are. It appears the Trusts were set up when the Levin Racing Club sold a parcel of land to a developer.
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Ironic that today's meeting at Otaki, was once the meeting that became iconic and known as Bayer Classic day, and started at Levin
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Where do you get that idea? It's an incorporated Trust that has successfully been organising and running jump outs for CD trainers and their horses for 15 years with perennial support from those trainers from HB to NP. Nothing "sham" about it that I can see. @Special Agent may be able to provide more detail.
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So a sham trust? Those types of Trusts haven't been fairing too well lately.
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Strange as it, on Facebook quite a few there reckon it's a great show, they will most likely be aged 30 or less, I think it achieves nothing but the younger generation are different, I'm sure all us oldies were no different 30 plus years ago, I simply don't watch it, these days I'm watching less and less racing, when I do I can happily watch the racing and not even bet, not sure Entain would encourage everyone doing that lol.
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Levin Track Operating Charitable Trust?
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Exactly. It's The Post copyright I would have been violating. If others want to, fine.