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Justify your high percentage markets in Australia by blaming the amount of tax you have to pay. Pay no tax in New Zealand and tell the punters they are guaranteed competitive odds as they'll be the same as those in the Australian market that's highly competitive due to the number of bookmakers competing with each other for customers. What a total croc.
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0.74 % of betting profits or 1.24 % of profits from gaming machines located in TAB outlets.
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Going on and on about it will change nothing. Same all over the world. Stop living in the past. Get creative or get on the exchange.
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Paid totalisator duty until 2021.
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Not suggesting it. It's a fact.
- Today
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Lord Charles Allen has resigned as chair of the British Horseracing Authority (BHA) after six months in the role, having been unable to achieve the governance change that he proposed when taking up his post on September 1. Lord Allen was first nominated as chair in November 2024, but the start of his tenure was delayed as the BHA said that he wished to “continue meeting stakeholders to better inform his vision for the sport”. Three months later than was originally planned, Lord Allen stepped into his position at the helm of the BHA after its member organisations (Racecourse Association, Racehorse Owners Association, Thoroughbred Breeders' Association and Licensed Personnel) unanimously agreed that there should be a completely independent Board and that the BHA should have a commercial remit. However, in a statement issued by the BHA on Tuesday, it was confirmed that unanimous support for those two goals – which is required in order to make changes to the BHA Articles – had not been possible to achieve among the members who currently nominate representatives to the Board. It was this impasse which has ultimately led to Lord Allen's decision to step down. He said, “Horseracing is an amazing sport with great potential and over the last year I have met some incredibly passionate people who love the sport who believe to survive and prosper that change is needed. I also want to pay tribute to the hardworking and dedicated BHA team. I wish the sport well for the future.” The BHA Board is now set to meet to determine what interim arrangements will be put in place. David Jones, the senior independent director of the BHA, added, “The Board would like to thank Charles for the time and effort that he has put into the role helping us to develop a vision that is aspirational and achievable, and we regret that we were unable to put in place at this time the governance changes that would have enabled us to progress this. I have enjoyed working with him and wish him continued success.” The post Lord Allen Resigns as Chair of the BHA appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article
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Reality is that the TAB Bookies are clearly under instructions from bosses to not let serious punters on for anything other than small amounts! Was speaking to a serious punter the other day and he couldn’t really believe how little he was allowed to wager on his own horse. Welcome to the world of the NZ TAB fixed odds betting, started out ok with Entain but has seriously deteriorated to the point where only the smaller punters, losing punters are welcomed as well as the off your face Thursday night presenters. Anyway make the most of the next couple of years of Entain contributions cos after that, like it or not it ain’t going to be flash . Brodie unfortunately on the money unless someone can come on and tell us that Brodie is wrong?
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Had to play dodgems.
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the point i made was cost cutting can often be related to a company looking to cut costs when profit margins aren't as good as predicted. i get what your saying,cost cutting can occur even when that doesn't apply. but i also gave the example in my previous post of the tab racing club. You appear to say"why wouldn't they cut that cost". Well,when you've heavily publicised something and got 18,000 customers involved,then one day,just as the promotion is taking off,you pull the rug out from under them and say to those 18000 customers,nah,we've changed our minds. Well thats very poor if they did it for the reasons you give. Hey,maybe your right,maybe that is how entain behave,very poor if it is.I had thought entain may have done it because of the reduced profit in australasia due to the$100m they have had to set aside for the austrac fine.
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What betting levies? Do you mean the problem gambling levy?
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So i get what your saying about income tax,that it doesn' work the same here as it does in other countries i think thats the point your making. but i assume you don't dispute the nz tab is still paying gst and betting levies taxes? i think thats what you mean although maybe your suggesting they have been phased out as well. It was reported the tab paid 11.1m in taxes in 2024.
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The David Hayes and Keith Yeung Ming-lun partnership will look to continue their recent success at Happy Valley on Wednesday night when Withallmyfaith steps out in the Class Three Sichuan Bipenggou Tourist Attractions Handicap (1,650m). While the New Zealand import has been competitive in Class Three company throughout his Hong Kong career so far, a local victory has eluded the five-year-old. A strong partnership with regular jockey Yeung – who has ridden him in all eight of his starts this...View the full article
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Sorry....can you repeat that please....
Nowornever replied to KickintheKods's topic in Galloping Chat
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Fair enough Chief! But the profit share is 50% of net! Not totally sure but lets say the profit is $120m which I think I remember was what it was a year or so ago? So Entain is going to not be putting all of their $60m into stakes and so the amount available for stakes is going to be half of what the stake money currently is at very best?? I believe that the racing hierarchy here, really don’t understand just how badly affected they are going to be when the Entain money guaranteed is stopped!!! There is no way on earth that things can be anywhere as good as it currently is and I believe that it will be catastrophic but lets just stay positive for the next couple of years. Head in the sand mentality at the moment will not have a positive outcome, never will!
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Yeah, he opened favourite for jockey challenge, crazy really, i knew he would battle on horses with even ability against others. Kaching….
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A sparkling track gallop at Cranbourne from Jimmysstar (NZ) (Per Incanto) has Ciaron Maher considering an unlikely start in the Gr.1 Newmarket Handicap. Maher said he would confer with the sprinter’s owners before deciding whether to accept in the Group One sprint over 1200m at Flemington on Saturday. The Maher team had been planning for the gelding’s return in the Gr.1 William Reid Stakes (1200m) at Caulfield on March 21 before heading to Sydney for the Gr.1 T J Smith (1200m) at Randwick on April 4 and the Gr.1 All-Aged Stakes (1400m) two weeks later. Mark Zahra headed to Cranbourne on Tuesday to put Jimmysstar through his paces as regular rider Ethan Brown is sidelined through suspension until the end of the month. Zahra has been booked to ride Tenytris in Saturday’s feature sprint but will be aboard Jimmysstar if it is decided the gelding heads straight to William Reid. Final acceptances for the Newmarket Handicap are taken on Wednesday morning. “Mark’s coming back from his ‘fake broken leg’, but he was pretty keen to get down here this morning and he worked super,” Maher joked. “I will have a chat to the owners, and it will be either this race or the William Reid, but I think Jimmy is coming up really well “We only gave him a short time off and we wanted to keep him active. “The planning has been to only have one run here and then go to Sydney for the T J and the All-Aged, but I’ll have a chat to the owners after today’s work.” View the full article
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Lyle Hewitson hopes a favourable tempo can bring the best out of Ready To Run graduate Storming Dragon (Star Turn) when Jamie Richards’ runner tackles the Class 3 New Lantao Bus Handicap (1200m) at Happy Valley on Wednesday night (4 March). Lucky Planet, Matters Most, Metro Power and Beauty Glory have led and won races this season, setting up the possibility of a potent speed battle, one which could play into the hands of fast-closer Storming Dragon. Hewitson said: “I’ve only ridden him over 1650 (metres) and although he gives the impression that he would enjoy going further, his best form has been over 1200, and he just seems to relish the speed and hit the line strong over the 1200. “It’s good to be aboard him, and he’s probably at a mark now (rated 62) where he’s ready to go. He’s been running well, and he has a decent draw (two).” South African Hewitson has 20 wins this term. He said: “There’s a lot in his favour. If he puts his mind on the job off this rating, then he should be capable. Lots of speed (in the race), and that’s going to be to his liking.” Richards, who surpassed 100 Hong Kong career wins in February, saddles four runners tomorrow with Giddy Up (Fiorente), Happy United (NZ) (Sweynesse) and Samarkand (NZ) (Mongolian Khan) his other entries. View the full article
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Sorry....can you repeat that please....
Chief Stipe replied to KickintheKods's topic in Galloping Chat
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Yeah na... You and @Freda would have been throwing knives at us or rotten tangerines!
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Sorry....can you repeat that please....
Dark Beau replied to KickintheKods's topic in Galloping Chat
I am trying work out what they mean by COCK FIGHTING as I saw that two brothers were arrested the other day for such doing such a thing. It seems very strange to me and damned do I know how the brothers manage to do it. -
I think you both would have done better if you'd rocked up in the tangerine onesie.
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Of course he can! It's Digital now so he has low overheads. But probably lots more "expenses"....!
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Sorry....can you repeat that please....
Chief Stipe replied to KickintheKods's topic in Galloping Chat
Racing is the Sport of... -
I'm not sure he can afford your commissions.