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C’est Une Star showcases Bradley talent
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you know what a Satellite stable is Chief. 😎 It's where horses are based on behalf of a Non-Attending NAMED Horse trainer for those horses. For example s : Young Jacob Dunn does all the work with a few horses in the North Island for the named Dunn stable Title of 'Robert and Jenna Dunn'. therefore he (Jacob) operates a Satellite stable for that operation. Chris Waller has a Permanant thoroughbred base in Queensland. He trains it/them by computer . who knows who does the REAL hands on work, but it's a 'Satellite Stable' for Waller. he's not in physical attendance (much at all) being based in Sydney of course. If the Named Te Akau trainers are Not In Attendance with any frequency, at the South Island unit, that makes it a satellite stable. simple. -
By Chief Stipe · Posted
NO it isn't because the quantum of the offending is much less. PLUS Entain was already in discussions with AUSTRC to improve their compliance and had a systems and process upgrade in progress. Yes we all know that hence AML laws. But knowing who is or isn't a criminal isn't that easy to ascertain. You are buying into the same hogwash as @JJ Flash , @Transparency and even @Brodie. I'll post the Topic link here and you can go have a read. YES it is SERIOUS but the level of offending is nowhere near other offenders. It is closer to Sportsbet whose penalty was enforceable remedial work on their systems i.e. no substantial fines. $152m is chicken feed. In the Crown case there was ONE individual turning over more than the NZ TAB turns over in total!!! -
By Chief Stipe · Posted
True. But doesn't the 50% given to TABNZ have to be shown on the opposite side of the ledger? So for example $100 GBR less $50 = $50 left. But on the revenue side ENTAIN now have $50 and on the cost side they have $50. Or is $50 given to TABNZ not accounted for in the taxation accounts as a cost? I realise I'm opening myself up to ridicule but I'm just thinking aloud. -
seems like the same charges Chief. ENTAIN doing exactly what Star Entertainment did . You Cannot take Bets from known Criminal organisations to 'Move their Proceeds of crime' ENTAIN have had more than just our great trotting man Dean resign. there's a few. This All sounds VERY serious. Sorry I didn't see what you discussed on Gallops thread . But here's something for the Trotting blokes to chew on. Brodster said ENTAIN would be the death of NZ racing . certainly they are sticking some dynamite around anyway. here's a snippet from earlier in the year from the guardian The deputy chief executive officer of one of the biggest gambling companies in Australia, Entain, has resigned in the midst of a high-profile legal challenge by the nation’s financial intelligence agency. Lachlan Fitt has served as the chief financial officer of Entain Australia, which runs the Ladbrokes and Neds gambling brands in Australia, since 2018, and has driven the company’s mergers and acquisitions strategy. The managing director of Entain NZ, Cameron Rodger, has also resigned, just one week after the global chief executive, Gavin Isaacs, left the company with immediate effect The resignations come at a delicate time for the global gambling giant, which was taken to the federal court by Australia’s financial intelligence agency (Austrac) in December. Austrac alleges Entain committed “serious and systemic non-compliance with anti-money laundering and counter-terrorism financing laws”. Austrac accused Entain of accepting $152m in bets from 17 high-risk customers who had “suspected criminal profiles and associations” despite being aware they may have been laundering money, federal court documents allege.
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By Chief Stipe · Posted
Yes that appears to be @Pitman 's business model and the strike rate of 10.7 reflects that. @Pitman has the same opportunities to adapt the same model as Te Akau to the South Island conditions. Don't forget he has won two National Premierships from his South island base. So not impossible. How is it "unfair"? I've yet to see anyone post anything anywhere online that convinces me that it is unfair. Riccarton and South Island racing in general would be all the poorer without Te Akau's significant investment in their Riccarton stables and other support services. I don't understand why everyone is so quick to knock Te Akau for any reason they can find. Riccarton isn't a "satellite stable" whatever that really means. It is a full time operation from which horses raced 305 times last season representing 37% of Te Akau's starts nationwide. Only Pitman and Carston had more. @Newmarket are you becoming NZ Racing's Prince of Darkness?
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