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  • Posts

    • I didn't pursue it. Just thought it seemed unreliable. I'm not sure there is any correlation between website data and punter spend. I often go on to bookie sites where I don't even have accounts to check pricing and price movements.  Credit card spend data may relate to punter deposits, but surely without matching withdrawal data, that has to be a pretty useless measure?
    • No. Cameron Rodger told me last year that their figures: ... are based on the method we use to track customer spend with offshore operators which is a combination of: Web traffic data; Personal (anonymised) credit card spend data; The fact that they are way out of line with GST, POCC, and published study data, doesn't seem to come into it.
    • Great 3 yearold year for TreasureThe Moment ,  near undefeated (8 wins, 1 x 2nd from 9 )  and with 3 Group 1's victories  including the Blue Riband >  ATC and Vic Oaks double. just a superstar horse . Mr Zhang may be riding the wave of Success with his mare Via Sistina, but wow ! doesn't he have a great back up in this 'treasure' as well ? . TreasureThe Moment could go on to be the next 'Verry Elleegant'  I reckon . 🏆😎 That great kiwi mare won a Melbourne Cup and 11 Group 1's , so is a 'High Bar' to get too though lol . 😂  but that 'Yu Long' bloke is a bit blessed with lucky 8 Chinese fortune so Just might pull it off in future months.    
    • NR "deep investment across the technology platform whether that be with the new self-service terminals " It would make interesting reading to be seeing the costs of this? how much are the ongoing costs to the place that run them?  who be using them? v's who bets via their phones? NR "we've seen with your broadcasting operation and um you know we wouldn't have been able to afford to have a great team at Trentham today" Reflecting wearing a punters hat: I didn't watch any races live, so can't comment about the lead up to each race. I did not that there was critical comments re the large use of drones.. a crude estimate 65% against...  as a Punter I think  it doesn't add a lot for the live race, but could be a nice tool in flat races in reviewing any race later NR "but there is going to be some tough decisions need to be made by the industry to make sure those racing inputs which sustain the betting  revenue uh are achieved" as in? selling Avondale? to the question "What sort of figures are we talking about in monetary sense and the loss that we're losing in New Zealand racing currently that you  expect to gain?"  NR " NR "yeah so about a third of the New Zealand betting market is currently offshore" did I see his nose grow when he said that??? I presume that those numbers came via some of the questioners some of us punters have been ask over the last few years?  How well would those number$ stack up to some  academic rigour?    
    • on the new monopoly betting legislation.. it starts at 18.30 mark.. I have added the text...   "An update from the TAB with regards to the changes in the betting laws and we invited Nick Roberts to join us on the show this week Yeah the Racing Industry Amendment Act uh was passed on uh Wednesday this week Unanimous support from Parliament and the racing minister has worked really hard to get that through for us Um when we started this partnership we sort of had a pretty clear uh objective at TAB New Zealand which was to make sure that Kiwi punters are getting a world-class experience in the safe environment and we're maximizing funding for u our stakeholders whether that be racing or sport So the act makes it exclusive rights for TAB New Zealand for racing and sports betting in New Zealand Uh obviously Entain are our partners who deliver on our betting and broadcasting operations And so what that means is that we now have the sole rights for New Zealand So from now people are only betting on tab and beter in New Zealand legally Tell us the positives for the New Zealand racing industry and what uh the legislation will bring Yeah So I think um if you look at what we're trying to achieve as I said before uh it's sort of a three-legg multi that we're looking at Right So in started with making sure that deep investment across the technology platform whether that be with the new self-service terminals we've seen with your broadcasting operation and um you know we wouldn't have been able to afford to have a great team at Trentham today before the Intane partnership their deep investment in the platform uh and then I think what this regulation does is sort of the second leg of that to make sure we sustain the funding for the future and then the third leg is going to be making sure that racing is standing on its own two feet in the next three years because that's when the minimum funding um closes from inane and we are down to a revenue share model we have a lot of confidence in performing to meet our expectations on that front but there is going to be some tough decisions need to be made by the industry to make sure those racing inputs which sustain the betting revenue uh are achieved What sort of figures are we talking about in monetary sense and the loss that we're losing in New Zealand racing currently that you expect to gain yeah so about a third of the New Zealand betting market is currently offshore So we need to recapture that We expect that the funding levels that we've committed to the industry at the moment um can be sustained for the long term So at the moment we distribute $185 million to the racing codes to split amongst themselves We think we can we will now be able to hold that for the long term and hopefully increase that once we can see that New Zealand racing product increase Guess the trade-off for punters is that at the moment they have options in terms of where they look to have a bet What will we be doing in New Zealand to ensure that we are still looking after punters given that it's now going to be a monopoly yeah sure So look I think the big thing is I would say to everyone is just wait and see how this rolls out right i think you'll be very surprised how fair this is going to be In have undertaken to us and have undertaken to the government that everyone's going to get a fair go here The pundit's promise will continue on Um Andrew Voris who's the new CEO of Inane Australia and New Zealand Um we've got good alignment already um in the last couple of week and what we're expecting is the punters to have a a good fair go they'll be able to have a reason to bet on New Zealand race and they'll be treated fairly throughout the system Well as you can hear through that interview really positive stuff with that new legislation in place all filters through to the industry <ends>
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