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As I said, I don't see any way unless you accept funding to be half current levels as it should have been unless they pull a rabbit out of the hat and manage to sell some more of our assets to do that. I'll definitely be having a Guinness tomorrow though, that's for sure. Maybe trow in a Jameson for a nightcap -
By Chief Stipe · Posted
Ok then over your Guinness what did you decide was the best way to get sufficient return from wagering to fund NZ Racing at the level you desire? -
By Chief Stipe · Posted
Turnover doesn't equal revenue unless these punters are betting on the Tote. So how do you explain that turnover hasn't moved downwards equivalent to the punters you talk to reduction in punting? Not that I would actually believe what a punter tells me they turnover! -
Btw, I don't drink rum and have only been to the Racecourse once I think since you were here 18 months ago.
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On the facts available and talking to punters that do millions of turnover, or did, on NZ racing prior to this move. If they still bet on it they are doing so through overseas offices.
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