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I'd say if they gave the NZ business away tomorrow, or sold it for $1, there'd hardly be a blip in the share price. If there was, it would probablt go up. -
By Chief Stipe · Posted
I think he means the committee aligned to TABNZ with Vela and co on it. -
What committee?
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By Chief Stipe · Posted
Racing IS a Sport funded by gambling. Which companies in the world would have been better? -
Without knowing the full details of the deal, It would appear that Entain will do quite nicely out of it! 900million is a drop in the bucket for a big gambling outfit and they were given a 25 years term which would be unheard of in any commercial business deal! Who is to say that once the 5 years is up they dont flog it off to another gambling agency for a massive profit as we are not privy to any real details. Still maintain that we wouldve been far better to have done a deal with someone other than a sports and gambling outfit as racing is not their thing.
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