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Build a stable from scratch in five weeks? Hong Kong’s newest trainer Jimmy Ting says ‘I can handle it’
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Build a stable from scratch in five weeks? Hong Kong’s newest trainer Jimmy Ting says ‘I can handle it’
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Joao Moreira can eat into championship margin as he heads to Happy Valley with a strong set of rides
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Joao Moreira can eat into championship margin as he heads to Happy Valley with a strong set of rides
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Zac Purton Exultant after grinding out Premier Plate win – ‘you don’t have to ride pretty races sometimes’
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Zac Purton Exultant after grinding out Premier Plate win – ‘you don’t have to ride pretty races sometimes’
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By Special Agent · Posted
5 of the 6 are central districts tracks. Foxton should have been considered to be back racing before Waipukurau. -
By Chief Stipe · Posted
I'm sorry to say but you are wrong. Under the AML/CFT legislation financial institutions, casinos, and other businesses identified as potentially vulnerable to money laundering and terrorist financing are considered reporting entities and have obligations to comply with AML/CFT regulations. These organisations have rule based software systems that create data files that are regularly exchanged with the DIA. There is no way with the TABNZ/ENTAIN turnover that they are not exchanging data. Activities that trigger compliance obligations are known as "captured activities" and have been identified by the DIA as potentially exposing businesses to the risk of money laundering and terrorist financing. Prescribed Transactions: Certain transactions, such as international wire transfers of $1,000 or more and physical cash transactions of $10,000 or more, are considered "prescribed transactions" and must be reported to the DIA. Data Exchange: The DIA requires reporting entities to exchange data related to these transactions and activities, including customer identification data, transaction details, and any information that could assist in identifying or preventing money laundering or terrorist financing. -
By Chief Stipe · Posted
Seriously @westbrew what major sport doesn't have a National Organisation in NZ? You are talking loose change that gets reallocated. No that's factually incorrect on a number of points. Racing does NOT own the TAB nor the platform "the totalisator". TABNZ is a statutory entity essentially owned by the Government of NZ on behalf of all New Zealanders. It has a Governance Board that does comprise members from each of the codes (will be interesting to see the legislation changes to get ride GRNZ). Fixed odds wagering on Sports in NZ is "owned" by TABNZ. It is the only NZ entity that is legislated to provide that service. Under the Racing Act TABNZ is obliged to distribute wagering revenue to sports through National Sporting Organisations. Check out Sections 78 and 79 of the Racing Act. 78Sports betting rules (1) TAB NZ may make, amend, and revoke rules providing for the establishment of a system (or systems) of sports betting, and providing for any matter relating to the conduct and operation of sports betting by TAB NZ. (2) Without limiting subsection (1), the rules— (a) may state the kinds of betting that may be undertaken; and (b) may state the circumstances in which— (i) a bet may be refunded, and when it may be retained by TAB NZ; or (ii) any fixed-odds bets may be laid off on other betting systems by TAB NZ for the purpose of limiting TAB NZ’s exposure on any particular event or events; or (iii) TAB NZ may cancel any bet; and (c) must state the amounts described in section 84(2). (3) TAB NZ must consult Sport and Recreation New Zealand before making, amending, or revoking any rules under subsection (1). (4) However, subsection (3) does not apply if TAB NZ and Sport and Recreation New Zealand agree otherwise in any particular case. (5) Rules under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements). 79Agreements with New Zealand national sporting organisations (1) TAB NZ may not conduct sports betting on any sporting event or events without the written agreement of the appropriate New Zealand national sporting organisation. (2) An agreement entered into under subsection (1) must be on the terms and conditions that are agreed between TAB NZ and the New Zealand national sporting organisation concerned, including payment to the sporting organisation, under section 82(1)(e), of revenue derived from sports betting on the event or events to which the agreement relates. -
By Wandering Eyes · Posted
Leaders in the United States and Canada have indicated they will honor the existing United States-Mexico-Canada Agreement for some goods, including Thoroughbreds. Horses will continue to cross the U.S.-Canada border duty-free.View the full article -
By Wandering Eyes · Posted
Trainer John Toscano Jr. died April 3 in a Long Island, N.Y., hospital, according to Daily Racing Form. He was 80.View the full article
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