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Royal Ascot a pipe dream for Beauty Generation, more than one way to find a Hong Kong Derby horse
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Styling City to fill John Moore’s sprinting shortfall as continued rise in the ratings looms
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Thanks dad! Beauty Generation’s owner Patrick Kwok on the thrill of owning Hong Kong’s best horse
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Suicide, money laundering and match-fixing: the US$4.2 billion scourge of illegal gambling in Asia
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Gamma, you are now agreeing that once Entain pulls the plug on the heavily reduced stakes then harness is knackered! Shame HRNZ hasnt got people in the leadership positions with business sense! Anyway enjoying the Westport racing today. HRNZ can not afford to chuck anything into the slot races and dont need to, but then again it is Entains money until it is gone, and nothing surer than the Ozzies will be back in Oz! -
It would be interesting to see a breakdown of the number of mares being bred by the big studs, compared to the so-called hobby breeders -
By Chief Stipe · Posted
It's a tool to assist in achieving the objectives. -
so the headline currently on the hrnz website is confidence returns,largest breeding increase in 16 years. hey,i'm not saying its not a good thing numbers are slightly up,but what is obvious is HRNZ are overplaying how significant the progress is. They could have run a headline that said breeding numbers 2nd lowest in history and that would have been just as true. Peden and steele talk about stabalisation of breeding numbers being so important and i get that,but its also very obvious that there had to be a point where numbers hit rock bottom. But anyone who thinks the numbers are good,as indicated by the headline,must be kidding themselves. all that story on hrnz is,is positive spin. i'm not saying i don't get why they have run that story,its just they have again way oversold it. lets remember HRNZ are throwing money around like theres no tomorrow and that includes substanial money being used to incentivise breeding. personally i just don't get why they can't see big holes in how they are dealing with the industry,including breeding incentives. Hrnz should be focusing on creating an environment where breeders have the confidence to continue breeding without the need for hrnz subsidising. And what happens if and when they can no longer keep stake levels at their current level because they have spent all the money trying to give an impression things are better than they really are. And i note they said the sires $5000 or under was the main reason the breeding number rose. Up by 231 on the previous year. But of course that also meant the sires over $5000 were down by 132. now that harness 5000 does seem to have worked for hrnz. I have no idea why anyone with much sense would breed to a harness 5000 on the basis of that it will be eligible for a one off race once a year worth $60,000. But people seem to think like that. My guess is yes there may be that one race they could aim to start in 4 years time but while they realistically have a very small chance of starting in may still be the same,every other race they are running in throughout the year could and probably will be less than what the current stakes are because hrnz is overspending to create that false impression. . As i said one other time,seeing more breed because of the harness 5000 is like watching the people silly enough to breed to nz stallions because hrnz said they would be running for bonuses in years to come,which of course they cancelled beofre anyone got that chance who had bred. But hey,hrnz seem to have sold people on that,so that was a win for hrnz. -
Gamma, it's obvious a discussion (I was going to say argument but refrained) with you about this is futile. Only the future will tell who was right or wrong. My understanding is that when the Entain deal was signed, it was conditional on NZ introducing Geo-blocking (which Australia have had for years).The idea/thinking was that that would create a large boost in wagering (I seem to recall a figure of $40m being talked about) to replace for the money that Entain is putting in now. Given that HRNZ have just announced that turnovers are actually down on a reduced turnover of last year, and the year before that etc., that seems to have been proven to be pie in the sky. As I've said before, we don't have generous State Governments of billionaires to help...ALL, I repeat, ALL our money comes from wagering, hence my comments on Slot Racing, which, as does Cup Week almost every year, run at a substantial loss.
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