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Horses' body weights September 22
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- 286 views
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Early scratchings September 22
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- 277 views
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New riders on the right track
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Sothistheone first winner Ong has dreamed of
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Asia seals Spirit of friendship with first win
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Horses' body weights September 20
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- 271 views
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- 277 views
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- 300 views
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Incredible to stay? Mom's the word for Bailey
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- 281 views
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Early scratchings September 20
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- 297 views
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Duric still has an Eye-in on Raffles Cup
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- 288 views
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Nunes looks to make Raffles ticket Count
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- 296 views
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- 287 views
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Melody Belle, the new queen of the NZ turf
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- 283 views
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- 281 views
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Beuzelin suspended three days
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Horses' test results September 17
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- 279 views
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- 277 views
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No gear, no worries for Surpass Natural
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- 295 views
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Muraahib finally lives up to hype third-up
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- 276 views
Announcements
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Posts
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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 -
That is the point chief, Racing is getting the profit ie the unallocated money??? Now that is apparently happening because they owned a thing called the totalisator in the early 1900s, that was then computerised and racing was given all the income generated by the Totalisator agency board to shut out the bookies. Now that has continued since the TAB was set up in the early 50s. Racing no doubt still own the Tote they invented it and still own it, but as far as fixed odds wagering on sport, that isn't owned by TAB, so the reason racing is getting the profit from sports betting is just because they always have. Now with the 50/50 Entain deal in play if a foreign bookmaker can get 50% of the profit what is to stop each sport including racing just getting its own share of the other 50%???? -
Chief i very much doubt there is data exchange between regulators and tab in NZ. There maybe occasional audits, but there is no way that FMA RBNZ or DIA are getting any data from Entain. When you read risk based approach, that is code for do what you want we are asleep at the wheel over here. Entain may send STRs to the police and are required to answer any incoming requests from IRD or Police, but there is no effective way for a regulator to monitor weather in fact Entain are doing the due diligence required of them outside of an audit, thus you are relying on the culture of the organisation, and the TAB has gone from a state controlled entity, to a branch of a Corporate bookmaker based in Australia so is the culture of compliance the same?????
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By Chief Stipe · Posted
It was a percentage of turnover on the respective sport and that sport needed to have a National Organisation in order to receive the revenue. As far as I know Racing didn't directly get any of that money except that which wasn't allocated. Of course there was a contribution to overheads from Sport.
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