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Marsh goes out with a Supernova Big Bang
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- 277 views
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Cher finally bursts into song
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Horses' body weights September 15
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Snubbed Orient Express silences knockers
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Tom Cat off like a lear jet on debut
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- 276 views
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Lim’s Ray shines at sixth start
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Horses' body weights September 13
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- 299 views
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Pike to ride at Ultima El Dorado Classic day, Pinheiro, Lane and Zahra to ride at Raffles Cup day
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- 270 views
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Early scratching September 15
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Hello And Goodbye, Bruce Marsh
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- 259 views
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Jason Ong granted stables at Kranji
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- 693 views
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Early scratching September 13
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- 326 views
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- 270 views
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Raffles Cup draws 19 nominations
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- 282 views
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- 296 views
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Zahra booked on Mister Yeoh in Raffles Cup
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- 311 views
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- 283 views
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- 324 views
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Wong gets it right with Optimum results
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- 282 views
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Rodd finally gets Wolf at head of the pack
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- 271 views
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Walker Inherits another nice sort from Sydney
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- 290 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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