Life in the Hong Kong racing bubble has been anything but normal of late but Karis Teetan says the recent uncertainty caused by the coronavirus has had little impact on how he goes about his business as a jockey.Sunday’s Sha Tin card was in limbo until the morning of the meeting as the Jockey Club waited for approval to race from the government, and talk of the sport being suspended in Hong Kong – like it has in so many other countries – has lingered for months now.But for Teetan, he’s just… View the full article
In the first half they paid it all out to the codes and more I think. So, that's gone. No reserves, stuff all revenue. No pokie money to fund the RIU who are not required now anyway. Maybe half a dozen staff can be sustained at NZTR? They have nought to do also.
Maybe they still have $23m in TAB account holders accounts! 😉 Nah just joking as that money is in a non interest bearing trust account.
Which half of the year brings in the most revenue? If it is the first half then they still should have some cash. Especially since late last year was the World Rugby Cup.