The thing is and it is the same as most failing businesses is that those that are in charge, try to cover things up and dont take ownership for its failure!
For example, Duval, Chance Voight directors under statutory management and they stat3 that everything is rosey and no issues and financially fine lol
The same attitude that HRNZ and TAB both have, so we wait and see!
yeah. as you say ,what will be will be ,no matter what you,me or others say.
hrnz have used the entain money to create the impression amongst its stakeholders and investors,that the industry is going much better than of how its actually performing financially and numbers wise..And they have also used it in misdirecting attention from the declining numbers of the likes of horses being bred,those breeding them,licence holder numbers,field size,etc.
Reinforced by selective,clever hrnz spin and the complicit media, is a strategy that clearly is fooling many.
i'm sure,the strategy was done with good intentions,but good intentions won't help pay the bills in years to come.
Wathnan Racing's Hit Show—prepping for the March 28 Dubai World Cup (G1), a $12 million race he won in 2025—wins the $242,500 Mineshaft Stakes (G3) Feb. 14 at Fair Grounds Race Course & Slots.View the full article
Trainer Saffie Joseph Jr. emerged with a third straight victory in the $150,000 Royal Delta Stakes (G3) as Miller Racing's Claret Beret posted a dominant victory in the 1 1/16-mile main track event Feb. 14 at Gulfstream Park.View the full article
Gamma, totally on the back of the cash splash from Entain!!
That money is going go stop and then what?
They have totally mismanaged things but that is going to come out soon unfortunately.
Burying their heads in the sand will not work, reality will set in soon unless they can come out and explain how they are going to afford to maintain stakes in the future?
i hope things do continue but delusion if you believe that Entain is interested in NZ harness racing!