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Was actually talking about HRNZ rather than Entain, but Entain only wanted the TAB for sports and online gambling and we can see that clearly. Not talking about HRNZ back in their hey day, it is the current way that they have been operating for the last decade! Yes harness racing is a great product not denying that, unfortunately the best of it bas been and dramatic change is close. Gamma, in the next year or so, I would be betting my last cent that you will be coming on BOAY and saying that yes Brodie you were totally on the money. No way on earth can a business be run the way it has been over the past few years and succeed!!!!! I repeat that the only way the can pay the current level of stakes is thru the hundreds of millions that they have been gifted, when that dries up??????? -
the NZ Government probably only has 9 months to go?😉 . with election called NOV by Luxon. so that is more the problem for them . The Australian opposition Coalition party just imploded the past 2 weeks with Nationals and Liberals ripping themselves apart and not getting on at all. with each other or internally . they have been swept aside since nearly taking the country to ruin in Covid and being absolute landslide polled against the past 2 elections 2022 and last May. . NZ might do better too? , and be looking for a 'Non - Coalition' government to get back on track ?. Might even help harness racing get back on track if getting so dire there that no one is competing much anymore ? . Labor government just bailed Victoria out of the 'hole' it was in . (in the short term anyway) maybe they can help patch up NZ harness a bit. Help with the ATC debt and that ? ENTAIN are a hugely successful business Brodie. HRNZ have been hugely successful for near/over a century too, and produced a world class product. That the Aussies are currently plundering the past 3 years as your Top Combatants (like Mark Purdon and Barry Purdon) near retirement and their numbers dwindle. -
Cuts are inevitable the way they are blowing the money from Entain! .The truth of the matter is that Entain being brought in as the White Knight to save racing in NZ wouldve been ok if the industry hadve used the money wisely, and not like a kid in a lolly shop!! Can not talk about the gallops as I not interested in them but I have yet to meet a single person that has confidence in the ones making the decisions! nothing personal but they have acted extremely irresponsibly with industry money and not their own! All the time being paid big salaries and ultimately they will be down the road. Does anyone actually believe that the ones making these decisions have ever had any success running a business, as that is what harness racing is?
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harnesslink haa an article regarding mr steeles answers to questions posed by b stewart an harnesslink. maybe its an annual thing. anyways,whenever i read what mr steele says,and this latest is another example,i have to admire his abilty to not answer questions,but in a way that still comes across as sounding positive. mr steele ability to word answers in the way he does, is quite skillful. for example, when asked if number of mares being bred the past season were up,he said .."a survey showed they were going in the right direction...conversations with studmasters were generally positive....we remain optimistic we will deliver on a much improved result on the prior year... I mean,a simple yes or no would have been better. Wouldn't hrnz have enough information by now to just give the numbers. personally i think he gave the answer in the final comment..optimistic for a better result than last year. My guess that means about the same or only just above last year,which of course had been a really bad year. anyways,that man sure knows how put a good spin on whatever he wants to. -
By Murray Fish · Posted
$70k down oncourse. but up $435k overall? I presume a nice profit is made on this day via eating and drinking?
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