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I just watched a fella called brad reid on the box seat trumpeting how great it was that the number of mares bred was up by 99. mr reid went on to say how great a job HRNZ had done in stopping the decline. Now after watching mr reid i came to the conclusion hes just another well meaning spin artist as well. You see, mr reid said its not rocket science to work out hrnz needed to invest heavily in subsidising breeders through bonuses,cedits earned by fllies and mares who win races,credits per foal for bigger breeders,etc.It sound like its 2-3 million annually. So Reid said its not rocket science the industry had to artificially introduce those subsidies to stabalise numbers. so all mr reids done is positively spin the very negative underlying aspect,which is obvious,he after all said it,that numbers would have declined without the subsidies .. So all mr reid's done is positively spin the underlying very negative aspect,whcih to it. to be honest,i personally just don't think they realise just what they say sometimes, because they are so caught up in trying to make out what a good job hrnze doing. as to subsidies. well theres 2 things about that. Its money being diverted from somewhere,hrnz can only spend it once and how long are subsidies sustainable for. maybe mr reid is too young but perhaps he should have a look back in history to past examples of what happens when you remove subsidies. In the mid 80's all hell broke loose when rogernomics removed the lamb subsidies applied during the muldoon era. Now,i'm not comparing an industy with 70 million sheep at the time to an industry with 1600 horses,but it was still a case study of the consequences of what happens when you artifically manipulate something and ignore relaities. the point i keep making is,if hrnz was truly doing a good job,there would be no need for any subsidies. Subsidies are just a way of putting off dealing with realities and the longer you put it off,the worse the inpact becomes. -
But they’re freeloaders as well. Heard of sports betting? -
Why do you say that THEY the freeloaders? Isn't it the NZTAB that freeloads off the taxpayer? And has a monopoly in NZ? -
By Wandering Eyes · Posted
A floor amendment has been added to HB 904–a sweeping piece of legislation seeking to legalize fixed-odds wagering in Kentucky–that is designed to essentially ensure no limit can be imposed on the number of mares bred to a stallion in the state. It requires that the Kentucky Horse Racing and Gaming Corporation select and use an entity to act as “a registrar of Thoroughbreds” in the state, meaning it could choose an organization other than The Jockey Club, which is the current breed registry for the U.S., Canada and Puerto Rico. That “registrar of Thoroughbreds” is then unable to restrict “the number of mares that can be bred to a stallion or otherwise refuse to register any foal based upon the number of mares bred to the stallion.” HB 904 has been posted for passage in the Regular Orders of the Day for Friday. This means that this amendment could be voted on as early as Friday morning in the House. If successful, the amended bill could then theoretically be brought up for final passage on the House floor immediately. The specific language of the amendment reads: “For purposes of this chapter, a registrar of Thoroughbreds shall not restrict the number of mares that can be bred to a stallion or otherwise refuse to register any foal based upon the number of mares bred to the stallion of the foal submitted for registration. “The corporation shall select and utilize an entity to serve as the registrar of Thoroughbreds. The registrar shall submit to the jurisdiction of Kentucky and shall comply with the laws of this chapter,” the language reads. The amendment was authored by Republican David Osborne, speaker of the state House of Representatives. The Republicans hold an 80-20 majority in the state House. The language of this amendment is almost identical to that in a bill Osborne introduced in 2022. That bill was written in response to The Jockey Club's controversial mandate that any stallion born from 2020 onward would only be allowed to cover up to 140 mares. After that bill was introduced, The Jockey Club rescinded the cap. Speaking at last week's National Horsemen's Benevolent and Protective Association conference (NHBPA), new Jockey Club chair Everett Dobson told the audience the organization would revisit that stallion cap mandate. “Years ago, The Jockey Club attempted to impose a cap on the number of mares a stallion could breed. Under my leadership, we're going to revisit that question. This time, we will involve stallion farms and other breed registries around the world to help us find the solution. Our discussions must be science-based with an understanding of the economic realities of the world we live in,” Dobson said. The fixed-odds bill, introduced into the state legislature by Republican Representatives Matthew Koch and Michael Meredith, is a sweeping piece of legislation designed to essentially expand and modernize the state's gambling infrastructure. Among other aspects of the bill, it requires tracks and tote companies to adopt new modern technologies to streamline and expedite betting cycle times. It also attempts to essentially decouple wagering providers from the prediction market, which is the ability for bettors to make speculative bets on the outcomes of future events. Koch told the TDN this week that as the markets have evolved, “predictive markets, by the way, are absolutely cannibalizing other forms of gambling that are out there.” Earlier this week, it was successfully voted out of the standing committee on licensing and occupations. The post Anti Stallion Cap Amendment Added to KY Fixed-Odds Bill appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
By Chief Stipe · Posted
FFS our can you offer "a competitive model" when you are up against freeloaders!!
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