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By Special Agent · Posted
I think we are looking at different situations across the country e.g. Avondale vs Levin. First there is the actual (not projected) value. Then look at where they are situated. Finally look at the value of each to the industry. Someone said earlier about comparing apples with apples, case in point. -
By Chief Stipe · Posted
There's the conundrum. The assets aren't earning enough to maintain themselves now. We are rapidly heading towards a scenario of "do you want 25 racecourses or none"? All well and good sounding altruristic saying that "the assets should go to the community that built them" but that isn't the case. They are racing assets. -
By Special Agent · Posted
Lack of strong charismatic leadership ... you got that right! Have you noticed how the most useless people at anything have such tickets on themselves? The best people seem to be the ones whom no one even realises the great work they do. Lack of capital and expertise ... one is not much chop without the other. -
By Special Agent · Posted
That's not even $7million per track. That might have been a lot of money once but, I don't believe it's a large amount to upgrade much in 2026. Where does the money come from to maintain the venues going forward? Assets can only be sold once. I think it's short sighted. -
i agree with brodie in that the tab should accept larger bets from him. I believe,the tab/entain/betcha should be able to adjust their fixed prices,to reflect the support each runner has recieved from larger bets and therefore balance their books and not fear anyone. Of course they should have some limites,but not as small as they do. Of course they should have a time limit on when a larger bet can be accepted up to pre race,e.g. 15 minutes,so they can adjust their markets accordingly and limit any risk. i also believe they should reward people who put money through the tote pools by allowing them to get on more on ff.But they haven't,because they are dumb.I've explained many times how they actually cost themselves tens of thousands in profit from some punters because of there stupidity. people must understand that a winning punter on the ff,can still be a punter who's overall turnover on ff and tote,generates a profit for the tab. if people can't understand that,then they should apply for a job at the tab ,as that lack of understanding will fit in nicely at the tab. people who say the out the gate crew should not get preferential treatment,i don't agree with that. betcha giving bonus bets and accepting of the larger bets by the out the gate makes perfect sense to me. and the reason is simple. Its all about the big picture. Just as i have pointed out the tab are dumb as sometimes,the betcha out the gate model is smart and business savvy in my opinion. dividend (or payouts) from participation in each weeks out the gate show,are paid into peoples betcha accounts. betcha would recognise that the out the gate promotion is all about promoting punter participation,getting punters money in their betcha acounts ,knowing the punters will then themselves spend any payouts they receive from their weekly out the gate payout,and will very likely lose that over the following week or two.And its model that gets that punter particapiation at levels people can afford to lose,in other words a reasonable model for responsible gambling,making punting about what it is supposed to be for most,a bit of fun. at the end of the day,entain/tab/betcha should all be about promting sustainable turnover so as to generate profits and give returns to the industry so the industry can maintain the likes of stakes. in my opinion,some of what betcha does is smart and some of what the tab does is stupid. Theres an inconsistency in how they do things which highlights they can be clever,but they aren't as clever as they could be.
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