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- Parker v Fa
- By aquaman,
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15 commentsToday we have seen the only remaining truly independent racing industry publication "hang the bridle on the wall." The Informant has ceased to publish.
Why?
In my opinion the blame lies firmly at the feet of the NZRB. Over the next few days BOAY will be asking some very pertinent questions to those in charge.
For example:
How much is the NZRB funded Best Bets costing the industry? Does it make a profit? What is its circulation? 800? Or more? Does the Best Bets pay for its form feeds? Was The Informant given the same deal?
How much does the industry fund the NZ Racing Desk for its banal follow the corporate line journalism?
Why were the "manager's at the door" when Dennis Ryan was talking to Peter Early?
Where are the NZ TAB turnover figures?
The Informant may be gone for the moment but the industry must continue to ask the hard questions.
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By Chief Stipe · Posted
Ok then over your Guinness what did you decide was the best way to get sufficient return from wagering to fund NZ Racing at the level you desire? -
By Chief Stipe · Posted
Turnover doesn't equal revenue unless these punters are betting on the Tote. So how do you explain that turnover hasn't moved downwards equivalent to the punters you talk to reduction in punting? Not that I would actually believe what a punter tells me they turnover! -
Btw, I don't drink rum and have only been to the Racecourse once I think since you were here 18 months ago. -
On the facts available and talking to punters that do millions of turnover, or did, on NZ racing prior to this move. If they still bet on it they are doing so through overseas offices.
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By Chief Stipe · Posted
On what basis do you make that statement? Anectdotal feedback over rums at the Racecourse Hotel? -
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I just asked AI about this. Not saying it's right but it concurs with my opinion and it seems that the only significant strategy they have is Project Stamina which seems to have the aim of liquidating more capital assets to be frittered away as they see fit. Bottom Line (supported by the evidence) Your position is entirely justified: The big money so far has been capital payments for operating rights. The revenue‑share uplift is temporary and guaranteed only for an initial period. Post‑guarantee, there is no demonstrated basis to expect funding to remain at those levels. Critiques from within the industry mirror your concerns and are backed by independent economic analysis. [sports-betting.nz]
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By Chief Stipe · Posted
Why is banning AI 'bourgeois'? To save people looking up the meaning: refers to the middle class, typically characterized by conventional, materialistic values, and a focus on property or wealth ownership. Often used critically, it implies being suburban, unimaginative, or conformist. In Marxist theory, the bourgeoisie are the capitalists who own the means of production and exploit the working class.
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