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Chief, I appreciate that the odds need to be set right for fixed odds! However there is generally a 30% margin approx. in favour of the TAB and so how on earth can they not be making money?. The bigger the turnover the more they can make, just like Briscoes etc. they have big turnover and make a % profit on that. Far better to encourage spending and make % profit on big turnover than making larger yield on much lower turnover by putting punters off! If they want to have betting restrictions on punters then so be it, but have those betting restrictions on every punter in NZ, just corrupt to be singling out some! They take a bet and then slash odds so that it is not attractive for other punters, so lose turnover. At the end of the day, that us the way they think is best for them to operate, however we will wait and see if it is going go be beneficial for NZ racing!        

Noticed oncourse the other day the tote staff pushing fixed odds, telling me that they were better than tote odds at the time I was putting my bet on, others just done it without telling you, are they pushing the fixed odds more for some reason, last greymouth meeting was pleased to come out on right side for a change, my bet captain upham, was around 35s fixed an tote about 30sec before start time, took tote odds and ended 67s, when fixed closed at 40s, quite a few times I've been caught on the wrong side, don't understand how the comparisons are so different at times

Certainly can say that I have no idea how the TAB used to operate with staff numbers etc. and do not know the day to day operations under Entain! However I do know that previously they had issues that needed addressing and this was selling out half the ownership for 25 years to An overseas gambling business Entain. Many thought this was going to be the saviour for the TAB with 900million being paid for the half share for the 25 years. This deal is very very short sighted in my opinion as once the $900m is wasted, what are we going to have for loss of half the profit? What I do know and it is probably the same with all gambling agencies worldwide is a business that has no scruples and acts and treats their customers with little ethics. Time is going to tell but unfortunately I believe that the NZ racing industry is in deep trouble, the TAB/Entain will be fine as they will survive off Sports Betting and online gambling in the years to come!  

I don't know how many times I need to explain this to you.  Yes under the Tote system the odds are always in the TAB's favour as they clip the ticket of every bet at a fixed rate.  BUT with Fixed Odds they are just another punter in the market and theoretically they could lose money on every race if they didn't set their prices right.  Yes they price the market in their favour but that doesn't guarantee they won't make a loss.

You assume that the jobs were real jobs.  Cost efficiency only benefits the Industry.  A shame this Government hasn't taken a bigger knife to slash the 15,000 extra Government employees employed under the last Government.  The old TAB was run like a Government Agency and selling to ENTAIN was probably the only way to break that culture.

Same as 2024 then. I was counting Michael/Matthew as one.

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Breeders' Cup Sprint (G1) winner Bentornato is nearing a return to the work tab Jan. 17 with a target on a trip to the Middle East for the $2 million Dubai Golden Shaheen (G1) on Dubai World Cup night March 28.View the full article

The Horseracing Integrity and Safety Authority (HISA) and trainer Rudy Rodriguez have reached an agreement that will end Rodriguez's provisional suspension and allow him to return to training, HISA and Rodriguez announced jointly in a statement released Tuesday. His suspension will officially end on Wednesday. Rodriguez has not started a horse since Dec.  13. Rodriguez's problems began in November when HISA alleged that the NYRA-based trainer had violated rules related to “cruelty, mistreatment, neglect or abuse” of Thoroughbreds. At that time, HISA served Rodriguez with a “notice of violation and show cause.” HISA had cited examples of 16 horses trained by Rodriguez that had been put on the Veterinarian's List since Nov. 22, 2024. It also alleged that none of the horses had undergone a lameness evaluation or diagnostic work performed since being placed on the Veterinarians' List. Rodriguez was given a Dec. 12 hearing before hearing officer Armand Leone and testified that all of his horses had been well cared for. But Leone concluded in his report that Rodriguez “failed to follow the standard of care required for a Trainer and endangered the welfare of his horses.” Leone added that HISA demonstrated “good cause” for an immediate suspension of Rodriguez's license before the full case had been adjudicated. After Leone's ruling, the provisional suspension went into effect Dec. 16. A provisional suspension means that persons operating in racing states under HISA's jurisdiction cannot participate in racing while their case is still in the process of being fully adjudicated. In the joint statement, HISA recognized that Rodriguez had made assurances that he would be more careful going forward when it came to caring for his horses and seeing to it that proper tests and veterinary work took place in the cases of lameness or other injuries. “The agreement reflects Mr. Rodriguez's commitment to ensuring that all his Covered Horses are cared for, trained and compete in a manner that reflects the highest standards of equine welfare and integrity,” the statement read. “As a result of this process and working collaboratively with HISA, Mr. Rodriguez has reviewed his existing practices and has agreed to implement remedial measures designed to ensure horses in his care receive timely and adequate veterinary intervention and care. The lifting of Mr. Rodriguez's provisional suspension is conditioned upon his $10,000 donation to a thoroughbred aftercare organization and continued compliance with the conditions set forth in the Agreed Order.” An official ruling regarding Rodriguez's status was posted on the HISA portal site Tuesday, and it gave more details. Rodriguez's registration with HISA was actually suspended for an additional six months, but that six-month suspension has been stayed and is contingent upon the trainer not committing another violation of HISA's Racetrack Safety Rules or violating the terms of the agreed order within a one-year period. The $10,000 donation must be made to the Thoroughbred Aftercare Alliance or “a similar nonprofit organization dedicated to Thoroughbred aftercare.” In addition, when Rodriguez has a horse placed on the Veterinarian's List for “unsoundness, injured or Epistaxis” he must agree to have an attending veterinarian conduct a complete evaluation of the horse within 48 hours of the time the horse is placed on the vet's list. Rodriguez also had to agree that Dr. Donald Baker will have “complete, unrestricted, and unfettered access to Rodriguez's barn and training facilities at any time, with reasonable notice…” The TDN placed a call Tuesday to Rodriguez's attorney Clark Brewster, but, at the time of deadline for this story, had not heard back from him. The post HISA And Rudy Rodriguez Reach Agreement; Provisional Suspension Lifted appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article