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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 Nowornever · Posted
That is a complete copout and also a load of horse shit. A monitoring and review group can’t meaningfully assess the turnover performance without full access to race by race turnover data. They should be able to give a very accurate assessment of everything turnover related and if they can not then the report is a waste of time. -
By Special Agent · Posted
Absolutely Murray. I think you will find many Racecourses were gifted to Racing Clubs by someone, a family or group in their community. That's where the property should go back to. -
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huh.i explained why .No point picking out bits Again,that ain't neccassarily so,even probably so. i explained why if you read my whole post. but for you again. if you run x amount of races and those amount of races are not generating enough income from wagering to cover the stakes paid.And then you increase the amount of races from x to y,and you generate the same turnover per race on the y races as you had on the x races,then what you have done is maintained turnover but increased the deficit between turnover and stakes paid,because you have run more of them. you just miss the points i made,i can't help that. -
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By Murray Fish · Posted
Over the years I have been involved with quite a few IncSoc, set up a few! A standard rule has usually been that 'on ending', any reserves go back into that local community! To me, most tracks started of and grew through there relevance to their local community! Most have had nice relationships with their local councils and have kosher agreements around rates. (read locals have invested in the track..) rave over.. sigh, refer to my post above!! I will share this with you! Over the last few years I have made the effort to speak to various 'committee people' from Tracks that have been label 'gone', just about, and this is still happening, feel that communication around this topic is very flawed! To be Told that they can be sold up and their assists taken strikes deep! Watch the Lawyer$ getting involved when and if certain tracks/clubs get liquidated! ps. by chance! I have a spare Race Course! out Avondale way! 200mil and its yours! got a harbor bridge going cheap to! -
The 3 or 4 presenters for OTG are surely paid employees of Trackside and therefore employees of the NZ TAB. representing OTG they are given preferential treatment by their employer by being allowed to bet on any bet they want and any amount they are allowed to win! Whereas some punters not employed by the TAB are not allowed at all to bet on certain options and restricted to small amounts on other bets!! How on earth is this actually legal despite what is stated in the TAB rules that they do not have to accept peoples bets? It just shows how unethically wrong the way they are operating. They also dont follow the AML legislation limits but they have been getting away with it. -
By Murray Fish · Posted
not sure about the NZ bit... re Au, doesn't that 20th share also have technical tax repercussions re ownerships stuff? (tax right off for...) ps, loved the yarn... we must charge a glass together one day! -
By Murray Fish · Posted
what age bracket? I ask as, sigh, many in our community are not doing that well! once there was a 80% chance that you would do better than parents! around 2000 that changed, now it is around 20% chance!
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