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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
Not directly but their 3 Trusts do. Don't they? More than $10,000 a meeting. -
By Wandering Eyes · Posted
Trainer Bob Baffert has entered five 3-year-olds in the 7-furlong Malibu Stakes (G1), headed by recent Perryville Stakes (G3) winner Barnes.View the full article -
Not sure what you are talking about. The Levin Racing Club doesn't run the Levin jump-outs. And you have still failed to quantify how much you think Otaki is subsiding Levin's race days though you keep bringing it up. -
By Chief Stipe · Posted
How much time do you need? It isn't exactly rocket science as the variables are known and measureable. Why do you call them "opponents"? Perhaps therein lies the answer to my question - who is benefitting! -
By Chief Stipe · Posted
Then who is driving things and benefitting? Some have argued that one South Island trainer has held the programme to ransom for a very long time. Has that changed? -
By Chief Stipe · Posted
Even worse if you like a horse that is in two futures market races for the same day and is nominated for both!!! Money for jam for the TAB. Got burnt once never again. -
Exactly, Rich Hill Mile Smart Love 2.60 She's a Dealer 5.00 Both promising horses with 7 starts for 4 wins each, but a number of hardened campaigners in that field in top company for the first time. Poor value, you would want at least 5 and 8 before any possibility of a futures bet -
By Chief Stipe · Posted
But it is the wrong thing to do. It has been proven beyond doubt that increasing stakes does NOT increase participation. There is no indication in their annual accounts that it goes to the maintenance of core racing infrastructure. Certainly not enough does nor is enough profit put aside. It should be the main story. I'm afraid though most committees have no idea how to manage a balance sheet and inevitably end up spending money on the wrong activities e.g. bolstering stakes. If you are talking about Levin well congratulations on "the most successful jumpouts in the country". However you are deluding yourself if you think that Levin is making sufficient proft to maintain their assets. Especially when you take into consideration the sale of land to sustain themselves plus the raceday subsidisation by the Otaki Maori Racing Club. Never a true word. Therein lies the conundrum. They aren't accumulating they are redistributing as Stakes. They are taking the risk with their speculation that the track will always perform yet they are not accumulating to maintain that asset. -
Just watching Brittney Graham on trackside just mentioning the odds for Ellersle Jan 1 on the futures market, why risk no refund if not starting and wait until tomorrow when the final fields out, what's the rush ?
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