Chief Stipe

Had to play dodgems.

They outsourced.

Yeah na... You and @Freda would have been throwing knives at us or rotten tangerines!

Of course he can! It's Digital now so he has low overheads. But probably lots more "expenses"....!

Racing is the Sport of...

No worse than Waipukurau - perhaps they listened to @nomates !!! As I said above the horse needs a firm track and a short distance. The chances of getting that in NZ are close to zero. It is as frustrating for the Trainers as the Owners.

I'm sure I could sell it to Te Akau for @Murray Fish !

Why wouldn't they cut costs? TABNZ and Trackside was being run like an ex-Government Department or QUANGO. Book making isn't that hard and the majority of it can be done programmatically. The contracts for the broadcasting were over the top and why wouldn't you put full time employees on contract for piece work?

They bought ALL of it. Paid too much for it as it was insolvent. Essentially they bought a license to operate in NZ.

There is an contractual agreement to split the profits. Up to HRNZ and NZTR where the money goes - stakes, reserves or infrastructure. However TABNZ are in between ENTAIN and the industry.

Correct. NO tax. ENTAIN is not a NZ company and the NZTAB has never paid income tax. In ENTAIN's case they haven't made a profit in NZ so why should they pay tax?

She is indeed. Assuming you mean the Russian Revolution filly.

The analysts still have a BUY notice on the stock. I know at least one BOAY member who bought in at the last low and sold on the last high. The biggest threat to ENTAIN and indeed the whole wagering industry is Government seeking a return in the form of taxation. I imagine both Australia (Federal and State) and the NZ Government are looking to get a positive return from racing rather than having to subsidise it continually.

Which is basically what I said.

I agree both remaining codes are spending beyond their means - thanks to the ENTAIN shareholders. However old habits die hard and the industry as a whole has been doing that for decades and previously have been bailed out by the taxpayer. The industry is gambling on ENTAIN getting the NZ operation on a better footing that it was before. The signs are that it has at considerable cost to ENTAIN but not enough to maintiain the current level of funding - yet. My assessment is that the returns from the NZTAB are greater than when it was run entirely by TABNZ.

That can't be correct in the transition phase where the ENTAIN shareholders are funding the purchase and I note the rather large writedown of the NZ Businesses Value.

Leading lady produces the perfect NZB Kiwi dress rehearsal Michael Guerin • March 3rd, 2026 10:43 AM • 3 min read Well Written winning the $1.5 million TAB Karaka Millions 3YO (1600m) at Ellerslie on Saturday. Photo: Kenton Wright (Race Images) If you were looking for ways Well Written can be beaten in New Zealand’s richest-ever horse race, you wouldn’t have found them at Ellerslie on Monday morning.https://bitofayarn.com The unbeaten 3-year-old filly provided the perfect dress rehearsal for Saturday’s $4 million NZB Kiwi with a faultless hit-and-run mission on the home of New Zealand racing. Trainer Stephen Marsh is following the exact same routine that saw Well Written produce one of the great modern-day New Zealand performances by a 3-year-old in the Karaka Millions 3YO, also at Ellerslie on January 24. “We brought her up here to work her a few days before back then and we have followed that again this time,” Marsh said. “But I think she might be better now than she was then.”https://bitofayarn.com Marsh says that is because he has been able to wind Well Written up as he likes in the last fortnight, with no pressure on where she went or when. “She is so clean-winded, she doesn’t need a lot of work and even though we had the option of trialling her up our sleeve, we haven’t needed to use it.” Whatever Marsh has been doing with Well Written in those last six weeks has agreed with her. She waltzed back into Ellerslie, where four of her wins have come, with the poise reserved for the unbeaten and unbowed. Barely a bead of sweat after the float trip from Cambridge, no Auckland traffic tension for the girl not used to going slow.https://bitofayarn.com Well Written hasn’t grown much in those six weeks away from the public eye but for a 3-year-old veteran of just five starts, she seems unflappable – understandable when you consider for Well Written, visits to the racetrack rarely involve strain. Still only around 480kg, with maybe another 20kg or 30kg needing to be packed on as she thickens out next season, the daughter of Written Tycoon looks fit without the overly taut belly of some of our better racehorses, feeling the effects of a busier summer. “That is the great thing, she hasn’t had that many starts and has won most of them pretty easily,” Marsh said. “She has had a few tiny issues along the way but she is spot-on now.” Well Written went out and proved the boss right in her trackwork session, held wide out on the course proper. Galloping with four-win stablemate The Exponent, Well Written worked over 1200m, speeding up for Matt Cartwright from the 600m mark and easing clear in the last 100m as The Exponent got the same view of the special filly that her rivals usually do. Marsh was happy but was empty-handed; no stopwatch needed to tell him what his eyes had seen. “I didn’t bother clocking her, it would have been somewhere between 34 and 35 seconds for her last 600m but we saw exactly what we needed to,” he enthused. As effortless as the work was, Well Written’s next 15 minutes was just as important for those searching for chinks in the armour of a $1.20 favourite.https://bitofayarn.com Recovery: Quick. Attitude: Nonplussed. Departure: Supermodel-like. Swan in, saunter out. It won’t be that easy on Saturday. It can’t be. The NZB Kiwi is, after all, the richest race ever held in New Zealand and comes with a beefy bonus if Well Written wins. If the weather forecasters are right, a fine-day Ellerslie could have 12,000 racing fans creating a wave of energy and the girl with the most camera phones aimed at her will be the chestnut in the removable red hood. And as fast as she is, few of her rivals’ jockeys will be looking to do Well Written any favours – although that usually doesn’t matter when they are behind you. So far, NZB Kiwi week is going perfectly to script for the leading lady. That could, of course, change at Tuesday night’s barrier draw at the Karaka sales complex, screened live on Trackside at 7pm. After all, Well Written could draw the outside gate. That would undoubtedly see her price drift from the rock-solid $1.20 it has been since her Karaka Millions demolition job. But there are still only 14 horses in the NZB Kiwi. And don’t bet on even barrier 14 stopping Well Written on Saturday. NZB Kiwi $4 million plus bonuses, 3-year-olds, 1500m.https://bitofayarn.com (Expected field, barrier draw Tuesday night) Well Written, Matt Cartwright (jockey) Asakura, Dean Yendall Affirmative Action, George Rooke Romanoff, Ryan Elliott He Who Dares, Opie Bosson La Dorada, Ben Thompson Belle Cheval, Mick Dee To Bravery Born, Rory Hutchings https://bitofayarn.com Convinced, Samantha Collett Lollapalooza, Michael McNab Zivou, Warren Kennedy War Princess, Wiremu Pinn Panther, Craig Grylls L’Aigle Noir, Joe Doyle Champions Day What: New Zealand’s richest race day with stakes of $8,550,000. Where: Ellerslie, Auckland. When: This Saturday. Who: Many of our best gallopers, headlined by unbeaten filly Well Written, taking on a smattering of Australians. BIG SATURDAY is all about Champions Day. Race highlights are the NZB Kiwi - New Zealand's richest race, the New Zealand Derby, the Gr.1 Sistema Stakes and Auckland Cup.https://bitofayarn.com Preview shows every day and then tune in on the BIGGEST SATURDAY on Trackside 1 or trackside.co.nz from 11:30am

Well didn't take 4 weeks or maybe 5 or whatever is needed.

Geez "blowing things up" - Trump needs you!

With no evidence that Sport has scavenged anything from Racing.

How can it be a "blip" when it is UP not down. Using your logic January 2025 was DOWN on Nov/Dec 2025. Not every month is the same! Your comparison is about as useful as comparing January with August!

That method isn't a direct comparison. You can only compare January 26 with January 25. In that comparison NZ Racing turnover is up $10m. We don't have a comparison of the overseas component. If Sports is up 53% (not sure if it is 5.3%) then it is a very good result all round.

Sorry I don't get your calculations.

I'll send it to you. @Freda and you can take your negativity out on it - sit around, gossip, throw knives at it...

18.5 lengths last. Didn't go an inch on that ground. Very short action up front.