Chief Stipe

Come on @Brodie !! Be nice to those "other punters" afterall it was they that contributed to your millions of dollars of winnings! I can see some hypocrisy here.

10M means what?

10M of irrigation? Will the track recover from a H20?

Consultants told us AML program was ‘largely’ compliant: Entain Zoe SamiosBusiness reporter Oct 29, 2025 – 3.47pm The British owner of Ladbrokes and Neds has dragged two specialist consulting firms into its fight against the financial crimes watchdog, arguing multiple reviews showed its anti-money-laundering and counter-terrorism program was largely compliant.https://bitofayarn.com London-listed Entain is in mediation with the Australian Transaction Reports and Analysis Centre after its board and executive team were accused of failing to put in proper checks on how some of its biggest customers were financing multimillion-dollar bets. Ladbrokes, a major sponsor of key race meets, faces millions of dollars in penalties for alleged breaches of anti-money-laundering and counter-terrorism laws. Getty The investigation found Entain allowed 17 high-risk customers to spend more than $152 million without doing appropriate due diligence. The bookmaker has contested a number of allegations in a defence filed on Monday, including the damage caused by its non-compliance. https://bitofayarn.com One of the areas of dispute is harm caused by cash that was entered into betting accounts through cash payment channels, including terminals at retail venues. “Entain accepts that certain inward payment channels obscured the source of funds, including by permitting deposits of cash, which inhibited the ability of law enforcement and AUSTRAC to trace money to its source,” the concise statement in response said. “However, the level of harm suffered should not be equated to the total amount of deposits or withdrawals by the 17 customers ... harm requires looking at the counterfactual if alternative systems and controls were in place.” Entain is one of the country’s largest online bookmakers and had almost 2 million customers last year with a market share of 17 per cent. AUSTRAC’s central allegation is Entain did not have the right systems in place – such as transaction limits and procedures for international deposits or withdrawals – to manage the risk of money laundering. https://bitofayarn.com The wagering giant said it commissioned four independent reviews of part of its compliance program by two specialist firms – GRC Solutions and Murray Waldren Consulting. The part the consultants assessed – Part A – had the primary purpose of identifying, mitigating, and managing money-laundering or terrorism-financing risks. A defence to non-compliance is whether a company took precautions and exercised due diligence to avoid the breaches. The independent reviews conducted by GRC Solutions in 2018 and Murray Waldren Consulting between 2020 and 2022 found Part A of the program was “largely compliant” with the law. https://bitofayarn.com “They made recommendations for improvement, none of which was categorised as ‘significant’,” the concise statement said. “Entain promptly took steps to implement recommendations made in the Independent Reviews and sought assurance from MWC that it had done so appropriately.” Entain also said that once it was informed by AUSTRAC of serious non-compliance in September 2022, it overhauled its compliance program. That program was fully implemented in June alongside a multimillion-dollar increase in AML/CTF staffing and investments in systems and technology. It claims it has almost minimised risk by limiting business to Australia and removing certain payment channels. Andrew Vouris, Entain Australia and New Zealand’s chief executive, apologised that the old program did not meet expectations. “We followed expert advice at the time but, looking back, we recognise the old program missed the mark,” he said. “We’ve acknowledged our shortcomings, taken responsibility, and spent the last two years learning from them and fixing them.” The bookmaker has set aside more than $100 million for the proceedings.

So they report what God told @Huey to send down but not what they do themselves. No wonder it is pointless trying to correlate moisture readings. Yet aren't they required to run a water budget? Of course if they aren't then there is no way of managing the track to be optimum.

We're discussing the 2025 Cup on its own merits. I'm sorry I don't have the time to educate you on the nuances of horse racing. You just keep backing 7 horses to win in tbe same race. The industry is very greatful for your contribution. Well thats one concession I suppose as you were bagging the horse before the race even when the same nameless racing journalists you elude to weren't. However let's leave the description of her ride to one of the greatest Australian Jockeys Glenn Boss. Specifically, he said: "what a magnificent ride. You have got the accolades of the greatest of riders, all the owners here, the trainers, you just rode it beautifully". His comments praised her patience, poise, courage, and confidence in securing the rare Caulfield Cup-Melbourne Cup double, a feat that etched her name alongside other legends of the sport, including Boss himself.

If they don't have to report the irrigation amounts why bother reporting the rainfall?

Either way I doubt the quantum of the penalties will be out of line with the precedents.

They were all closed before legal proceedings commemced. If that happens then AUSTRAC will be ignoring their own penalty precedents.

Wouldn't they have to put that in the report?

Yeah but his horse was stuffed and I imagine they have a joint bank account!!!

Good memory @curious. Though I'm sure @Newmarket will still say she has peaked and the latest successes are just luck. Or he thinks Jamie Kah and Jamie Melham are two different people. Jamie is getting her confidence back after that horrendous fall and should continue to improve. Unless the breeding barn interrupts!! How many Jockeys have won the Caulfield Cup/Melbourne Cup double in the same year?

Well they havent done it this week. The report says nothing about irrigating this week or have I missed something?

Sorry to shatter you delusion but I'm not upset. It is actually amusing reading the crap you write albeit now becoming repetitive. The gaps were always going to come. They always do over 3200m and it is easier to push past a tiring horse. Contrary to what some amateur punters think, such as yourself, a Jockey on a tiring horse will often move over for one full of running. Of course the difference is it was 3200m NOT a sprint. Also tiring horses will drift off the rail. Jamie rode the perfect patient race especially when you read the real hard luck stories from the other Jockey's where their charges clipped heels, didn't settle, got caught 3 wide etc. Also another factor was when Land Legend surged to the lead and upper the tempo at the halfway point which made some gaps in the field and made a staying test. Jamie being the cool calm experienced Jockey she is didn't panic. She got the horse to settle beautifully, took the shortest route home and pushed the go button at the right time. I wouldn't struggle but quite frankly educating you would do a disservice to the NZ Racing industry as they need your regular valuable monetary contribution.

Entain files Defence to AUSTRAC proceedings Entain Australia (Entain Group Pty Ltd) today filed its Defence in response to AUSTRAC’s amended statement of claim in the Federal Court of Australia.https://bitofayarn.com Entain acknowledges there were certain deficiencies in its previous anti-money laundering and counter-terrorism financing (AML/CTF) compliance program (Program) during the period December 2018 and August 2024. https://bitofayarn.com At the same time, Entain disputes a number of the allegations and interpretations made by AUSTRAC. Entain also notes that over the last two years, it has undertaken a substantial transformation of its approach to compliance and strengthened its Program with: • A tenfold increase in AML/CTF staffing; • Tens of millions of dollars invested in new systems and technology; • Closure of higher risk channels – including all cash payment channels, which previously accounted for less than 2% of deposits; • Closure of all 17 customer accounts in question – prior to legal proceedings, some as far back as 2020; • New governance, controls, processes and oversight of risks; and, • A new leadership team committed to a compliance-first culture.https://bitofayarn.com Entain has fully cooperated with AUSTRAC and continues to engage constructively and in good faith. Andrew Vouris, CEO of Entain Australia & New Zealand, said: https://bitofayarn.com “We sincerely regret that our old program didn’t meet expectations. We followed expert advice at the time but, looking back, we recognise the old program missed the mark. "We’ve acknowledged our shortcomings, taken responsibility, and spent the last two years learning from them and fixing them. "Entain has fundamentally transformed its approach to compliance and now operates a market-leading program, underpinned by a compliance-first culture – to Win, But not at all costs.” Media Contacts: Australia – Trenton Akers Trenton.Akers@entaingroup.com.au +61 422 828 895 New Zealand – Matt Smith matt.smith@entaingroup.co.nz +64 27 228 5423 Entain plc (and Sodali & Co) media@entaingroup.com entain@sodali.com +44 (0) 20 7250 1446 27 October 2025

Well Written is starting in the NZ 1000 Guineas. Drawn 3 and short priced favourite.

Is the water table high at Riccarton?

There is no proof of Mitchell Dawson using something for an unfair advantage.

You really are a plonker. First you bag the horse AND Jockey and after the race you say it was a lucky run. Jamie placed the horse perfectly and put it to sleep until the right time. Pushed through the gaps when needed and the horse did the rest. Not much luck at all. As you should know, but obviously don't, over 3200m at Flemington the gaps will happen as horses tire up a very long straight. Just requires a patient calm rider of the calibre of Jamie Melham to ride through them.

She is a good Jockey. Very good hands and kind to a horse.

So you lost your dosh.

You're too sharp

Well it was your first discounted horse AND jockey.

I backed it and got it in the pub sweepstake.

So you are looking for a $7.10 dividend to break even?