Chief Stipe

As for not nominating because it was an Open. Hell when was the last time there was a true Open Handicap race in the South Island let alone the North other than on a Premier Day? Even then they are scratching to get enough high rated horses.

Give your trainer a call. He's on the committee isn't he?

Then give them notice. Ring them, write to them. Get everyone you know to do the same. Inform them of the consequences of their inaction or actions. We know most of them are incompetent make them accountable. Give the Chair of the local programming committe a ring and give him an earful.

Taking "no notice" guarantees no influence now or in the future. Isn't it time for everyone to speak up?

You assume Thames would have got sponsors.

So what races should be called off at what number of participants? 4 is still considered a contest.

There have been many major Thoroughbred Group races run in OZ over the years with less than 6 horses. I don't see it as a big deal. The bigger issue will be if the OZ harness stakes reach the level where NZ's best yearlings and racing horses choose to chase the stakes across the ditch. That's what has happened with NZ Thoroughbreds.

The Bromance begins anew in 2023.

Only ruined by you having a dig.

Is that an admission of yourself?

Was the ATC's plan the wrong plan or just poorly executed?

You seem to actually do agree with me.

If dogs weren't offering a betting product do you really think that Gallops would pick up the revenue let alone cover overheads?

In my opinion both Trainers and Jockeys have had ample opportunity to collectively drive change. Trainers especially however they are driven by self interest, lack vision and balls to act collectively. Hence they get what they deserved. South Island race programming is a case in point.

Does "elected representation" work any better?

I would tend to agree with you however I'm viewing the annual report on my smart phone so difficult to flick between figures. The Net Equity figure says they are $89m in the black however that includes account holder funds and betting in play. Not to mention the valuation of intangible assets. My assessment is nothing has improved and in reality there is very little real equity.

Here it is. TAB-NZ-annual-report-2022.pdf

TAB NZ Trading Performance Update - November 2022 www.tabnz.org TAB New Zealand (TAB NZ) provides the fourth monthly trading update for the 2022/2023 financial year, with the results and highlights for November 2022. TAB NZ operated through its online and retail channels throughout November. Turnover was up on budget in November, following a strong Melbourne Cup, NZ Trotting Cup and the continuing Football World Cup. Gross betting revenue (GBR) was above budget, but gross betting margin (GBM) was below budget. Retail traffic continued to hold strong following the easing of Covid-19 restrictions, and overall field sizes across all three codes were up on the year-to-date average. However, key factors such as continued competitive pressure from unregulated online offshore operators, reduced betting margin and lower average bet size in key customer segments had an effect. Overseas racing and sports drove the increased turnover, leading to increased payments and levies for these products. New Zealand Football will directly benefit from the Football World Cup through commission payments of $500k. There was also increased marketing investment to attract new customers and retain existing customers. The TAB NZ Board signalled to the racing codes in early December that it will reduce distributions by nine percent in the 2022/23 financial year (year ended 31 July 2023). Factoring in other distributions derived through New Zealand racing, overall distributions will be around $160m for this financial year. Wagering Performance Summary In November, the fourth month of the 2022/23 financial year, turnover of $260.9m was 7.3% ($17.7m) above budget. GBR of $40.6m was up on budget by 1.3% ($0.5m) and GBM of 15.6% was 0.9 percentage points below budget. Racing Average NZ thoroughbred starters per race was 10.8, above the YTD average of 10.5, while the top three domestic meetings were the Cup Week meetings at Riccarton with combined turnover of $10.8m. Harness average starters per race was 10.5, above the YTD average of 10.1, while the peak meeting turnover of $7.35m was on 8 November for the IRT NZ Trotting Cup Day at Addington. For greyhound racing, the average starters per race was 7.5, slightly above the YTD average of 7.4, while the peak turnover for a domestic meeting was $1.07m on 10 November for the New Zealand Greyhound Cup meeting at Addington. Sport The top sporting event by turnover for November was the Rugby World Cup final featuring the New Zealand Black Ferns and England Red Roses with turnover of $1.2m. Basketball was the leading in-play sporting code accounting for 35% of in-play turnover while Football was the top pre-match singles sporting code with 37% of turnover. November Operational Performance Reported Profit for the month was $14.0m, which was $1.7m below Budget. Operating Expenses were $11.0m for the month, which was $0.4m above Budget. Year to Date Reported Profit is $47.6m, which was $7.4m below Budget. Year to Date Operating Expenses were $43.1m, which was $2.0m above budget. November Distributions Racing Codes were paid $17.6m in distributions and other payments for November, versus $16.7m budgeted. This consisted of TAB NZ Betting Profit (listed as Fixed Distribution in the table below), offshore bookmaker commission fees, which are based on actual turnover (termed Betting Information Use Charges (BIUC) in the table below), and Betting Duty/Levy repeal. Top 10 Racing events by turnover Date Venue Race No. Race description Turnover 1-Nov Flemington R7 Lexus Melbourne Cup (G1) $11.5M 8-Nov Addington R11 IRT New Zealand Trotting Cup (G1) $1.9M 14-Nov Riccarton Park R8 Martin Collins 159th New Zealand Cup (G3) $907K 9-Nov Riccarton Park R9 18th Coupland's Bakeries Mile (G3) $774K 5-Nov Flemington R6 Darley Champions Sprint (G1) $618K 9-Nov Riccarton Park R7 Valachi Downs Canterbury Breeders Stakes (G3) $618K 5-Nov Riccarton Park R9 Al Basti Equiworld 50th NZ 2000 Guineas (G1) $589K 1-Nov Flemington R8 In Memory of Her Majesty Queen Elizabeth II $573K 8-Nov Addington R10 Avon City Ford Mobile Pace $558K 5-Nov Flemington R8 TAB Champions Stakes (G1) $539K Top 10 Sporting events by turnover Date Comp/Code Event Turnover 12-Nov Rugby Union New Zealand Women v England Women $1.2M 9-Nov Cricket New Zealand v Pakistan (T20) $724K 22-Nov Football Argentina v Saudi Arabia $624K 13-Nov MMA Israel Adesanya v Alex Pereira $596K 1-Nov Cricket England v New Zealand (T20) $521K 13-Nov Cricket Pakistan v England (T20) $514K 20-Nov Rugby League Australia v Samoa $494K 10-Nov Cricket India v England (T20) $493K 26-Nov Football England v USA $484K 25-Nov Cricket New Zealand v India (ODI) $483K

There are two very good harness meetings tomorrow.

Not enough horses?

Horses rescued after truck rolls north of Dunedin Police redirect traffic on SH1 at Evansdale. PHOTO: Gerard O'Brien Seven horses have been rescued from a truck which rolled - injuring two people - on Dunedin's Northern Motorway this evening. Emergency services spent more than two hours working to free the animals after a horse truck rolled on SH1 between near Evansdale at about 6.10pm. By 9pm all seven horses had been rescued and were all able to stand, a police spokesman said. He said some of the horses appeared to have minor injuries but the extent was ‘‘yet to be determined’’. Two people hurt when the truck rolled were taken to hospital by ambulance with moderate injuries, police said in a statement. "Seven horses are on board and a vet has been called out to assist with their recovery," the statement said. Working with the vet, emergency services had freed five of the seven horses by 8pm. All horses removed from the vehicle were harnessed and appeared to be calm. The road, which had been closed at the scene as both lanes were blocked, was due to reopen to traffic shortly after 9pm.

Must be bollocks. If they did then the Government would be knocking on the door for the return of their bail out money. He may be confused with how much money is sitting in the current account at any point in time and hasn't subtracted the current liabilities. De Lore hasn't been too accurate on the financials previously. What I don't get though is the comment the CEO allegedly made to De Lore. That doesn't add up. In the last two years the monthly reports haven't been showing any windfall profits. The opposite actually.

So what if they were engaging in fraudulent or illegal activity? Just don't take the Reefton Mob on as a client.

The cost of storing and analysing large quantities of data has substantially reduced. The analysis is done by using algorithms and AI looking for anomalies and patterns that warrant further investigation. Hell even the TAB stores an enormous amount of data to enable the RIB to look back over individual punters transactions over a long period e.g. a gambling jockey. With the CCFA there is a requirement to send transactions to a central authority. Getting harder Reef to do the quiet fiddle for a client. The irony there though is that the large organised criminals pay big money to hire the best brains to launder their money. Or pay minions to launder cash through pokies and the TAB at less than 30% yield.

FFS the IRD has been receiving your bank transactions into their data systems for the last two decades.