Jump to content
Bit Of A Yarn

Chief Stipe

Administrators
  • Posts

    484,398
  • Joined

  • Last visited

  • Days Won

    659

Everything posted by Chief Stipe

  1. There seems to be some truth in BETr talking to ENTAIN but the question is where will the money come from when BETr is worth $100m and made a loss of $14m in the last year.
  2. Ditto. You go first. Actually not ditto as I've posted my opinion on your copied post.
  3. Where's he going to find the $2b from? He gets closing punters down and reneging on bets!!
  4. This is fake news by the likes of it but I wouldn't expect anything else from you @Newmarket. The facts are that then AUS and NZ ENTAIN assets are worth over NZD$2 billion. The "annual loss" that you quote represents an impairment charge that has devalued the assets of the AUS and NZ business. In fact revenue and profit was still up in AU and NZ but didn't match expectations and were affected by the increases in Point Of Consumption charges and other factors that notably affected ALL agencies in Australia. A further charge was put against the accounts for the AUSTRAC case. In comparison BETr had a $14m dollar loss and has an net tangible asset value of $105m. Which is roughtly 5% of the ENTAIN AU and NZ operations. Please read the respective reports attached and come back with an informed opinion. Perhaps it could be a reverse takeover by ENTAIN of BETr!! BETR Entertainment Limited - Appendix 4E and FY25 Annual Report (BBT-AU).pdf Entain_Annual_Report_2024.pdf
  5. Betr’s high-profile takeover battle for PointsBet may not be its only corporate play, with reports linking the wagering group to potential interest in Entain’s Australian operations. According to the Australian Financial Review, betr chairman Matt Tripp and chief executive Andrew Menz recently held a series of meetings in London with senior Entain executives. The discussions are understood to have canvassed the future of Entain’s local business, which includes the well-established Ladbrokes and Neds brands. While the talks were described as informal and no agreements have been reached, the move underscores betr’s ambition to expand its footprint in the Australian betting landscape, even as its pursuit of PointsBet remains ongoing. Neither Betr nor Entain has confirmed formal talks, but reports in the Australian Financial Review suggest discussions are being taken seriously. Betr has established itself as a challenger brand through technology-driven offerings and marketing aimed at younger punters. Betr founder Matt Tripp, widely credited with reshaping Australia’s betting landscape through earlier ventures including Sportsbet and BetEasy, has sought to replicate his past success with Betr by blending innovation with aggressive growth strategies. Under his leadership, the company has become one of the most closely watched operators in the sector. Entain, listed in London and valued at roughly £5.7bn, is one of the world’s largest wagering companies. Best known for its ownership of Ladbrokes and Neds in Australia, the group has built a substantial presence across the region. Its collaboration with TAB NZ in New Zealand underscores its ambition to maintain a dominant position in both markets. For Betr, the potential acquisition offers a chance to accelerate expansion by inheriting an established customer base and operational infrastructure. Acquisition would give Betr more clout The addition of Ladbrokes’ strong brand recognition would instantly elevate Betr’s profile, providing a significant boost to its market share. Such a move would represent a pragmatic step for a company that has ambitions to compete with the largest operators on scale rather than niche alone. Reports indicate that Tripp, together with Betr CEO Andrew Menz, has held meetings with Entain executives in London to explore a carve-out of the Australian and New Zealand arms of the business. Whilst the details remain uncertain, such engagement suggests that preliminary talks are underway. The onus now lies on both sides to determine whether financial and regulatory conditions can be met to progress a deal. The prospect of Betr acquiring Entain’s Australian division highlights a broader consolidation trend within the country’s wagering industry. This is especially true in terms of Australia’s gaming assets, with other M&A activity surrounding the country’s PointsBet and Ainsworth Game Technology still being debated.
  6. Not at a racecourse obviously.
  7. Great field. It's all looking up.
  8. Whatever. You're the one that googled. To prove what? Cast doubt? Create another conspirac Post the evidence that whatever you are talking about happens. This thread is closed. The rest of us are enjoying racings bew renaissance.
  9. Shame you don't apply it in some of your analysis.
  10. IT ISNT VALID SO THEREFORE THERE ISNT ANY MESSAGE!!!
  11. Not from healthy animals but from "fridge gassed" ones? There are many other explanations for what she describes.
  12. Because the message is bullshit and not worth giving oxygen to. You really surprise me considering your research background although not in a proper science.
  13. Really resorting to AI now? Why don't you just take up a SAFE subscription? So where does Nairn get her comparative autopsy pictures to confirm her conclusions? From your AI extract: Scientific Evidence and Limitations Studies have shown modest increases in EPO and plasma volume after xenon inhalation, but no consistent improvement in athletic performance
  14. I do because they are opinions without a skerrit of truth. Just like I detest industry participants who partake in unfounded runourmongering. They do more damage than the small percentage of cheats.
  15. We've argued this one before @the galah and your point of view is absolute crap. Those in the USA were done for relabelling common drugs that have legitimate uses in the industry. Things like Clenbuterol. You and others really piss me off with this type of posting. I see @Freda supports your post and I thought she had more intelligence than that. I've also told you that there is no such thing as an undectable drug. Whats more the so called "undetectables" and the other fraudulently labelled drugs were in the hand of the US Feds long before charges were laid i.e. they knew exactly what they were and their chemical fingerprint. But let's et Becks Nairn and her followers muddy the facts.
  16. It never found anything because there was nothing to find. Occam's Razor.
  17. You're as bad as Nairn @the galah Can you post the evidence supporting your assertion that Arcano was given "fridge gas". Thanks un advance. I'd live to see the research that Xenon or Argon administered to a horse improves oxygen uptake.
  18. You shouldn't buy felt pens for your grandchildren.
  19. That's what I meant. Are you not refreshing your browser again.
  20. So which one are you looking to get a bet on? The markets are up.
  21. Perhaps not deliberately. But some, mostly old disenfranchised men, are so bitter and cynical that they do nothing but continually attack the industry. Especially those that are successful. In my opinion that is Anti-Racing. Over the last 3 years I've experienced it more and more and at times it has been embarrasing having introduced a close friend to her first foray into horse ownership. From the old timers at the local wanting copies of the invoices so they can suck lemons and bang on about how expensive the top trainers are. Or the "hangers on" that suddenly appeared to live vicariously live off the thrill of a distant relative while all they could do was bitch about how bad the trainer was and that they would never have a horse with them again blah blah. Then have the gall to tag on to the post race Grp win celebration and smile and congratulate the trainer. The same person had the gall to tell me I was just a newbie to racing and didn't know anything. You can imagine my response! Or the Anti-racing types on social media that promote conspiracies without any evidence especially to negate the consistent sucesss. Harness is especially bad at it. When someone is winning - "oh they must be cheating and using PED's". Well they haven't been caught. "Must be something that is undectable". All BS and that's Anti-racing. So if you want to talk about "dirty little secrets" or make inferences about someone cheating you'd better have your evidence ready. Becks Nairn doesn't provide any balance in her presentations nor solid evidence hence she can be labelled yet another unprincipled nutter conspiracist. For example do you hear her saying that "fridge gas" (whatever that is) has no reported performance enhancing nor therapeutic properties? NO. Of course not - no air time in that.
  22. That's fine. NZTR may have no problem with horses being euthanised but they are happy to pass the buck. Hopefully they don't create stupid KPI's and report on the ones that get turned back!
  23. @Freda the Anti-racing types don't want ANY horses slaughtered for food.
  24. It isn't the biggest problem yet the industry is setting itself for it to be the biggest problem for racing. The fact is you can't rehome them all. If you start tracking them ALL from the cradle to the grave and then reporting on those stupid "KPI's" then you open yourself up to the Anti-racing nutters focussing on them. Just like Greyhounds we'll end up getting hoisted by our own petard! The more you monitor, the more you rehome the greater the likelihood of finding non-compliance and then the monitoring costs increase and the greater the unaffordability of racing. It is a massive shotgun to the feet to start reporting on where these horses go. One horse going to the abbatoir to end up feeding the woke's obeses handbag dogs is one too many for the damn hypocrites. Most of them own that naturally unsurvivable breed the French Bulldog! But what does she mean when she says she wants "better enforcement of the use of performance enhancers"? She like a number of you buy into this myth that the use of illegal PED's is rampant. IT ISN'T!!!! My biggest criticism of the RIB, NZTR and HRNZ is that they don't do enough to promote the fact that there ISN'T widespread use of illegal PED's. Plus standardise their rules and be more pragmatic about environmental contamination. They also don't do enough to educate their licensees or research the use of approved human therapeutics on horses. Now that would be a use for those uses that are being "rehome"! For example is the injection of the new novel anti-arthritic drugs into the knees and fetlocks to prevent wear and tear and reverse damage "performance enhancing"? NO it isn't. But you can imagine what the likes of Becks Nairn will say. I wish those drugs were around 40 years ago as I know a few horses that would have stayed at the elite level longer.
×
×
  • Create New...