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Bit Of A Yarn

Chief Stipe

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Everything posted by Chief Stipe

  1. RITA(NZRB) holds a Class 4 license. The rules for the distribution from the Pokies under this license are as follows (Stakes are not considered an authorised purpose): Authorised Purposes Class 4 corporate societies that are licensed to operate gaming machines must apply the net proceeds of the gaming operation to authorised purposes.Authorised purposes are: charitable purposes non-commercial purposes that have community benefits promoting, controlling and conducting race meetings.
  2. WAIKATO-BAY OF PLENTY HARNESS INC Cambridge. BIZNET-DOCAMENCON-59337240.PDF
  3. AUCKLAND TROTTING CLUB INC BIZNET-DOCAMENCON-56549788.PDF
  4. NEW ZEALAND METROPOLITAN TROTTING CLUB INC BIZNET-DOCAMENCON-55898493.PDF
  5. Financials for the big 3. Note these annual reports have colour pictures unlike the smaller clubs.
  6. OAMARU HARNESS RACING CLUB INC Nearly $1m in the bank. BIZNET-DOCAMENCON-59390888.PDF
  7. WYNDHAM HARNESS RACING CLUB INC A very strong club with cash in the bank. Subsidised racing from farming activities. BIZNET-DOCAMENCON-61733036.PDF
  8. What I've found so far is that these clubs are all solvent and have low cost models of operation. They all have a decent amount of cash in the bank. You'd think if those at the coal face Owners, Trainers, Drivers didn't support these clubs then they'd be broke. ?
  9. GORE HARNESS RACING CLUB INC BIZNET-DOCAMENCON-61347535.PDF
  10. MARLBOROUGH HARNESS RACING CLUB INC BIZNET-DOCAMENCON-56902887.PDF
  11. Waimate Trotting Club Inc. BIZNET-DOCAMENCON-53086132.PDF
  12. I don't understand this rationale and it is being used by the Gallops administrators as well. If a Club and its team can keep their course going and Owners, Trainers and Drivers are willing to travel AND it doesn't cost HRNZ anything then argument is spurious at best.
  13. Manawatu Harness Racing Club Inc. BC10064954586.PDF
  14. Timaru Harness Racing Club Inc. BIZNET-DOCAMENCON-56085182.PDF
  15. Forbury Park Trotting Club Inc. BIZNET-DOCAMENCON-56122508.PDF
  16. Hi I've started collating the last published financial accounts for each of the Trotting/Harness Racing Clubs. First ones to be posted are for those that have lost race dates. I'll add more as I get time. Plus maybe some analysis. Cheers
  17. I thought they had deals with pubs. Just like harness which owns a company that owns pubs with pokies. Also most of their Pokie revenue went to pay for the RIU operation. There are restrictions on what you can use the Pokie derived revenue for.
  18. For those of you who didn't get the humour. I noticed a large number of road cones suddenly appear around the neighbourhood the last two days. I assume they too came to a place near you.
  19. Hardly running out of ammo. More being produced by the same old same old crew. But if we had the half yearly report as has been the case for over 20 years we could have informed debate. Especially in this new era of transparency.
  20. In any case as I've posted before just because Bridges may have supported it doesn't mean I did.
  21. We'd know if there was a half-yearly report. I bet you McKenzie isn't doing the job for nothing.
  22. Then why didn't they start 11 months ago?
  23. Yep the very people that could have helped them trade out of this mess they have cut off.
  24. So? 5,000 people have died in New Zealand in 7 weeks. What's your point?
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