I think to glean insights into that, one has to have a understanding a Social Class in NZ, especially since the rise of the TAB. While/when the WC were doing well in the 50/60, racing could just 'click the ticket' and divide the pie up! With the economy slowing down into the '70's, leading to the mid 80's and the introduction of the 'neo-liberal' period. If you were to look at decline in the disposable income of say the bottom 50% in the last named period then you will find the % of DI has shrunk rather seriously for those deciles. Of course there have been the reality of other gaming products coming into the market as well. Those smaller clubs of course done well while the WC were doing well, as the WC disposable income has declined, so have the smaller clubs.
This has brought into play 'racing politics' which has of course played in the hands of the bigger clubs.
Reality suggest that these Clubs will not be giving up their power base! All that will be coming from them is more and more Propaganda.
I come from a family that hasn't been afraid to have a gamble, but drummed into us was that 'betting on racing is a mugs game'. That was brought home brutally to me via Ken Lush, (Photopress) On my first day of working for him, (Boxing Day '83) after the last race he took me inside the Main Tote and made me stand there while the counted up the $$ and put them in rather large boxes. WOW! I think that might have been on a 'take out rate of 18% It would be interesting to know what the rate taken out now.
Talking family again, over the say last ten years I have ask 100's of young rallies and their friend what do they think about a day at the races, just about to a person they say 'good for a piss up' but the racing side of things is 'ring fenced off from them', much like the 'members stands' etc.. Where to them all the see from their side of the fence is bourgeois elitism. I'm sure with $50 entrance fees to the likes of the Wgtn Cup they will not be flocking back any time soon!
Here is current gambling pie, I would like to have a social class break down of which decile brackets the losses come from?