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Bit Of A Yarn

hesi

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Everything posted by hesi

  1. I see your 'mate' Birdcage Bill having a bit of trouble grasping that. I see also the infamous in his own lunchtime, Michael Hawke, has moved on to giving CW a bit of stick for some of the garbage he posts on his FB site. He is deluded to think that many of those famous quotes from very deep-thinking people, actually refer to him and his codswallop............... baaaaaaaaaaaaaaa
  2. Well above my pay grade here, but in answer to your question, if the 5 year quarantee became impossible and Entain reneged, the NZ Government would sue for damages??
  3. What the public documents show about “breakability” The documents confirm a legally negotiated, underwritten minimum guarantee for the first five years (the MG). That means the parties intend those payments to be contractual, enforceable commitments. Regulation.govt.nz+1. None of the public summaries publish the full contract (the detailed Schedule of termination rights, force-majeure language, material adverse change definitions, breach/repudiation clauses, or step-in/variation rights are not public). That means you need the agreement (or specific contract clauses) to know exactly how breakable it is. Regulation.govt.nz+1. The public materials do flag two obvious legal levers that could enable renegotiation or termination: Legislative or regulatory change — because parts of the commercial model rely on law changes (the “legislative net”), a subsequent statutory change could make performance different or impossible and may trigger renegotiation or termination mechanics in the contract. NZTR. Force majeure / impossibility / material breach — standard commercial contracts include force majeure and breach/termination clauses; these can allow variation or termination in extreme cases, but how broad or narrow those clauses are is contract-specific. (I couldn’t find the contract wording publicly.
  4. You would only pass through Dargaville on the way to the Hokianga. Bayly's Beach, huge toheroas as well, but then they closed the season indefinitely
  5. Not off hand, but that is Entain's responsibility, they still have almost 3 years of the 5 years guaranteed to run. You are not privy to their data yet you are making assumptions.
  6. I can't figure out why people who have a wealth of knowledge in the thoroughbred industry would talk about pulling out. From the figures posted, there is no net profit data, but all the other data is up except for field size in thoroughbred. Stake money is up substantially in the last 2 years. Foal crop is down All it points to is more opportunity for those that are already set up within the industry. More money to go around less numbers competing for it
  7. While what you say is absolutely correct, the lines are blurred in racing. Racing depends almost totally on the money from gambling to fund the industry. Sports such as rugby and cricket etc etc derive most of their income from broadcast rights, sponsorship and spectator attendance income, only a small fraction comes from gambling. NZTR have never really marketed racing in NZ, small stuff like Xmas at the Races, Love Racing website, but this to those already in the industry. It does not have a marketing budget of any note, clubs are basically left to market their own meetings, mainly on limited budgets. TAB has been the only marketing of any note or size, and that has gone to a new level with Entain, but they are promoting wagering and therefore indirectly racing
  8. Kantar would have done the selection of people to survey, professionally. Their own reputation and the quality of the result is on the line if they didn't
  9. He writes well, but how many fillies will contest the NZ Oaks then go onto the Derby 2 weeks later. The traditional route to the Derby, for fillies as well, has always been the Avondale Guines on the same day as the Oaks
  10. Apologies if this is old news Unclear as to whether this is a Sept 28 or Feb 1 article
  11. Race for new track opens doors for major city development Jo Lines-MacKenzie February 1, 2025 The for sale sign could be going up on Te Rapa racecourse in the near future (file photo).Ben Curran / Waikato Times The Te Rapa Race Course is set to hit the market, with the massive slice of real estate offering a developer’s dream that could reshape the city. Waikato Thoroughbred Racing are looking towards finding and eventually moving to a single, fit-for-purpose site for racing and training in the Waikato.https://bitofayarn.com The massive shift means an eventual amalgamation of the region’s three major racing facilities with Te Rapa, Cambridge and Waipā racecourses hitting the market in the future. Te Rapa racecourse occupies about 50 hectares in Hamilton. There has already been enquiries from people interested in the facility when it comes up for sale.Mark Taylor / Waikato Times Waikato Thoroughbred Racing CEO Andrew Castles said a one stop site is something that's been talked about for a long time and there's been enormous support to continue down this path after board approval late last year. Bayleys Real Estate agent Peter Kelly has been tasked with finding land which could potentially host the super hub for the industry. The land needs to be capable of handling the training of up to 1250 thoroughbreds daily, operating 365 days a year, and hosting up to 50 race or trial meetings annually.https://bitofayarn.com He’s hoping to locate 10 or more properties to consider and is inviting expressions of interest from landowners by February 19. Kelly said after due diligence the list would be narrowed down to three or four. Castles said there’s already been significant interest from various parties who potentially might have the space. But the big move, although some way off, begs the question of what happens to Te Rapa race course. It’s been situated at 1 Ken Browne Drive since 1924 and although once boasting 160 hectares, now it sits on around 50 hectares of prime central city land. Andrew Castles said there is been talk about an amalgamation of the clubs for a while.Christel Yardley / Waikato Times Castles knows Te Rapa is a strategically important piece of land for Hamilton and the greater Waikato. “There's been interest, we certainly have spoken to various parties that have expressed an interest to be kept up to speed with how things are progressing.” The other facilities - Cambridge Racecourse is around 61 hectares, and Waipā 34 hectares - would also potentially be up for sale at some time too. Hamilton Mayor Paula Southgate applauded the vision of the racing industry but didn’t see council buying any of Te Rapa racecourse but if they were approached it would be up to the entire council to decide. “I wouldn't think we would be in a position to buy that land at this time. My personal view is that I wouldn't be looking at that. I would be expecting private developers to grab that opportunity and do good things with it.” She said there is still a strong need for more housing, and council would focus on infill for the city. Waikato CEO Andrew Castles said they’re dealing with ageing facilities (file photo).Tom Lee / Waikato Times https://bitofayarn.com “We would welcome working with any future development that was able to build more inner city living. “Parts of it are sort of a commercial area at the back there towards towards the railway, so we'd be very interested to see what opportunities developers could bring to the table for that.” Southgate said the council will endeavour to be as helpful as possible with any investors and developers. The mayor acknowledged that Te Rapa race course will hold fond memories for a number of different reason’s not just horse racing. “I can remember one of my friends way back when I was still at school at Hamilton Girls' High, one of my friends getting married there because they had the really beautiful lounges overlooking the racecourse. There were school balls there all sorts. It will be a big change for Hamiltonians.” Hamilton mayor Paula Southgate doesn’t think the council would be purchasing Te Rapa racecourse but was excited by development at the site (file photo).Kelly Hodel / WAIKATO TIMES Castles said there were a raft of reasons racing club collaboration needs to happen at a new space. “We're operating at ageing facilities. The Cambridge training centre is starting to be surrounded by significant residential growth, which means it becomes more problematic to conduct business as they have in the past.” “The need for state of the art training, racing and patron facilities, it’s something that we need to address for generations to come.“ Castles said that to pay for new things, it often means selling old things. But he knows there has to be a well thought out plan while until the new greenfield is operational. The Cambridge race track has seen an increase in residential properties move closer to its boundaries (file photo).Christel Yardley / Waikato Times “We've got upwards of 1200 horses and work at the Cambridge track and over 150 at Waipa that still need to have somewhere to work and prepare for their careers whilst we are building this. “So it becomes a timing issue and that's the trick in projects like this is how you bridge that gap between starting the build and ending it whilst continuing to utilise the assets that you've got.” Asked if there would be help from the Government, Castles agreed it could be an avenue they may look at to “speed up consent”. Castles expects to update club members with a business case with recommendations later this year. But it is a project that will take some time. Te Rapa race course has been entertaining racing fans since 1924 (file photo).Jeff Brass / Waikato Times “If you look at the history of things like this, I would suggest it's probably an eight to 10-year project, of which we're probably a year into it.” Waikato Racing said the racing industry in the region is responsible for generating more than $505.3 million in value added contribution to the country’s Gross Domestic Product. The industry sustained 3812 full-time equivalent jobs in the region. Race meetings in the Waikato region attracted attendances of 65,930 or 10.3% of total attendances at race meetings in New Zealand.
  12. The 2 are different The shop owner pays for a shop or chain of shops to be set up, including outfitting, stock, systems, marketing, facilities, cleaning security. They are paying for a set up as part of an industry, the retail industry. They then must have customers to buy that stock or they go bust
  13. Owners are part of the industry, as are racing clubs, trainers, jockeys etc etc When/if they punt they effectively become customers of the industry. No different from someone buying from a shop they own.
  14. They still fund the industry
  15. Good post, but the customer of the racing industry is the punter, their losses fund the industry. So back to Marketing 101, always find out what your customer wants and you will be successful
  16. From Racenet Alabama Lass was found to be displaying a poor recovery rate post-race.
  17. Alabama Lass beaten on the turn, which was poor, considering her draw, easy uncontested lead and MV suited her style of running. Might as well bring her home for a shot at the Telegraph/Railway, she still does not have a G1 win. La Dorada outclassed against an average G3 field after a huge drop in class. Unless there is some good reason, I doubt they would press on for a start in the Thousand Guineas
  18. Did she make available the MPI inspection report
  19. Very good entertainment, glad you are amused
  20. They don't fuck around either, if you don't keep up, you are out I flatted with vets when I went to Massey Uni. They were animals lol
  21. I would have thought the authorities in Britain who administer CPD would not accredit it, unless the person teaching it had formal qualifications
  22. I see some dude called Michael Hawke really giving it to the arch conspiracist Colin Wightman on the FB group
  23. Marlborough is full of that insipid lolly water Sauvignon Blanc that is the darling wine of the nouveau riche here in Auckland. The Chief's mates hahaha
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