JJ Flash

So when do i get the PM function back again?? Thanks in advance. Yes i do think that RITA did a great job in very trying circumstances especially at board level. Then again ,im a positive person 😋

He has probably seen below and is now trying to work out what to do "The Auckland Racing Club (ARC) has today announced that it will be increasing stakes above minimum levels for this season by contributing close to $1,000,000 of its own monies “First and foremost, we are a racing club and everything we do is with an eye on maximising our returns to stakeholders. “While we have topped-up stakes to around this level for the past three seasons; I am thrilled that we have been able to achieve this again for the 2020/21 season - particularly after the difficulties the last few months have posed for us all." Now thats how the pros operate. Take some notes Mr Holden Greg

You cant even give a simple answer to my question , i have no idea why i am being moderated. Please tell us all or is that too hard for you. You seem to have an obsession about McKenzie for some reason , i cant answer your question about how he is , how would i know . Send him a mail and ask yourself is my solution. Moderated for unknown reasons Greg

Nor you to my request for why you moderated me from Tuesday last and took away my PM function. Talk about Hypocrisy Moderated Greg

Can you not read? I never questioned anyone's right to anonymity, i stated the opposite in fact , see below. Anonymity rules , if people want to post under their real names they can just as others can remain anonymous. thats what i wanted to convey to MH and did so as below BTW, thanks for letting me post today , any chance you can restore my PM function or am i banned from using that also Moderated Greg😪

Not at all , you dont see me outing any posters on here or anywhere else. Yet your perfectly ok with Hunter the nutter doing it on a regular basis. PS Are you going to tell me why im being moderated or are you keeping me in suspense. Moderated Greg

The cone of silence is the deal here Michael.Anonymity rules Greg

In that case your in the wrong game. TB pools far larger even for place punters like yourself. You will never get what you want from NZTAB or any other bookie for that matter , braking their bank is not going to happen so you better get used to it. Imagine 30 Brodies taking out 200k each year and then they all protest about no stakes money😄 Greg

Of course i use facts unlike yourself , that's why you want to disagree with me and ask others to help you out. Rather than saying they are crap , tell me where my percentages are wrong and what yours are. The figures i quoted are 100%, why because if you know what your looking for you can find the answers without guessing. Pretty simple formula based on past distributions although things might change come 1 August and new body NZ Racing take over code distributions. I'm picking the TB's will have a smart ,wagering expert as their rep but its anyone's guess as to what sort of rep Harness NZ will front with given the quality of management they operate with. Greg

No ,im just talking common sense and facts, you should try it sometime😁 You are talking rubbish re TB's taking Harness betting pie. The numbers or market share are there in black and white for all authorities to see just as clubs get for their turnovers. TB"s have always had a larger share of payouts simply because they do more T/O.Their gross margins are better as well. As for your last point ,TB's got 20mio not 30 mio for AW tracks courtesy of the Regional Development Fund AKA NZF slush fund. Finally, you just ask yourself the question " who are NZF's big donors. If you answer harness associated entities , your WRONG again Greg

Thats a very true statement globally and is why i commented on its Amateur leadership as opposed to TB's. You can get set for amounts like lots others do but just wont adapt and use your nous like others do .5 bets of 100 equals 500 on no matter where you are . Its worked fro me a few other reasonable punters for years. PS Dont use phone account if your that concerned about secrecy Greg

After all the money they have spent buying horses both privately and at the yearling sales over the last 3-4 years they need to be racing all year round to keep their owners satisfied and give then some return Brodie. All stables are the same but as with most things in life some are much better than others. Meanwhile as Rome burns amateurs keep getting elected to run the show. Betting is heading only one way in NZ just as it is internationally in Harness. Saw some numbers recently, in Oz harness generate only 10% of turnover where in NZ its about 26%.Chuck in all the bad publicity in the last few years and its hard to see where new blood comes from. Opposite of Gallops, you only have to look at BGP Greg

Go the Dunns- 3 in each sounds like a fair fight to me especially given the draws Roberts recieved Greg

Best you dont watch the standing starts down south, they are three times as bad at times. Greg

My point is simply a M Anderson was in court on assault charges.I believe the case is ongoing so cannot say if he is guilty or not guilty. As for Shit stirring , that's your domain and your a gold medal performer IMHO Greg

Unfortunately one M Anderson appeared in court this week on assault charge,

Both support NM so their is a pattern emerging🤔

Nope, just to keep the moaners on here happy. Chiefs been after the report for 3 months . Now he has it im sure he will not say anything good which is not unusual, your the same and Curious will find both good and bad as per. I may be wrong but the senior review process is currently underway and my guess is that of the current 7 positions 3 will go. Are you ok with that or do you want them to plow in, disregard NZ employment law and end up shelling out thousands in PGs rather than such funds going into stakes. Greg

No kidding Einstein, shall we get John and Glenda back to sort it ?

3 July 2020 The Racing Industry Transition Agency (RITA) approved the organisation's Half-Year Financial Statements 2020 at its most recent Board meeting. The net profit result of $75.5 million was $0.8 million below budget and distributions to the racing codes were $82.3 million. Like most businesses across the globe, RITA has experienced the disruption and uncertainty of COVID-19 during this Financial Year. In March this year, we indicated we would not meet our previously forecast net profit target of $165.8 million. This reflected the mass-postponement and cancellation of the majority of domestic and international sporting fixtures and racing events which underpin our product offering. However, the effects of Covid have been confined to the second half of the year. Management accounts for the first six months to January 31 showed an improvement against the same period last year, but were marginally down against Budget due to reduced turnover based on reductions in high value retail activity, an accounting error in the treatment of Bonus Bets and a delay in delay to implementation of new products. The subsequent impact of Covid during the current half of the year will be already apparent to most. In particular, the announcement of the Government’s $72.5 million support package for the racing industry outlined the serious underlying structural issues within the industry, and the TAB business. Detailed analysis on performance in the second half of the year will be made available in our Annual Report due after the conclusion of the racing season. Like a lot of businesses, the timing of COVID-19 impacted a number of our business as usual activities, including finalising the voluntary reporting of our half year accounts. Dean McKenzie Executive Chair Detailed Highlights Management Statements (Six Months to January 2020) Betting and Gaming Turnover Total Turnover (Betting & Gaming) of $1,500.0 million was $90.0 million (6.4%) above last year and $47.9 million (-3.1%) below budget. An increase in betting turnover vs last year (7.3%) was largely driven by Promotions which were solely offered on Fixed Odds. This resulted in churn to lower margin products. Gaming turnover continued to grow at +2.2% to $263.3 million ($0.5 million or 0.2% above budget) driven by successful TAB refurbishments and EGM conversions. Revenue Total Revenue of $187.1 million was $3.6 million (2.0%) above last year and $1.2 million (-8.0%) below budget. Performance against budget was largely driven by lower betting turnover from Elite and VIP customers combined with unfavourable results experienced in Racing and Sport fixed odds during the half year. Growth in Gaming revenue of $0.4 million (+1.8%) was partly offset by a decrease in New Zealand racing shown overseas (-$0.9 million or -7.4%) compared to the same period last year. Net betting margins were healthy at 11.9% but 0.4ppts below budget and last year due to product mix and unfavourable results. Other revenue increased by $0.4 million (+3.0%) on last year; key movements in this category included growth in merchant fee revenue of $0.5 million (+20.8%) and racing services income of $0.6 million (+8.0%) offset by a reduction in various other revenue items of $0.6 million (-22.2%). Expenses Turnover related expenses increased by $4.0 million (+11.3%) on last year, saving $0.5 million (1.3%) against budget. Performance includes higher National Sports Organisations payments of $2.1 million (+47.7%) as a result of higher Sports betting turnover and $1.9 million revenue share fees and performance margin due to higher gross betting revenue year on year. Operating expenses remained flat year on year (saving $0.6 million or 0.9% against budget) which include increases in technology costs due to managed services (up $1.4 million); interest costs due to comparatively higher balances of external borrowing (up $0.6 million); and merchant fees (up $0.8 million) resulting from increased credit card transactions by customers; these are offset by savings realised in staff costs of $3.0 million which reflects RITA's continued disciplined cost management. Distributions Total betting distributions to the racing Codes was $82.3 million, up $1.2 million (+1.5%) from last year which is consistent with Budget. Total gaming distributions of $9.2 million, up $0.5 million (+5.7%) on last year, includes $7.8 million funding to the racing industry and $1.4 million grants to Sporting Community Organisations.

Last seen sulking north of Christchurch? Would have thought he would have been on Cloud Nine Greg

Not to you any more because ive already answered you . Milo summed you up well earlier. Greg

You do post some bizarre interpretations of things at times so ill just take it that this is another example. NM has been found guilty and will now do his time on the sidelines. The only good thing out of it all is that it will serve as a reminder to all trainers that if you get caught you know what fate awaits you. Greg

Im pretty sure not all would agree to first sentence but thanks anyway. As for his next career move could GB introduce him to the glamour world of car sales.After all i'm guessing NM helped him out a few times Greg

As with all cases you are innocent until proven guilty in my book. I do feel sorry for his wife and young kids, must be bloody tough on them. Greg