curious

Why would you spend money on irrigation or anything else for Woodville if it's to be closed down?

I don't really know what you mean which is why I asked.

How do you guys define an average punter then? Is that based on spend?

Why is sports betting growing and not racing then?

Why is that an advantage?

Yes that camera is well to the right of the finish line so favours the inside horse. If it was clear cut, it wouldn't have taken the judge 10 minutes to reach a decision to the satisfaction of the stewards. Only 4th was clear cut.

The camera is a joke. What both the inside and outside cameras weren't working. As for the new timing system, I'm beginning to think that's a myth. No sign of it today, nor yesterday at Riccarton which still doesn't even have last 600 times available.

They didn't really underwrite NZ racing in my view. They bought a business which could benefit NZ racing but if they don't want to come on board, Entain will make the best of the business they have which they are doing now by growing the sports revenue.

They don't have the major say in that do they? In fact they seem to have had little influence on what the codes do.

Yes there was. Provided you funded the clubs first and stakes second. Certainly not enough now since they have been trying to it the other way around.

If a meeting has net revenue of say 100k and you spend 150k on stakes, 30k on meeting costs and zero on infrastructure, it doesn't matter if you have 20 tracks or 50. The long term result will be the same.

It does raise the question (again) though. If that was the POCC takings based on 10% of racing and sports overseas spend, indicating maybe a $40m total spend, how on earth did they arrive at $200m when promoting the monopoly legislation.

Yes. The 13m was the estimate for the 4 year life of the POCCs.

Oops. That's a typo. Good catch. I have ~$4m.

The quantum was what the industry or meeting earned and that had to be divided between stakes, operating costs, and infrastructure. If you don't do that and live within your means, you don't have a sustainable business.