curious

Well, if you go back to the Messara report, he proposed that the sale of all 3 Waikato tracks would cover the cost of the land acquisition and a Pakenham style development of that.

Is that the plan? Or is the plan for the current assets to essentially cover the cost of the land acquisition and new build?

It is the future where there is a sound business case for it.

Can't you have both?

Yes. That's an improvement. Unfortunately, flank use is only still covered by the improper and inappropriate manner provisions but as far as I know has never been enforced.

Up until Entain arrived there was little promotion of gambling to young gamblers. Now it is massive by comparison in case you hadn't noticed.

Agree about GRNZ but his argument that racing is a dangerous sport where horses and humans get injured and die, while correct, has nothing to do with beating horses for entertainment. It is moot. Didn't really seem to have much else to offer.

Really. How can they keep preaching transparency, consultation and collaboration and doing the opposite?

No idea. Like a lot of these things it's a secret. Not sure, but I think I've worked out what this is saying. As it stands, Entain have a revenue shortfall of $26m in covering the current $150m guaranteed payment to TABNZ, GRNZ are saying that 44m of that revenue comes from betting on greyhounds and that will go half to Entain and half to the codes at the end of the guarantee period courtesy of the government banning greyhounds (assuming that money is still bet either on overseas dogs or elsewhere). There is a further $75m (estimated recovery from the monopoly legislation) which the government has "gifted" to Entain and the codes. $44m + $75m = $119m, the amount highlighted in the headline to the above article. As it stands though, that means that if the guarantee ended today, the payment to TABNZ would be less than half what it is now + half any gains from the monopoly legislation.

I did find this but I'm still not clear. https://business.scoop.co.nz/2025/06/23/new-analysis-details-government-annual-gift-of-119m-to-multinational-gambling-company/

I'm not 100% clear myself. I'd like to see that report. Does anyone have it?

That bloke sure is a good example of the "micronority" and from the right demographic that is most likely to believe that violent bashing of horses for human entertainment is ok. He probably believes that smacking kids is ok too. Might have been smacked himself as a kid which could explain his attitude.

The link is still there. So, did someone other than you edit your post?

Cripes. This is a bit of a worry. Might be worse than I thought. Greyhound Racing New Zealand has commissioned an independent financial analysis of the decision to ban their code and how it would impact Entain’s operations, but also took a wider look at the company’s situation. It estimates a total investment by Entain in New Zealand of $350-$400m over the first five years, up to $400-450m if the legislative net was implemented. This means Entain needs to accumulate about $400m in net income to break even on its investment in the monopoly, but the report estimates its earnings before taxes and other expenses are “approximately zero” – even before the minimum guarantee top-up is considered. https://bitofayarn.com

Who owns it?

The aerial in the news release is probably more useful.

Oh right. Get it now.

Maybe not, but they certainly haven't spelt out the financial reality of what they are proposing leading to any different than the former result.

You don't want to do that with a solid stayer with no turn of foot do you? You'll just get out sprinted. With those horses, and S'NS may be one, you have to make them stay and hope you can out stay them.

Yes, that's a good example of what I mentioned above. They already dictated that without significant consultation or consensus building.

Possibly that ride and his feedback is part of what has them leaning to the idea that he is probably a 2400+ horse these days?

Wouldn't that be just repeating the same mistake they made previously? The leadership completely failed to build consensus in support of the plan. If they take the same top down dictatorial approach again, they will end up in the same shit hole, though even if they don't, I fail to see how they can dig out of the one they are in. A six month delay in getting the project under way is not a good start imo.

What are you talking about? Isn't Levin one of the clubs that complied with the consolidation plan and chose to race at another track? And that was long before Messara.

Don't really know but generally, more competitive races attract more betting.

$2.20. Get on!