curious

I'm not convinced there is the stated potential but there is no doubt about the counterfactual.

Yes. The other $15m either comes from the $150m Entain upfront payment or reserves.

Indications from NZTR are that the legislation, if any, won't be before early next year. The Entain deal is already done and not contingent, however, there is apparently an additional $100m payment from Entain to NZTAB if it goes through.

The agreement to relinquish the class 4 licences is only IF the legislation to prevent NZ punters gambling elsewhere is passed. And racing purposes, specifically including stakes payments, is an authorised purpose for Class 4 gambling proceeds.

No. The TAB is going to fund the RIB out of their revenue. The pokie funding which was funding the RIB will be available to racing and sports via the contestable fund.

TAB New Zealand has today announced its direct funding to the domestic racing industry will reach a record-setting $215 million for the upcoming 2023/24 racing season. TAB NZ’s direct funding of racing is made up of a distribution payment to Racing New Zealand, the application of class 4 gaming proceeds to the Racing Authorised Purpose, and funding of the independent Racing Integrity Board. Today’s announcement sees a further $30 million made available to the three racing codes in addition to the increases determined at the time the Minister for Racing, Hon Kieran McAnulty, approved TAB NZ’s strategic partnering arrangement with Entain. Nick Roberts, Chief Executive Officer of TAB NZ, said the Entain partnership is a revolutionary moment for racing and one that will deliver the ultimate goal of a long-term, sustainable racing industry. “TAB NZ recognises bold funding decisions are required to sustain this storied industry for generations to come,” Mr Roberts says. “Leadership across the industry must own the moment and deliver a right-sized industry, with the best animal welfare standards, and a compelling customer product.” “This extra injection will deliver the best outcomes if it is targeted towards those types of initiatives that enhance the industry in the long run. Simply increasing the funding of the status quo is not sustainable.” The increased funding comes from an additional $15 million being added to the TAB NZ distribution to Racing NZ for the 2023/24 racing season, raising it to $185 million – a $60 million increase, almost 50%, on the current season’s distribution of $125 million. Additionally, TAB NZ has determined that it will no longer fund the Racing Integrity Board from its class 4 gaming operation which will allow a contestable fund of $15 million for applications under TAB NZ’s Racing Authorised Purpose. “We’re keen to back those that are in relentless pursuit of sustainable outcomes – and we expect that will be a key consideration when determining future funding applications,” Mr Roberts says. “A month into the partnership with Entain, we are deeply encouraged by some of the announcements we have seen out of the industry – especially New Zealand Thoroughbred Racing’s Strategic Funding Document announced two weeks ago.” For more information, contact: Nick Roberts TAB New Zealand Chief Executive Officer e: nick.roberts@tab.co.nz

What? No prize money has been taken off owners, has it?

Randomised Controlled Trial. Pretty much the gold standard for assessing effect of health treatment outcomes among other things.

To me it is a contributor to the larger global body of knowledge about various things, perhaps particularly relevant and accessible here. No different really than say an RCT that includes only participants from a specific population with a certain diagnosis and no comorbidities. So, why not? Why dismiss it?

Why do what?

Your question suggests that you think that Matauranga Māori knowledge, for example, isn't achieved by empirical observation of the natural and physical world and that derived theories are not testable? I think it is if that's what you are asking.

Good stuff I thought.

My read was they were dismissing Matauranga Māori from a western science based perspective, not comparing them from any neutral stance.

On the other hand, the authors, seem to have taken the same colonialist view of things that they are purportedly critically examining. About a C+ for mine.

As above in the headpost. We do ask that trainers scratch with NZTR prior to 12pm Friday, if they do not intend to start. This will provide NZTR an indication as to the viability of the meeting, and allow early notification for Clubs & Participants.

Scratching time is 12pm but good so far.

And/or the handicapper?

The Listed Team Wealleans Tauranga Classic will be run next week with a further announcement on the venue shortly. All other fields will be transferred as currently drawn with amendments to distances and extra ballots where necessary, as the maximum field size at Cambridge is 12 runners. Amendments to distances are: Maiden 1600m becomes Maiden 1550m Maiden 1200m & R75 1200 will both now be run at 1300m. R75 1400m & R65 1400m will now be run at 1550m. Seeka Kiwifruit Cup, R88 2100m will now be run at 2000m. We do ask that trainers scratch with NZTR prior to 12pm Friday, if they do not intend to start. This will provide NZTR an indication as to the viability of the meeting, and allow early notification for Clubs & Participants. Should NZTR in its discretion deem the meeting not viable, the race day may be abandoned. A final decision will be made by the Scratching deadline 7.30am Saturday. There will be no scratching fees for the meeting.

They'll be in the fine print but we don't yet have the bold. I thought the TAB said the details would be released once the deal was concluded June 1? Otherwise, you could try looking in the same place as the half year and monthly trading reports maybe.

Mystery to me Huey. Maybe ask NZTR? I'll be all ears if you get a reply.

How would that enhance net wagering revenue? That is the goal isn't it? Don't think former glories are much use now.

Seems pretty clear to me. Conditions: Eligibility: For trainers outside of the Top 10 in prizemoney at midnight 30 November 2023 Horse must be in the trainer's stable list at midnight 31 July 2023. Horses may not be transferred from a Top 10 trainers stable to a trainer outside of the Top 10 after midnight 31 October 2023. Any horse transferred after 1 August will be ineligible to run Ballot order to be by rating based on eligible entries NZTR will be the sole judge to determine eligibility to compete in the fina

I don't agree with the funding allocated for that race but also don't think that 'not top 10 trainers' necessarily represent mediocrity. Mostly just smaller stables.

The same percentage wise.

At least, and given that 50% of that will ultimately go to Entain, more than double that.