curious

And of course owners but under the supervision of and with the consent of a licence holder.

I may have watched a different interview but I'm pretty sure when asked the question that Becks said no, it shouldn't be banned. Can't be bothered watching it again, but I think that's flat wrong.

You are certainly not alone. Many joining you every week.

No, but does that matter?

You've lost me. Say what you mean? I'm talking about entering private training premises without consent or notice, e.g., landlords.

What do you mean?

You've lost me. Clubs currently get 10% of on-course terminal turnover and 12.5% of digital turnover don't they? When was it higher than that?

Really? Can you? What exactly was oncourse based funding?

Are unlicenced people allowed to enter stabling areas on course unannounced?

Understandably. No sign of NZTR implementing any of the safety and welfare recommendations from the April Massey report.

Online where? NZTAB turnover is definitely an investment for me. That's what pays for the racehorses. Unfortunately the finance director won't let me take those costs out of the household budget.

Buggered if I know how 4% and 6% increases since the legislation was effected become 50% .... lol

Did you read that article? Looks like stable at best? 2024 broodmare returns confirm that. The Straight revealed earlier this month that Australia’s 2025 foal crop could be the nation’s smallest since the mid-1970s as smaller breeders either downsize their broodmare bands considerably or exit the industry altogether. ... Cambridge Stud CEO Henry Plumptre believes the foal crop will end up maintaining the status quo when they’re born in 2025, echoing the thoughts of Johnson and Thompson. “Certainly if you'd said that to me three years ago, I would have said we're very nervous over here. But I think the Entain arrival and the lifeline that they've thrown the industry here, that's sort of stabilised the mare numbers,” Plumptre said.

Really? Where did I say that. Just bought another one a month ago! And my NZTAB turnover has doubled in the last 2 months.

Don't agree. Not pointless at all. We know what the guts of the contract is and have to assess our investment in the industry going forward based on what we know and what results we see to date.

I haven't seen any sign of or expectation of any increases in the foal crop as a result of the Entain investment. Seems unlikely to me. Maybe an interim stabilisation of the decline? https://thestraight.com.au/new-zealand-foal-crop-holding-firm-as-breeders-apply-sharper-commercial-lens/

What do you think there is in the contract that we don't know about that is likely to make a difference once Entain have paid for the business in 2028?

Racing Turnover Month 2024 Turnover (NZ Racing) 2025 Turnover (NZ Racing) YoY Change July ~NZ$52 million 1 ~NZ$54 million 2 ↑ ~4% August ~NZ$53 million 1 ~NZ$56 million 2 ↑ ~6% Fixed odds betting now accounts for 90% of win/place turnover in 2025, compared to ~85% in 2024 2 . Tote betting continues to dominate exotic bets (e.g., trifectas, quinellas) with 75% market share, but fixed odds are gaining ground 2 . 🏉 Sports Betting Turnover Month 2024 Turnover (Sports) 2025 Turnover (Sports) YoY Change July ~NZ$60 million 1 ~NZ$71 million 2 ↑ ~18% August ~NZ$62 million 1 ~NZ$73 million 2 ↑ ~17%

@Kit Walker might have them. I don't.

No. It came into legal effect on 28 June 2025.

Yes, though if the online monopoly is doing what was predicted, you'd expect to see clear evidence across the board by now, so it's not a promising indication of that to me.

And that's turnover, not GBR. No harness, dogs or sports included either.

Not imo if it can't be sustained because Entain doesn't generate the necessary revenue from 2028 which seems likely, and TABNZ have significantly reduced income to distribute.

Really? Guaranteed by who? NZTR forecasts are for stakes to be flat through 2028 aren't they? That's because they arranged with NZTAB taking the total 5 year increase partially in advance for the greater more immediate lift.

She does raise a few pertinent points in there though. E.g., the attempted muzzling of licence holders, which we've seen recent evidence of, and the simplicity of some welfare monitoring which would potentially allay (or otherwise) negative public perceptions.