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Bit Of A Yarn

curious

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Everything posted by curious

  1. curious
    Yes there is. Pitty won it for 25 years until Carson did. https://nztr.co.nz/news/christchurch-casino-south-island-racing-awards-winners-announced
  2. curious
    As far as I can see, stakes for the SI are the same as the NI, unchanged for most races for 3 seasons, though a couple of jumps races, the Guineas, NZ Cup etc. have been boosted.
  3. curious
    I'm not sure that pedantic discussion about whether the state of stakes qualifies as "stagnant" or not, is very useful. To me they are because most horses are racing for the same winning stakes as they were for the last two seasons, And that is likely to continue for the next couple. Why that description of stakes in the head post has become the focus of this thread doesn't make a lot of sense to me, when I find most of it vague and not well argued even if it does make a couple of good points.
  4. curious
    Of about CPI, so not increases in real terms.
  5. curious
    To me it's certainly stagnant, with no year on year increase from last year and none predicted in the next two.
  6. curious
    Oh and there's no need to shout if you disagree with me. I'll hear you without that.
  7. curious
    As far as I know ~ means approximately equal. Never heard it be read as a negative sign.
  8. curious
    If you mean from FY24 thru FY28 (predicted). For that 4 years, yes that's ~20%. That's what I said. What's your point?
  9. curious
    Yes. All tote turnover.
  10. curious
    Given NZTR paid out circa $100m stakes funding in the latter 2 years at least, $3mil seems a bit light. Maybe check your arithmetic. Hopefully, things don't get that bad going forward!
  11. curious
    Not over the next 5 years. Where do you get that idea from?
  12. curious
    I'll put these here because the latest one wasn't well received in another thread. Can't find the June one but I forgot I had them and these two give an idea of monthly yoy turnover progress pre and post the online overseas betting ban including sports. The latter is consistent with the above for TR turnover.
  13. curious
    Read again. As the Entain funding became available, it was phased into stakes increases over the first 2 seasons with the full amount after that with a $10m funding increase for last season. Though they put enough in for the first season to ensure the current stake levels from year 1. There's no plan to increase those or total stakes funding by more than CPI through the remainder of the deal at which point they will likely drop unless they find something at the end of the rainbow.
  14. curious
    Stagnant from when the Entain funding came to hand. NZTR went to some trouble to negotiate that be maximised in year 1 on the basis that it remain essentially stagnant through 27/28. That's the business plan. Probably the right thing to do while as the CEO said, they look for another "pot of gold".
  15. curious
    However you might like to frame it, the facts are that they are going round at Wingatui on Friday for 18k same as last year and the year before. That's smellily stagnant to me.
  16. curious
  17. curious
  18. curious
    It also shows that sports turnover is now roughly double racing turnover.
  19. curious
    Don't quite get your point here. If stakes are stagnant, that's the same whether horses are leased or owned and in the former case for both lessors and lessees isn't it?
  20. curious
    Oh I thought it was interesting in terms of the YOY numbers post the online monopoly legislation. Racing turnover consistent with what I posted previously ~13% but sports well up at 30%.
  21. curious
  22. curious
    Wouldn't think it would matter much to those would it? They have to win to pay their way don't they? Doesn't matter a bit what the stakes are if they don't win any.
  23. curious
    True. Unless we get lucky, that will end it.
  24. curious
    Does to most of us. There's no change in stakes for any races in industry, feature or premier meetings through the grades, mdn to open, nor likely to be.
  25. curious
    One is three with 2 more to come and possibly a reduction from there. So yes, very much so. Meanwhile owner costs, training fees, freight, farriers, vets, feed etc have all increased 15-20%.
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