curious

They could if the members agree. Rotorua has in their rules that s 27 of the Racing Act applies and that NZTR has the approval rights on distribution of assets in the event of dissolution. If the club continues but sells up it would presumably be at the discretion of their board or members what happens to that money. NZ Racing as far as I can see could only grab it by using that as a condition of the club continuing to race at another venue. If they walk away, giving up their dates and licence it seems to me that there would be no power to second their assets.

lol.....told ya... Thommo'll still probably tip it out tomorrow.

Agree. I have that at 10/1.

Don't rely on that. I'm still working on betting in OZ and don't yet fully trust my own assessments!

I make it a 14/1 chance

You should just add 20% I think and back it tomorrow if it wins.

It also has a name with two words barryb, is over 3yo after Christmas and has sidewinkers on. Should bolt in. And I don't see why you have too much trouble deciphering Thommo's selections. If you can get your head around the primary criterion which is that they won the day before you'll master it.

Bugger, both ran 3rd at 20s no divvie...the winner must be closer as Thommo said!

The good thing is it's both before and after Christmas at the moment, so should be good to go.

Just to add to my losing streak... Gulfstream Race 8 #3 Hy Kodiak Warrior Race 9 #7 Go Gone Gone

Foxton is not on the close list but so far as what you are saying they would be taking money from the Crown! And require legislative action concerning the Manawatu Racecourse Act.

I'm agreeing with JM. I'm saying that Winnie should have initiated the review, so that the outcome was known by now, although it may have been decided to wait for the review before deciding the terms of reference and there's some argument for that.

Told ya!

Yes, an independent review, aimed at an orderly reduction in track numbers would make sense. A financial model that has worked OK in the past is where funds from sale of tracks are retained by the club but used to purchase a pro-rata share of the track they are going to race at, so their funds are protected. The idea of handing assets over say from Gore, to spend on say an all weather at Cambridge is reprehensible.

Sorry, it's what is more correctly called totalisator duty, payable under The Gaming Duties Act. It is what was reduced from 20% to 4% in 2003, to align it with the rate paid by casinos. A matter ignored by the Messara report is that presumably, if it is removed for Racing, the Casinos will make the same argument. Of course the now $50m a year savings from that duty reduction was supposed to go, similarly to your suggestions, to a mix of stakes, infrastructure and to cover the costs of reducing takeouts. We all know what has happened there.

oops...make that due to be implemented at least...the first one was July 2008, that second one should have been July 2013, and this one July 2018. I left that bit out. It's supposed to be "at least once every five years".

That makes sense and I don't know why Peters did not insist that be underway alongside the Messara review. They are supposed to be done every 5 years and the last one was dated April 2014, so it's already well overdue. I'm not clear why this has not yet been initiated. It ends up being one of JM's recommendations anyway and the the Minister determines the ToRs, so they could be as you say. 4. Request that a Performance and Efficiency Audit of the NZRB be initiated under section 14 of the Racing Act 2003, with particular emphasis on the operating costs of the NZRB Would you include the betting levy removal in your above plan? Another $13m?

Thommo probably will in the morning!

I've raced a horse with Sheldon and I'd say he knows more about thoroughbred racing than most. He also knows what he doesn't know.

https://www.stuff.co.nz/sport/racing/106830745/seven-charged-in-harness-racing-probe

No amount of asset grabbing, tiered racing, outsourcing or increases in prize money can fix this in the short term, even if they do find a way to fix all the stuffed tracks. I can hear the rumble of stakeholders deserting by the minute.

You and I can't but Thommo can evidently even though it has nothing to do with this thread as far as I can make out.

Agree.....walk away. Take your club assets with you for your community and leave them to it. Not worth the fight anymore.

Really? Wanna put up some evidence?

The only thing I can say Hedley is that it's not yet a conquest.