Brodie

Who wouldve thought that Entain would do that? Well I did, there have been far too many financially stupid decisions made since Entain got involved with the NZ TAB! Dean has been very quiet, in fact you never hear from him! There is going to be some changes being made with this new CEO coming in, and hopefully he is someone that has better financial nous! There are many things that they can do far better but it is certainly going to run by more Australians. Watch this space.

I think I must be only on muelied food nowadays Ranga, now that I am supposedly on the Plant based food!

Why would they be breeding greyhounds now if you wont be able to race them? Reality is that the stupid decision to ban greyhound racing providing it doesn't get overturned, means that greyhounds will become extinct in NZ within 5 years! Highly doubt people will breed greyhounds as pets, even if they do make good oets apparently. Banning The crazy Greens and the dangerous TPM would be a far better idea coming from Winnie and co.

Does the TAB take sleepers now? Where do I dump then?

Personally think it is fine to interview the drivers, but far too late when the race is about to begin! Be far better to do the interviews with the drivers well before the race. Also very little point telling us on Trackside 30 seconds out that a horse has been treated for something since it last raced!

Gamma, most of the decent racing is at Addington! Wouldnt think it a great idea racing over a mile or 1800m on that track lol They generally go much faster mile rates over the 1980m so it would be just as hard on a horse over that distance as 2600m!

Gamma, firstly I have never blamed Entain for any demise if racing in NZ, Great that they have put up money to help the TAB. It is just the way they are using the $900m, wasteful spending and not being used the best way possible. At the end of the 5 years where are they going go be? I believe that I am totally on the money, but if I am not right then that us great fir the industry! Still believe that they should be encouraging wagering from their existing loyal customers as they could increase turnover significantly. They are too risk averse in my humble opinion and trying go buy heaps of smaller punters with bonus bets etc. is only falsifying true turnover. At the end if the day we both hope that things improve as I do not believe things can not continue the ay they are with running so many loss making meetings!

Tab, thanks for reply. all good if you believe I am confused, probably early dementia? No problem with people having differing views, at the end of the day all of us want harness racing to thrive. Hopefully this committee will have ideas that no one has ever thought about, and things will come right! At the end of the day if they don’t then the industry is going to be battling. I still maintain that they have not acted financially responsibly with the cash splash from Entain. Time will tell, TAB For Ever!

Bit confused TAB? I thought you were with the play, as you thought the TAB was operating well since Entain bought into the TAB? The truth of the matter is that mismanagement must have continued for the past 2 years if they are now needing this committee? HRNZ CEO has been coming out every now and again stating that every thing was looking rosey with harness with what they were doing! Now he is stating that this committee is now PIVOTAL to harness? Which is it? Has he been telling porkies and why has he? Some on Trackside etc. are saying that there are some participants that are negative with what they are saying about how the industry is going rather than seeing the positives! Maybe just maybe these people who are supposedly talking negative actually know what they are talking about, and actually care about harness racing and are actually “On the money”? These to my mind are the ones that also need to be listened to!

Gamma, it is not about the racing. It is about what they are doing to racing at the moment. They have not gone with the times, and now think that chucking money that Entain has chucked in to get 50% of the profits for 25 years, into stakes is the answer! What at the end of the 5 years? Winnie can see this and that is why he has called on this new committee being formed to try and sort! This should've happened when Entain came aboard surely?

Group 3 for $40k. With 5 minutes to go $1100 in the win and $800 in the place tote pools. So much interest from the small time punter.

There are punters that want to punt more Shab. Thing is they will not let them on for much. Not sure how many punters are currently restricted but I would say there would be quite a few? They also need to abide by the AML law as well, which they arent, so they are making a rod for their backs. Who is making the decisions for the TAB at the moment?

Betcha seems to be targeting the younger ones but whether it is working is not known unless the TAB comes out and tells us!

Good post! Weird that it was Winston that had to call for this committee isn’t it? He can clearly see problems ahead or maybe he reads BOAY? Just very puzzling that the HRNZ CEO says that the formation of this advisory committee marks a pivotal moment for NZ racing industry!!!! WHAT??? I thought it was pivotal when the TAB sold out to Entain over two years ago???? What have they done with the promised dollars? Blown it with stupid decision making! most people with any business acumen can see that they have not spent the influx of cash wisely at all. The TAB has been led financially very badly and has been for a long time. Going to be very interesting what comes out of this committee meeting, but in between times HRNZ need to wake up and see what is in front of them if nothing is achieved from the committe. Entain shareholders are waiting until they can get their hands on 50% of the Sports betting profits which will be substantial annually and get them for a further 20 years after the 5 is up. Anyone can dispute anything I have said, no worries!

Good to have people who have done well with breeding and training horses getting together! However not sure these are the right people to be having as surely it is new owners that are required as well as the most important ones, Punters! Not really thinking that these ones chosen are the ones who have any expertise on the punting and wagering side of things? Without the right people what can they change to increase participation in increased ownership and more punters?? TAB would be far better interacting with those that they require surely, encouraging wagering rather than restricting due to restrictions on punters and the AML limit rule that they are not abiding by. Very interesting times!

Maybe just maybe they have finally worked out that things are not as rosey as they were trying to point out to us? The fact is that these participants on the committee are not being paid for their contributions. The fact is that unless wise decisions are made from now on in, they will also be sufering financially! The weird thing is that they have waited so long to get together as they mustve been blinded by the money being chucked in by Entain? You just can not run any business like this and expect it to succeed! Going go be very interesting go dee what the Brsins Trust comes up with?

Some of NZ racing biggest players being formed to help sort out the TAB. Peter Vela, Ken Breckon and a few others are joining a committee to set where the future of the TAB goes! This was the idea from Winston Peters. This is probably 2 years too late, shouldve been done when Entain took control and they have blown millions which shouldve been used far better for the future betterment of racing. There is no doubt Entain will pull the plug on subsidising racing when the 5 years is up and anyone that has business sense is well aware that the industry is in deep trouble. Looking from the outside in, from the harness side of things there have been many things that economically just does not make sense!!!! The committee appears to be more thoroughbred based but hopefully it flows onto harness racing! To be honest, it is really quite hard to understand how they have allowed so many poor decisions to be accepted by those that are on the big salaries, as if it was their own money, they would not be blowing it like they have! Anyway the jury remains out on whether there are enough people in the roles that can actually resurrect the poor business plan they currently operate under? Wanting to increase turnover by the TAB? Highly doubt it, when they are stopping their loyal punters from wagering! Have they left it too late to turn things around??

Just can not understand some of these punters that are allowed to put a couple of thousand on? From what Trackside is showing us as big bets, the wagering from these punters is very amateurish, certainly would not call them gifted! Gifting money to the TAB mostly! Why on earth would a punter put $2k on Franco Ezrah and $2k on Paddy McDaddy at such short odds? Both were very poor wagers as both were straight out of maidens up against experienced horses and they took $1.75 fixed to win?? Seriously punters that wager like this need to consider just whether they should be punting if they are wanting to win?

The beauty of betting if you can get money on, is the fact if you do your homework you can make money! Why listen to anyone's tipping on Trackside TV? they aren't there to give you winners, they are there to bring in the small time punter that can not pick their own! Part of the challenge is to pick you own winners, otherwise you are guaranteed to lose money!

Great news 51 different venues for racing today being shown on Trackside one and two! Plus over 30 more that are not being shown but you can bet on from around the world! Lol, just crazy really!!!! Greyhounds from around the world you have never heard of let alone the venue?

The TAB and Entain are the ones that are feeding the money to HRNZ to pay for the stakes. HRNZ will be distributing the funding into the stakes for the races that they are programming . No offence intended, but personally believe that think they are Santa Claus at the moment but Santa is going to run out of toys to give away in 2 years time! Unless someone knows more than what they are showing, the industry is going to be in strife.

You would think that they would be using the money a helluva lot more wisely than they actually are? Reality is that they will have no problem moving many of them on when the time is up, they have a history of it. If they were indeed wanting to improve turnover, they are going about it a very very odd way!

The truth of the matter is that Entain do not really care about racing in NZ despite what some may think! They are a Sports and gaming company, not racing! Spend the 900m on stakes in NZ we do not care, we only want the Sports and online casino for 20 years. HRNZ and other racing sold out to the wrong crowd. Where are the spokes people for Entain coming out and denying that what Brodie and others know is not correct? They will not because we are on the money.

Gamma, the only reason the stakes are what they are currently is due to the Cash splash fro Entain. This is a serious mismanagement of funds from HRNZ as it is falsifying things for another 2 years or so and then we will see just how badly managed this $900m has been! Seriously you can not run any business the way they are operating currently, we will find out this majorly! Who would be wanting to breed and race horses in 2 years time, certainly no one with any financial sense, and wont be enticing enough for any new participants! Just have to shake our heads and not hold our breath!

Heaps more Chief! Answered for Westview lol