Brodie

The thing is that I feel that the greyhound industry has not protested hard enough. Someone needed to take the bull by the horns and led the participants to actually fight for their industry! I reckon too many are just accepting of what they are told to do, apathy is rife in NZ it was shown during the Covid scam. Defies total logic when they say that greyhounds who chase without being forced to is cruel? What is more cruel is that this decision to cancel dog racing is going to make the greyhound extinct in NZ within a few years! This is cruel and yet the greyhound people continue to race without significant protest? Once the industry is closed it is gone forever so they need to fight their cause!

It reads that the taxpayer is going to be paying Entain money to enable them to fulfil the 900m obligation! They are hypocrites if they think it needs to ban greyhounds in NZ as they think it is cruel and yet they are endorsing the cruelty of greyhound racing in Australia, by accepting wagering on them!! NZ greyhound people are being totally shafted! How can anyone with any common sense be able to justify the anomalies?

Reality is that harness racing is not travelling well despite the picture that HRNZ is trying to paint! Not sure when this committee that Winstone wants is going to be formed and take action? Yes for some they think thinks are going well for harness but it is being held together by the money that come from Entain, but that is going to finish! Then we find out that the NZ Government taxpayer is shelling out tens of millions to Entain and then they get 50% of the online gambling and sports profit?? McAnulty signed off on one hell of a bad deal for NZ and a great deal for Entain, but then again so many appallingly bad things occurred when Labour was in control of NZ.

They didnt honour this! Sent heaps away early from what I have heard, no need cir them when work is bring done from OZ! Not sure how many are actually still on the payroll but would not think there be many at all left?

Na all is Rosey, Brad Steele says so! Plenty of money left from Entain, even though the NZ Government is actually shelling out tens of millions to Entain so they do not lose as much according to Greyhound Racing NZ. HRNZ need to take their blinkers off and start acting financially fiscally.

New analysis details Government annual gift of $119m to multinational gambling company Greyhound Racing New Zealand has released new analysis detailing the extent to which the Government is financially supporting a multinational gambling giant. It comes as the Government is expected this week to pass the Racing Industry Amendment Bill into law, creating a digital monopoly on gambling for Entain. The analysis, prepared by an independent consultant, details the financial help required for Entain to meet its funding guarantee of $150m per year to the racing industry. The funding guarantee, combined with a guarantee to retain approximately 450 TAB staff until June 2025, were set under the terms of the agreement when the TAB’s betting business was outsourced to Entain in 2023. The analysis estimates in dollar terms the value of the Government’s support to bail out Entain so it can limit its losses in meeting the terms of its deal until 2029. The passage of legislation to block New Zealanders from gambling offshore will boost Entain annual revenues by at least $75m per year. The retention of gambling on Australian greyhounds after the ban comes into effect, will preserve Entain gross betting revenues of approximately $44m per year. Without these actions by the Government, Entain would be faced with an estimated revenue deficit of $26m per year. Greyhound Racing New Zealand CEO Edward Renell said: “The Government has chosen to bail out a multinational gambling company at the expense of ordinary Kiwis. “It will shamelessly pass laws and create digital monopolies so Entain can meet its funding guarantees and obligations to private shareholders. “Entain won’t need to compete to win new revenue as it was brought in to do. It will be gifted it by banning Kiwis from using non-Entain betting providers and retaining gambling on Australian greyhound racing. “The decision to keep taking money from Australian greyhound races, but strip thousands of regional Kiwis of their livelihoods and passion, is depressingly cynical and hypocritical. “Gross income of $44 million dollars each year will now be sliced up between the Government, Entain and the equine codes and not go to the thousands of trainers, owners, and breeders involved in greyhound racing. “It’s a reverse Robin Hood. The Government is taking money from the provinces to save face on a bad deal and keep the money flowing into Entain, thoroughbred and harness racing.” /Ends For further information contact: Liam Constable – 029 200 9842 EDITORS NOTES Timeline of Entain – TAB deal: March 2023: TAB and Entain agreed to enter a strategic partnership agreement where TAB has delegated its betting and wagering functions to Entain. May 2023: The partnership was approved by then Racing Minister Labour’s Kieran McAnulty, outsourcing TAB’s monopoly betting operation to Entain for 25 years, a UK-listed multinational. 50% revenue share between Entain and the TAB. May 2023: TAB sought a variation to its authorisation of its arrangements with Tabcorp to reflect strategic partnership with Entain. June 2023: The partnership officially started on June 1, 2023. Entain Guarantees under the terms of sale: Entain provided TAB $150 million upfront a with a guaranteed $150 million for the first five years. $10 million sponsorship for racing carnivals. On passage of the Racing Amendment bill into law: $100 million payment from Entain, $80 million to be shared between thoroughbred and harness racing Entain committed to no forced redundancies for first 24 months of the agreement, due to expire this month (June 2025). Book value of Entain’s TAB licence assets, if the Racing Amendment legislation goes through: According to Entain’s March 2025 annual report, the estimated value of the New Zealand TAB licence assets was $2.7 billion NZD, including the potential introduction of the legislation.

Has anyone read the letter from Greyhound Racing NZ? They state that the Government is actually paying Entain tens of millions of dollars every year so that Entains losses for the money they are donating to racing for the 5 years is not as great! You couldn't make this shit up! And yet they will get 50% of all the sports and online gambling profits ? Yeah great deal TAB, you have been ripped off! RIP racing in NZ

Great that Chief runs BOAY to enable people to discuss things racing! Firstly, no one is going to be breeding next year to $5k stallions so they can race in these $60k races! This will be a one off just to get rid of the Entain promised money, and HRNZ are doing this very well going by the many poor decisions bring made. Not sorry to state that we can have absolutely no confidence in the future of harness racing in this country if we believe that those making the decisions currently, have its best interests at heart!! No media beef up is going to help things, and there is no way on earth any successful business would be operating like this. Anyway, nothing anyone on BOAY can do or say that will stop this wasteful spending that will end poorly for harness racing in NZ! We need this committee formed ASAP and potentially take control of what is happening.

Pleased you started the post Galah! Great that HRNZ are trying things and easy to pick faults in anything! Firstly this initiative is only possible due to the funds being gifted from Entain as it would not be possible from racing profits! The elephant in the room is just not being addressed and this is the problem. How many stallions are eligible for being under the $5k? Personally think it is going to be hard to fill these 12 races with horses that qualify in several of the categories? Seems a helluva big stake to be racing for and just seems like get rid of the Entain cash splash without any future forward gains? Spend it while we are getting it appears to be the attitude doesnt it?

the consistently unfair standing starts over 2000metres continue! They need to either stop having them or get a starter who knows what he or she is doing? It is not professional and a poor indictment on harness racing! Anyone could start standing starts far better than what is happening. There were horses in a full blown run up prior to the tape being let go and he thinks that is fair? seriously?? HRNZ act now they have to be cleaned up or just have mobiles!

Interesting, think the TAB may have learnt its lessen with Stonewall horses? They are opening them at unders to see what happens, and not to encourage! Race 7 at Addington Mandala, you would think was big unders? $2.80 for a standing start 2000m with unruly horse?

Casino gamblers are exactly that! Gamblers and you can not win there long term! The NZ TAB is a gambling agency that has the monopoly on horse racing in NZ. They put up the odds for people to take and yet they have got no appetite for letting certain punters that want to take the TAB on with the odds offered! They advertise that they are concerned for those punters that are not good gamblers or can not afford to lose! Lol They encourage people to wager by offering bonus bets and bonus cash back and yet they also heavily restrict those that can afford to lose? Poor decision making and Flawed business plan and is coming home to roost! Can the committee turn things around?

Gamma, great to see the TAB taking these larger bets, and not talking $1k @ $1.90! That is not a large bet in this day and age! TAB need to be encouraging the larger scale punters to offload, rather than restrict many! Yes they will suffer some losses but overall they have the advantage! The thing is it takes so many smaller scale punters to wager to get anywhere near the larger offloading punter!!z Why they do not utilise this is very hard to fathom?

So why not let some of the restricted punters on for reasonable amounts to see if they can pluck $ off them? At the end of the day the odds are always in favour of the TAB? Where is their sporting spirit??

Great that the TAB are advising us of these so called big bets. Some are not big bets when you compare it to the 40k last week! Not sure whether these big bets are coming from many different punters, but all I can say is there are some very poor punts being made! $13k On Music Mistress at $2.20 drawn 9 in that field was in my humble opinion to be not worth the risk whatsoever! Anyway not my money and the TAB will be happy to allow that punter on for what they want, whereas some other punters are left to battle to get what they can on! Come On TAB, play fair and if you are allowing some on for $13k or $40k, would be only fair to let all punters on for realistic amounts. Increase turnover and get the harness industry flourishing!

Apologies for the typing, big fingers and not tanked up!

Forbury, you are entitled to your opinions but personally think Brittany has actually makes pretty good comments on FNL! Surprised st how knowledgeable with the NZ product. Friday Night alive is a great initiative and well worth watching, with Greg and Brittany presenting. You dont have to agree with their tipping and if you were any good, you wouldve slready offloaded! Dont worry about what you consider are poor drives as you have no control over that whatsoever. There is plenty of money to be made at the moment if you put in the work, and best to put your efforts into that while we can!

Wonder why there has never been any betting on pidgeon racing? Would be very low cost surely for the TAB? Probably not a great spectator sport but there would be a market for it?

They out if luck there! People are becoming more and more aware of what is going on now, since the Covid scam!

To be fair Chief, is anyone worried about obesity in the Western World? it is more a pandemic crisis than this Climate Change thing!

Jason, Harness, Gallopers, Greyhounds? Is there anyone else who trains all 3 codes? There is always racing pigeons?

If it is a legitimate bet then it just endorses once again just how ethically wrong the TAB acts! They wont let punters loyal to the NZ TAB for decades on go win a reasonable amount! However another punter who is know to them to be a very poor punter, they allow them the opportunity to lose another $40k? And yet they advertise that they are concerned for those that lose a lot of money? Concerned my xxxx, they are only there to protect the yield and their own salary.

Brodie is one of many NZ punters that get treated very poorly compared to other punters! It is because of identifying myself that I am restricted as well as other restricted punters! Still very very hard to believe that they took this $40k bet on under the TAB’s current level of risk that they are showing?

Does anyone actually believe that the TAB actually accepted a $40k bet on a Telfer horse to lose $80k? Personally have major doubts as it just does not align with the amount of risk that they are currently taking. Anything much over a $1000 loss and they are dropping odds so $40k loss?? Smells very fishy to Brodie!

Nigel will bounce back no problem. Surprised he can be bothered getting back into training with what is looking like happening in a couple years ? Be interesting to see whether his previous owners are willing to go back?