They have left things so long and made so many bad decisions, their options have become limited.
My view is that currently, NZ gallops racing actually makes zero net revenue through NZRB. Whilst some new tracks with updated technology may help with punter attraction, it won't be enough by themselves to right things. The overall confidence of punters betting on NZ racing won't be enhanced due to the majority of racing being on surfaces that aren't up to scratch. These are what need to be fixed. They should be pulling tracks out of racing on a rotation basis imo. Not spending vast sums on new tracks that won't actually be enough to stimulate punter investment across the year.
Whatever they do will take time, but it has to be a wholesale approach, not a piecemeal one. They don't think long term. That is obvious. So they keep going forward (actually backwards?) with kneejerk reactions to situations (those situations coming about largely of their own making).