Listen halfwit. The ‘Yield’ facts clearly displayed in Curious’ table are that every dollar of industry money that goes into the stakes on those blood sucking big days gets far less of a ‘yield’ turnover wise than does the likes of Kumara Wairarapa or the other two Coast Clubs.
I’d have forgotten more about ‘yield’ than you would ever know in ten lifetimes.
What the hell do you mean yield? That's exactly what's not there in sufficient quantum. There's stuff all other revenue. 90% comes from wagering revenue..
agreed.Things aren;t going to get any better for the average person in nz.
thats why Mr steele said that when things pick up,that will be reflected in increased turnovers on racing.. Things aren't going to pick up,thats just wishful thinking.But mr steele had to say that ,as it was his way of putting a positive spin on figures which weren't as positve as he had hoped.
mr steele has a mind set where he believes its in his and the industries best interests that positivity is the priority,seemingly viewing it of greater importance than reality.
He may have done well in leadership positions in the past , where he has been part of decision making which has produced good results.However he will find out in 18 months or so,that strategy will eventually implode if things aren't going as well as he has said they are.
You mentioned on another thread gamma about we may have a govt change in november.I always think the result of elections are always predictable enough.And i can't see any change of govt at the next election. That won't happen.People just don't trust labour after the adern goverment,like they once did,even given so many more are struggling with the cost of living these days.