Brodie Posted June 19 Share Posted June 19 (edited) When Entain was delivered the NZ TAB for 25 years by McAnulty and Co. Entain guaranteed the NZ employment for a minimum of 2 years! I now know that this is not true, there are staff who are being paid to leave the NZ TAB already. Not sure of numbers but have been told it is quite a number. You might say that as long as they are getting redundancy then that is fine, however the positions are not being filled by anyone else, so clearly the service is going to suffer! Going go be very interesting to see how many staff are being employed at the end of the 2 years, as most of it will be run out of Ozzie! I would be suggesting very few as they will be cutting the costs to the bone. I would say the NZ Bookies have gone or are doing very little now. Being run by Entain is going to kill the racing industry in NZ, watch this space! Edited June 19 by Brodie Quote Link to comment Share on other sites More sharing options...
mikeynz Posted June 19 Share Posted June 19 (edited) 2 hours ago, Brodie said: When Entain was delivered the NZ TAB for 25 years by McAnulty and Co. Entain guaranteed the NZ employment for a minimum of 2 years! I now know that this is not true, there are staff who are being paid to leave the NZ TAB already. Not sure of numbers but have been told it is quite a number. You might say that as long as they are getting redundancy then that is fine, however the positions are not being filled by anyone else, so clearly the service is going to suffer! Going go be very interesting to see how many staff are being employed at the end of the 2 years, as most of it will be run out of Ozzie! I would be suggesting very few as they will be cutting the costs to the bone. I would say the NZ Bookies have gone or are doing very little now. Being run by Entain is going to kill the racing industry in NZ, watch this space! Seem to be plenty on tv these days. One wonders how much it must cost to run a TV channel, none of the others apart from.Sky can make money. I expect it don't cost much for the overseas feed, no local input. Edited June 19 by mikeynz Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 19 Author Share Posted June 19 2 minutes ago, mikeynz said: Seem to be plenty on tv these days. They wont get rid of all of them as they need presenters at the moment. With the work now being done by Racing and Spirts in Ozzie there mustve been plenty twiddling their thumbs! Would be interesting to know how many have already gone and how many they will retain? Would not think there be very many left at all in a year! Quote Link to comment Share on other sites More sharing options...
Newmarket Posted June 19 Share Posted June 19 2 hours ago, Brodie said: When Entain was delivered the NZ TAB for 25 years by McAnulty and Co. Entain guaranteed the NZ employment for a minimum of 2 years! I now know that this is not true, there are staff who are being paid to leave the NZ TAB already. Not sure of numbers but have been told it is quite a number. You might say that as long as they are getting redundancy then that is fine, however the positions are not being filled by anyone else, so clearly the service is going to suffer! Going go be very interesting to see how many staff are being employed at the end of the 2 years, as most of it will be run out of Ozzie! I would be suggesting very few as they will be cutting the costs to the bone. I would say the NZ Bookies have gone or are doing very little now. Being run by Entain is going to kill the racing industry in NZ, watch this space! Good, Most are well past their due date. I always bet on phone when oncourse, got sick of standing behind somebody putting $1 place on most of the field for their whanua. 2 Quote Link to comment Share on other sites More sharing options...
Blackie Posted June 19 Share Posted June 19 The promise of things to come Brodie, being treated like a state of Australia in all walks of life. Previous administrators pissed all the money up against the wall, with the peasants, the racing fraternity, left to fight for the scraps. At least now we have some people willing to try things and who understand the waging landscape, not jobs for the boys , some broken down public servant in charge. As much as I like your sentiment Brodie, if this had happened years ago, I think we’d be in a better position than what we are now. My 2 cents worth. 3 Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 19 Author Share Posted June 19 14 minutes ago, Blackie said: The promise of things to come Brodie, being treated like a state of Australia in all walks of life. Previous administrators pissed all the money up against the wall, with the peasants, the racing fraternity, left to fight for the scraps. At least now we have some people willing to try things and who understand the waging landscape, not jobs for the boys , some broken down public servant in charge. As much as I like your sentiment Brodie, if this had happened years ago, I think we’d be in a better position than what we are now. My 2 cents worth. Blackie, as you will be well aware, the TAB is not my favourite corporate, far from it! They have treated Brodie and so many other punters very unfairly for a long time! However, unfortunately and I hope I am wrong, Entain are not the White Knight that some are hoping they are! Apart from them throwing money at the stakes for racing for a few years, a bribe is what that is, to be given the TAB for 25 years, was very a very poor business decision for NZ! In return the NZ TAB will operate out of Australia, most of the NZ staff will be dismissed and wagering will suffer. Is there anything that I see is going to be beneficial for harness racing in NZ after the 5 years of increased stakes coming from Entain? NO, but hopefully for everyone who has a stake in its sake, I am not on the money! Quote Link to comment Share on other sites More sharing options...
Nowornever Posted June 19 Share Posted June 19 2 hours ago, Brodie said: I would say the NZ Bookies have gone or are doing very little now. Being run by Entain is going to kill the racing industry in NZ, watch this space! Very easy to run the bookmaking side from Aussie. Once the market is open the computers handle the trading side adjustments. Even a monkey could set the opening odds if they don't let people on for much until the liquidity builds up in the market. Pools already decreasing since Entain came on and turnover must be well down. Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 19 Author Share Posted June 19 24 minutes ago, Nowornever said: Very easy to run the bookmaking side from Aussie. Once the market is open the computers handle the trading side adjustments. Even a monkey could set the opening odds if they don't let people on for much until the liquidity builds up in the market. Pools already decreasing since Entain came on and turnover must be well down. Turnover on local racing has to be down unless they are taking much larger on Fixed! The pools on NZ harness are now pathetically low and I would wager that not showing the place odds on Trackside is also affecting things! It does appear that Entain doesnt give a rats about increasing turnover on NZ racing! Would definitely be interesting to hear from the current employees of the TAB here in NZ and especially the Trackside Presenters? They wont be saying anything against Entains actions, otherwise they will get the DCM! Quote Link to comment Share on other sites More sharing options...
mikeynz Posted June 19 Share Posted June 19 (edited) 1 hour ago, Brodie said: Turnover on local racing has to be down unless they are taking much larger on Fixed! The pools on NZ harness are now pathetically low and I would wager that not showing the place odds on Trackside is also affecting things! It does appear that Entain doesnt give a rats about increasing turnover on NZ racing! Would definitely be interesting to hear from the current employees of the TAB here in NZ and especially the Trackside Presenters? They wont be saying anything against Entains actions, otherwise they will get the DCM! You would actually think turnover would be down per meeting in the coming season with the extra meetings on Friday nights and Sundays being crammed up with clashes, I don't understand so many things, if they move all Southern meetings off Saturday to Thursday is it to maximize turnover ? If maximizing turnover is what it's about then having more clashes contradicts that thought. Running all those Tuesday meeting up North also seems weird but I suspect they will be racing for small stakes, hard to know what the thinking is at HRNZ. Entain are doing all the things the TAB supposedly failed in, TV, Radio, stakes, etc etc, let's just wait for sometime before we pass judgment, after all the TV presentation is no better, they don't have the place prices, the results etc etc, we haven't seen any change in the radio in anything they took over in February, the new website is not any better than the old version, so apart from pumping a lot of money into NZ, hard to know if they are getting a return, I suspect not,. The biggest concern is the geo blocking bribe which is being instigated by the Thoroughbred fellas up north who promoted NZ First and then got the payback with the AWT donation and the bailout for the TAB when it got into trouble, they will be seeking Winston's magic wand again. Maybe the case is is to make hay while the sun shines, after 4 more years who knows what the landscape will be. Some things just seem too good to be true. IMHO. Edited June 19 by mikeynz 4 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted June 19 Share Posted June 19 7 hours ago, Brodie said: Turnover on local racing has to be down unless they are taking much larger on Fixed! The pools on NZ harness are now pathetically low and I would wager that not showing the place odds on Trackside is also affecting things! It does appear that Entain doesnt give a rats about increasing turnover on NZ racing! Would definitely be interesting to hear from the current employees of the TAB here in NZ and especially the Trackside Presenters? They wont be saying anything against Entains actions, otherwise they will get the DCM! Brodie, The only thing propping up racing in NZ is Sports betting or Aus racing. Should be happy how it’s going, I like what they are offering, I am betting more with them on all betting types. If you think 5 horse Auckland fields and low class racing was going to support the sport, you’d dreaming 1 Quote Link to comment Share on other sites More sharing options...
Nowornever Posted June 19 Share Posted June 19 2 hours ago, Newmarket said: Brodie, The only thing propping up racing in NZ is Sports betting or Aus racing. Should be happy how it’s going, I like what they are offering, I am betting more with them on all betting types. If you think 5 horse Auckland fields and low class racing was going to support the sport, you’d dreaming I agree racing will suffer and sports will be propping them up. To make more profit you either increase turnover or cut expenses or ideally both. To cut expenses they will get rid of staff and get more automated but this will be detrimental to their service. They will be more active on restricting anyone that wins or even looks like they might be winning on fixed odds. To increase turnover they will hand out bonus bets like they are going out of fashion to newbies, losing punters and as incentives to join people up and start spending. They will probably start offering virtual racing or online casino type games at some stage. They keep promising exciting new bet types but have seen nothing yet to get me interested in spending more money. If they start offering first fives or first sixes then I might give them a go. Bringing back the pick six would also get me spending more. Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 19 Author Share Posted June 19 4 hours ago, Newmarket said: Brodie, The only thing propping up racing in NZ is Sports betting or Aus racing. Should be happy how it’s going, I like what they are offering, I am betting more with them on all betting types. If you think 5 horse Auckland fields and low class racing was going to support the sport, you’d dreaming You will be right, that it is Sports Betting that will be where the turnover compared to costs is for Entain. Entain seem more content just to have wall to wall racing going on and do not seem concerned in regard to local racing turnover. There seems to be no communication from anyone at the TAB as to what is going on as they have got what they wanted for 25 years. The racing industry in NZ is going to be stuffed, they just do not care! Not sure why you are betting more than before as I can not see they are offering better odds than before fixed? Quote Link to comment Share on other sites More sharing options...
Nowornever Posted June 20 Share Posted June 20 1 hour ago, Brodie said: I can not see they are offering better odds than before fixed? The odds have flattened overall. Not sure if it the bookmakers setting the odds or if it is more computer generated now, but if it is humans still doing it they have no confidence in their own ability as the opening odds are being kept very flat and by that I mean the spread is now an average of 2.00 to 41 on opening as compared to 1.80 to 101 a few years ago. They are trying to keep the whole middle market safe with a lot of horses way under the odds on opening. Those races with larger even fields they really have no idea sometimes and you can tell how badly they price a market by the amount of movement in the odds in the middle market from open to close. If there are a lot of movers in the market then they have priced it horribly wrong and there was value somewhere. 1 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20 Share Posted June 20 19 hours ago, Brodie said: I would say the NZ Bookies have gone or are doing very little now. Noticed the other day that Paul Lally was hosting in Hong Kong Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20 Share Posted June 20 17 hours ago, Newmarket said: whanua. 1 Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 20 Author Share Posted June 20 31 minutes ago, Rangatira said: Noticed the other day that Paul Lally was hosting in Hong Kong Yes have heard that many have already gone! So much for 2 Years!! Quote Link to comment Share on other sites More sharing options...
Newmarket Posted June 20 Share Posted June 20 8 hours ago, Brodie said: You will be right, that it is Sports Betting that will be where the turnover compared to costs is for Entain. Entain seem more content just to have wall to wall racing going on and do not seem concerned in regard to local racing turnover. There seems to be no communication from anyone at the TAB as to what is going on as they have got what they wanted for 25 years. The racing industry in NZ is going to be stuffed, they just do not care! Not sure why you are betting more than before as I can not see they are offering better odds than before fixed? But is it not better to prop up harness from sports betting? Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 20 Author Share Posted June 20 3 minutes ago, Newmarket said: But is it not better to prop up harness from sports betting? Do you really believe that Entain or whatever gambling agency buys it, is going to be propping up harness racing in NZ after the 5 years?? They got what they wanted and that is the Sports and other betting for 25 years! if they gave an ounce of interest in harness racing, they would be having a spokesperson coming out and talking about what we are talking about!! They are raiders and not the white knight! 1 Quote Link to comment Share on other sites More sharing options...
Bill Posted June 20 Share Posted June 20 5 hours ago, Rangatira said: Noticed the other day that Paul Lally was hosting in Hong Kong He has been there for over a decade….you’re a bit behind the eight ball Quote Link to comment Share on other sites More sharing options...
Gammalite Posted June 20 Share Posted June 20 14 minutes ago, Bill said: He has been there for over a decade….you’re a bit behind the eight ball Ranga doesn't drive far from home 😉 2 Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 20 Author Share Posted June 20 Come on Newmarket, thought you would be better with the Maori language and spelling? Whanau not Whanua 🥲 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted June 21 Share Posted June 21 18 hours ago, Brodie said: Come on Newmarket, thought you would be better with the Maori language and spelling? Whanau not Whanua 🥲 I’m new to it…. 1 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 21 Share Posted June 21 18 hours ago, Bill said: He has been there for over a decade….you’re a bit behind the eight ball 2008 from memory. Was just trying to help out a bestie and add substance to his post. Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 21 Share Posted June 21 (edited) 18 hours ago, Gammalite said: Ranga doesn't drive far from home 😉 Strictly a cyclist thesedays. Edited June 21 by Rangatira 1 Quote Link to comment Share on other sites More sharing options...
Nowornever Posted June 21 Share Posted June 21 On 20/06/2024 at 12:11 PM, Nowornever said: Those races with larger even fields they really have no idea sometimes and you can tell how badly they price a market by the amount of movement in the odds in the middle market from open to close. If there are a lot of movers in the market then they have priced it horribly wrong and there was value somewhere. Race 2 at Addington a prime example. They have no idea. A good pricer should be rated on how close their opening odds get to the closing odds. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.