curious Posted September 6 Share Posted September 6 Bruce Sharrock said at the roadshow yesterday that we could expect an announcement on this in the next few weeks with it likely to come into effect in February. NZTR are budgeting for an extra $6m of revenue this season and $11m per year for the balance of the guarantee period. 1 1 Quote Link to comment Share on other sites More sharing options...
Freda Posted September 6 Share Posted September 6 55 minutes ago, curious said: Bruce Sharrock said at the roadshow yesterday that we could expect an announcement on this in the next few weeks with it likely to come into effect in February. NZTR are budgeting for an extra $6m of revenue this season and $11m per year for the balance of the guarantee period. Feasible, do you think? 1 Quote Link to comment Share on other sites More sharing options...
curious Posted September 6 Author Share Posted September 6 17 minutes ago, Freda said: Feasible, do you think? I'd say so. They seemed pretty confident about it. Not sure of detail on the proposed legislation, but if it meets the Entain requirements for payment of the extra $100m, then the extra funding adds up. One of the criteria for that in the deal is that the legislation must be enforceable. 1 Quote Link to comment Share on other sites More sharing options...
mikeynz Posted September 6 Share Posted September 6 (edited) 22 minutes ago, curious said: I'd say so. They seemed pretty confident about it. Not sure of detail on the proposed legislation, but if it meets the Entain requirements for payment of the extra $100m, then the extra funding adds up. One of the criteria for that in the deal is that the legislation must be enforceable. I fully support people betting with our lot, but I also support choice, once any organization gains a monopoly they call the shots. Edited September 6 by mikeynz 1 Quote Link to comment Share on other sites More sharing options...
Huey Posted September 6 Share Posted September 6 21 minutes ago, mikeynz said: I fully support people betting with our lot, but I also support choice, once any organization gains a monopoly they call the shots. I fully support betting with the TAB also , with a better website. The last one was even better , old people like me its a mess to use. How am I supposed to get my CS Ruakaka Tips on that website? Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 6 hours ago, curious said: I'd say so. They seemed pretty confident about it. Not sure of detail on the proposed legislation, but if it meets the Entain requirements for payment of the extra $100m, then the extra funding adds up. One of the criteria for that in the deal is that the legislation must be enforceable. Only said expect an announcement? Won’t happen. Quote Link to comment Share on other sites More sharing options...
curious Posted September 7 Author Share Posted September 7 4 minutes ago, Newmarket said: Only said expect an announcement? Won’t happen. Why not? Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 2 minutes ago, curious said: Why not? Come on, do you really think the Government will introduce Geo Blocking just so the NZ TAB can greedily scoop the pool? Auckland Casino reckon they lose $250 mill to overseas operators too… so you reckon they will prosper too? Then you have Trademe and local retailers complaining about eBay, Temu…. So we gonna ban them too. As well as anything else you can buy online, especially smaller items that don’t cop extra tax? Below are the only Countries to Geo Block, you wanna join the club? Iran, Russia, Sudan, Syria,Brazil & China? 1 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 37 minutes ago, curious said: Why not? Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 Just now, Newmarket said: 🤣😂🫣 Quote Link to comment Share on other sites More sharing options...
curious Posted September 7 Author Share Posted September 7 But the money they've allowed for is coming from the Entain payment, not from any recaptured overseas wagering turnover. I agree with mardigras on that. 1 Quote Link to comment Share on other sites More sharing options...
mikeynz Posted September 7 Share Posted September 7 Don't think it's a good look offering a organisation a large payout if the Government legislate a change in the law just to help a select few. 1 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 2 hours ago, curious said: But the money they've allowed for is coming from the Entain payment, not from any recaptured overseas wagering turnover. I agree with mardigras on that. Of course, you always agreed with Mard…. It was sickening. Come on, of course it’s coming from punters Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 18 minutes ago, mikeynz said: Don't think it's a good look offering a organisation a large payout if the Government legislate a change in the law just to help a select few. Especially during Gambling Awareness week. TAB already under the pump this week…. Targeting young punters with Betcha. Entain only got this deal when that clown from Labour sold the TABs soul….National wont allow it Quote Link to comment Share on other sites More sharing options...
curious Posted September 7 Author Share Posted September 7 1 hour ago, Newmarket said: Of course, you always agreed with Mard…. It was sickening. Come on, of course it’s coming from punters It may do in the future, but the money they are counting on is the NZTR share of the additional $100m from Entain that was part of the deal. "Initial consideration of NZ$160 million, with a further NZ$100 million payable subject to legislative geo-blocking implementation". Quote Link to comment Share on other sites More sharing options...
curious Posted September 7 Author Share Posted September 7 1 hour ago, Newmarket said: Especially during Gambling Awareness week. TAB already under the pump this week…. Targeting young punters with Betcha. Entain only got this deal when that clown from Labour sold the TABs soul….National wont allow it So you think National won't pass the geo-blocking legislation? Quote Link to comment Share on other sites More sharing options...
Newmarket Posted September 7 Share Posted September 7 3 hours ago, curious said: It may do in the future, but the money they are counting on is the NZTR share of the additional $100m from Entain that was part of the deal. "Initial consideration of NZ$160 million, with a further NZ$100 million payable subject to legislative geo-blocking implementation". The only reason Entain wants Geo Blocking is to take control of NZ punters….even you know that if they had control, odds will be less than now… so would be raking it in. Quote Link to comment Share on other sites More sharing options...
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