BitofaLegend Posted March 4 Posted March 4 Another month. Another month of no action. Heard GRNZ are officially challenging it legally but I doubt thatll hold up. Quote
Overit Posted March 4 Author Posted March 4 42 minutes ago, BitofaLegend said: Another month. Another month of no action. Heard GRNZ are officially challenging it legally but I doubt thatll hold up. I doubt the GRNZ are capable of fighting it. Quote
kizanan Posted March 4 Posted March 4 Bitofa"legend" says another month...another month of "no action" but then goes on to say they heard GRNZ is legally fighting it. Most of the muppets on here believe rumour and inuendo like its coming out of a tap, so with that belief - that would mean there has been "action" then, no? Maybe they just don't like telling you what's going on hahaha. Quote
Chief Stipe Posted March 4 Posted March 4 25 minutes ago, kizanan said: Most of the muppets on here believe rumour and inuendo like its coming out of a tap, so with that belief - that would mean there has been "action" then, no? Maybe they just don't like telling you what's going on hahaha. Instead of calling everyone a muppet (while sounding like one) why not tell us all what you DO know? 2 Quote
BitofaLegend Posted March 5 Posted March 5 (edited) 6 hours ago, kizanan said: Bitofa"legend" says another month...another month of "no action" but then goes on to say they heard GRNZ is legally fighting it. Most of the muppets on here believe rumour and inuendo like its coming out of a tap, so with that belief - that would mean there has been "action" then, no? Maybe they just don't like telling you what's going on hahaha. Ive heard from a trainer theres been rumblings but these were just rumours so taken with a grain of salt. Spoke to someone else who owns 6+ dogs and has 2 brood bitches with litters on the ground today, said he was told last week GRNZ know as much as the public does at this point. Wont even offer him any gaurantees about anything. And theres nothing stated publicly either. So definetly another month without anything official happening. I take it your on the board or work at GRNZ to be this defensive about the lack of action. Edited March 5 by BitofaLegend Quote
BitofaLegend Posted March 5 Posted March 5 20 hours ago, Overit said: I doubt the GRNZ are capable of fighting it. They have about 15m in the bank 🤣 surely could take some of this and put it towards lawyer fees. Who knows what happens to the money once racing stops Quote
curious Posted March 5 Posted March 5 35 minutes ago, BitofaLegend said: They have about 15m in the bank 🤣 surely could take some of this and put it towards lawyer fees. Who knows what happens to the money once racing stops Rehoming? Re-employment of participants? Quote
Chief Stipe Posted March 5 Posted March 5 8 minutes ago, curious said: Rehoming? Re-employment of participants? Defeatist. Surely it will go to NZTR to fund track upgrades? 1 Quote
Overit Posted March 16 Author Posted March 16 Heard that the Harness Racing Club in Addington has stopped all race meetings with Christchurch Greyhounds in the future. If there is any truth to this, what a disgrace they are, and surely the TAB have the say where and who hold meetings. 1 Quote
Yes Yes No Posted March 16 Posted March 16 (edited) Addington don’t like their patrons having to look at the stop the lies stop the ban shirts,and also the signs stop the ban on semaphore board.Gutless pricks. Maybe it’s time the greyhound guys stopped spending at Spectators Edited March 16 by Yes Yes No Add extra Quote
Overit Posted March 16 Author Posted March 16 16 minutes ago, Yes Yes No said: Addington don’t like their patrons having to look at the stop the lies stop the ban shirts,and also the signs stop the ban on semaphore board.Gutless pricks. Maybe it’s time the greyhound guys stopped spending at Spectators Guessing Spectators is the bar on course ? Agree in not supporting the outfit if run and owned by Addington Quote
Chief Stipe Posted March 16 Posted March 16 19 hours ago, Overit said: Heard that the Harness Racing Club in Addington has stopped all race meetings with Christchurch Greyhounds in the future. If there is any truth to this, what a disgrace they are, and surely the TAB have the say where and who hold meetings. Racing there tomorrow are they not? Or is it a TAB phantom meeting? Quote
Overit Posted March 17 Author Posted March 17 23 hours ago, Overit said: Heard that the Harness Racing Club in Addington has stopped all race meetings with Christchurch Greyhounds in the future. If there is any truth to this, what a disgrace they are, and surely the TAB have the say where and who hold meetings. Sorry error on post meant to type Duel codes not all race meetings Quote
Overit Posted March 18 Author Posted March 18 1 hour ago, Yes Yes No said: Reading in black and white is sad. Thanks for this where is this post available to view Quote
Yes Yes No Posted March 19 Posted March 19 It’s on our private group page on Facebook. Wanted to share as I really don’t think people believe the shit we have to put up with from the other two codes. Quote
BitofaLegend Posted March 19 Posted March 19 3 hours ago, Yes Yes No said: Beat me to it. Disgraceful. Quote
westbrew Posted March 20 Posted March 20 If you do a back of the envelop sums from the last time the TAB provided any reasonable data in their financial accounts Prob 19/20 racing year, as long as Entain NZ continue to take Greyhound racing from Aust, the other two codes will be financially better off when Greyhound racing in NZ is closed down, Im sure they have both done the sums, plus now it is obvious that once the 50/50 split comes there is a fiscal whole to be filled, the other two codes are basically saying its every man for himself, and guess what the 50/50 split looks much better cut 2 ways instead of three. Quote
Freda Posted March 20 Posted March 20 16 hours ago, westbrew said: If you do a back of the envelop sums from the last time the TAB provided any reasonable data in their financial accounts Prob 19/20 racing year, as long as Entain NZ continue to take Greyhound racing from Aust, the other two codes will be financially better off when Greyhound racing in NZ is closed down, Im sure they have both done the sums, plus now it is obvious that once the 50/50 split comes there is a fiscal whole to be filled, the other two codes are basically saying its every man for himself, and guess what the 50/50 split looks much better cut 2 ways instead of three. I would have thought any contribution to turnover from anywhere would help the bottom line. Quote
westbrew Posted March 20 Posted March 20 Unfortunately for Greyhounds its the profit distribution of the turnover, in simple terms the TAB makes profit from domestic racing, offshore racing, sports and pokies, at the end of the year profit was paid out at about give or take 19% to Greys, 26% harness 55% TB, the only turnover and profit that will be lost will be domestic Greyhounds, and the sad reality is that the 20% of profit greyhounds was getting from sports, pokies, plus the revenue from offshore greyhounds adds up to a lot more than the profit being made on domestic greyhounds, thus the other two codes will be much better off to the tune of millions of dollars, plus take the RIB for example according to TAB accounts 14m last year you would think there is a saving of 3 or 4 million just there alone once Greyhounds are gone. Now after seeing the TAB accounts for last year it is very clear that the 50/50 split at the end of the 5 years is a fiscal cliff, already with have the backtrack on pokies to keep that income stream, and now looking at the numbers the geo block has gone from being cream on the cake, to actually needed to be able to deliver any chance of the two remaining codes profit distribution they are getting this year being able to be met in 3 years time, Thus the minister in all likely hood has signed off on the demise of Greyhounds to minimize the fiscal cliff for Harness and TB. 1 Quote
Chief Stipe Posted March 21 Posted March 21 On 21/03/2025 at 10:56 AM, westbrew said: Now after seeing the TAB accounts for last year it is very clear that the 50/50 split at the end of the 5 years is a fiscal cliff, already with have the backtrack on pokies to keep that income stream, and now looking at the numbers the geo block has gone from being cream on the cake, to actually needed to be able to deliver any chance of the two remaining codes profit distribution they are getting this year being able to be met in 3 years time, Thus the minister in all likely hood has signed off on the demise of Greyhounds to minimize the fiscal cliff for Harness and TB. Correct. Both Thoroughbreds and Harness at the moment can expect to have their revenue reduce to a quarter of what it is now as it is heavily subsidised by ENTAIN to the tune of 100%. The horse codes can't expect the revenue to have improved 100% on what they were getting prior to ENTAIN therefore the revenue will drop back to what it was then which is half today's funding. However TABNZ signed a deal that gives ENTAIN 50% of the profits therefore the horse codes will get only 25% of what they have now. The only issue with ditching dogs is they are a bridgehead and a distraction. The anti-mob will regroup and target Harness now and if the revenue figures are correct Harness will fold very quickly. 1 Quote
Overit Posted March 22 Author Posted March 22 6 hours ago, Chief Stipe said: Correct. Both Thoroughbreds and Harness at the moment can expect to have their revenue reduce to a quarter of what it is now as it is heavily subsidised by ENTAIN to the tune of 100%. The horse codes can't expect the revenue to have improved 100% on what they were getting prior to ENTAIN therefore the revenue will drop back to what it was then which is half today's funding. However TABNZ signed a deal that gives ENTAIN 50% of the profits therefore the horse codes will get only 25% of what they have now. The only issue with ditching dogs is they are a bridgehead and a distraction. The anti-mob will regroup and target Harness now and if the revenue figures are correct Harness will fold very quickly. Agree harness will be next with antis as sad as it is. Quote
Yes Yes No Posted March 22 Posted March 22 Wouldn’t it be great to see the other 2 codes supporting this….yeah right 1 Quote
BitofaLegend Posted March 22 Posted March 22 13 hours ago, Yes Yes No said: Wouldn’t it be great to see the other 2 codes supporting this….yeah right What kind of banner is "you go woke, we go broke". Arent going to get alot of public support with banners like that 2 Quote
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