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Bit Of A Yarn

Sports betting tops Racing in February ...


TAB For Ever

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12 hours ago, TAB For Ever said:

In 2017 Sports betting was about 25 % of Total.

Slowly but surely Sports has gained ground , but not Racing [ 3 x codes]

In February Racing was flat with 2024  but Sports had nice increase and headed off Racing so + 50% of Total.

I thought you keep posting that things are going swimmingly?

Where did you get this information from?

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I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue  sports like Basketball and Tennis  wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants.     

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39 minutes ago, westbrew said:

the big question will be when do big revenue  sports like Basketball and Tennis  wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants.     

Because there are monopolies and there are monopolies.

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6 hours ago, The Centaur said:

What are you measuring? The net return or actual turnover.

I'm not measuring...just reading numbers off Entain monthly summary.

From memory [ about 2023 ] Sport was about 33% of total bet ,so one half of racing.

So beating Racing in February month quite an achievement IMO .

Maybe suggests with all the advertising , the public finds and understands sports much easier !

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5 hours ago, Chief Stipe said:

I thought you keep posting that things are going swimmingly?

Where did you get this information from?

NOw now ,

I just reading off Entains monthly report on February 2025 month.

And not a lot of 'big' Sport on so nothing unusual there. There was 29 days in February 2024 but shouldn't be too significant .

A lot of TAB advertising so sport result shows it swimming well !

Maybe the extra account users [ from Entain report] much prefer Sport and being extra cautious with their spend on racing.

IMO the sluggish economy ,uncertainty , job losses , school lunches fiasco , maybe parents had to spend to feed their kids.....and reading the doom and gloom on Racing Social media not encouraging people to do like Brodie.....and UNLOAD !

Still.....its a great time to be involved in Racing.....no time to be down in mouth about Betting Lull.......I can't fix that !

So swimming well...even in stormy sea today !

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1 hour ago, westbrew said:

I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue  sports like Basketball and Tennis  wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants.     

Sport in NZ does very well from TAB ...some minor NZ sports with little to no betting available on their NZ games ,now getting around $1 million into their coffers.

Basketball and Tennis in NZ among the top 5 sports with Rugby ,League and Football. NZ sports got $26 million last year !

NZ Basketball did well......$4.4 million

Ditto NZ Tennis...$1.858 mill

NZ Sports get a % of Turnover on  betting on their sport plus a % of Profit .

Plus when Entain took over ,they got a 'nice' Bonus payout which was much higher than they could of dreamed of !

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4 minutes ago, TAB For Ever said:

Sorry too busy....I still do volunteering in some sports at coalface and overall I treated as useful volunteers should be .....

Maybe a bit of honey would help from you...I dipped out on the Coffee 😃😃

You chose to "dip out on the coffee".  

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1 hour ago, TAB For Ever said:

I'm not measuring...just reading numbers off Entain monthly summary.

From memory [ about 2023 ] Sport was about 33% of total bet ,so one half of racing.

So beating Racing in February month quite an achievement IMO .

Maybe suggests with all the advertising , the public finds and understands sports much easier !

So are those figures you are reporting t/o or GBR?

Edited by curious
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17 hours ago, westbrew said:

I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue  sports like Basketball and Tennis  wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants.     

Agree…

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Just imagine NZ being added to this list of countries that geoblock. 
And if it’s so much of a good thing, why have the USA, Australia and the likes not followed? A few questions below for someone to comment on, thanks. 
 

1, Instead of Geoblocking, why can’t NZ Tab allow gambling from overseas punters, surely this would bring better results?

2, Is Entain on track to deliver funds to NZ racing? 
 

3, Will Geoblocking affect online casino gambling also? 
 

I find the thought of this very troubling, it’s like going backwards many years. Imagine if Trademe was the only online platform to purchase from in NZ, would be riots. Funny TAB state one of the reasons they want to Geoblock is they can keep an eye on problem gamblers, crock of shit. 
If they get monopoly, promotions will reduce or stop, take it or leave it style, which I think punters are sick of, that was main reason to open overseas accounts in first place….

IMG_0173.jpeg

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