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Posted (edited)

Critical one GBR, up 1.2%, well below CPI. Take no responsibility by way of the product but blame it on FO margins :)

Edited by curious
  • Haha 1
Posted
1 hour ago, curious said:

Critical one GBR, up 1.2%, well below CPI. Take no responsibility by way of the product but blame it on FO margins :)

But better than last year and WAY better than the old TAB.

Posted
6 minutes ago, curious said:

Where do you get that from? Overall I have the GBR peak in 20/21, flat since then.

 

Financial Year TAB NZ Gross Betting Revenue (NZ$ million)
2019/20 315
2020/21 385
2021/22 380
2022/23 376
2023/24

371

Posted

Good job Curious …..no wonder all the surveys etc…..

NZ TAB  thought with geo blocking 💰 would come flooding back…. not going that well is it. Then they lose the doggy revenue, and those involved in the sport may also not bet again..

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Posted
23 minutes ago, Newmarket said:

Good job Curious …..no wonder all the surveys etc…..

NZ TAB  thought with geo blocking 💰 would come flooding back…. not going that well is it. Then they lose the doggy revenue, and those involved in the sport may also not bet again..

Your point?

Posted (edited)

I imagine the FYR  figures are Aug 1 till July 31 but these figures are incomplete for the season, so more to come, I think, or is based up to same time last year?

Edited by mikeynz
Posted
1 hour ago, curious said:

I thought it was 50% GBR isn't it?

I can't remember BUT I'm pretty sure that ENTAIN have significantly cut operating costs with more to come in the next 12 months.

Critics forget that the TAB was technically insolvent before the Government bailed them out.  The ENTAIN deal was a good one under the circumstances as I doubt there were more than 1 or 2 interested in the sale.

The biggest concern is the sweetners offered to ENTAIN to get the deal over the line and if those don't eventuate if there are "get out" clauses.  

Posted (edited)
9 minutes ago, Chief Stipe said:

I can't remember BUT I'm pretty sure that ENTAIN have significantly cut operating costs with more to come in the next 12 months.

That's definitely Entain's saving from their share. Won't accrue anything to NZTAB/NZracing.

Edited by curious

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