NZTR season KPIs

[curious]

Https://bitofayarn.com

Https://bitofayarn.com

[curious]

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

Edited yesterday at 05:24 AM by curious

[Chief Stipe]

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.

[curious]

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

 

[curious]

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

[curious]

And remember that NZ racing will only get half of that from 2028

 

[Newmarket]

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..

[Chief Stipe]

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?

[mikeynz]

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 yesterday at 08:40 AM by mikeynz

[Newmarket]

1 hour ago, Chief Stipe said:

Your point?

My point is Curious provides the facts while you celebrate….

[Chief Stipe]

12 hours ago, curious said:

And remember that NZ racing will only get half of that from 2028

 

What half of the Gross or half of the Net?

[curious]

53 minutes ago, Chief Stipe said:

What half of the Gross or half of the Net?

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

[Chief Stipe]

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.  

[curious]

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 14 hours ago by curious

[Chief Stipe]

2 hours ago, curious said:

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

Depends on what the deal was.  Is 50% GBR, NBR or Gross Profit?  Do your GBR figures include Sports?  Actually I should ask Racing's new Prince of Darknes @Newmarket - he allegedly has all the facts.

[curious]

1 hour ago, Chief Stipe said:

Depends on what the deal was.  Is 50% GBR, NBR or Gross Profit?  Do your GBR figures include Sports?  Actually I should ask Racing's new Prince of Darknes @Newmarket - he allegedly has all the facts.

Yes that includes sports betting. It's 50% GBR, Im pretty sure.

[Brodie]

What is the betting turnover doing?

Would surely be inflated by the turnover from Bonus Bets etc?

The thing is that the NZ TAB could be increased substantially if they acted with ethics and allowed their loyal punters to wager with them  reasonable amounts, rather than by limiting the amounts they are allowed to pathetic amounts.

Their business plan is hugely flawed and it will backfire on them unfortunately!