Chief Stipe Posted August 17 Posted August 17 So where did you get the $10.8m personnel and associated cost from? Quote
Newmarket Posted August 17 Posted August 17 GBR down??? Come on, Entain has had no competition from overseas bookies now for over 2 months…. they should be creaming it 🫣 Quote
curious Posted August 17 Author Posted August 17 3 minutes ago, Chief Stipe said: So where did you get the $10.8m personnel and associated cost from? If you bothered to look, you'd see I corrected that to 5.7m. Quote
Chief Stipe Posted August 17 Posted August 17 3 minutes ago, Newmarket said: GBR down??? Come on, Entain has had no competition from overseas bookies now for over 2 months…. they should be creaming it 🫣 Perhaps it would have been worse. You obviously didn't understand consolidated accounts. For all you know the first 5 months might have been crap and the last month more than "creaming it". 1 Quote
Chief Stipe Posted August 17 Posted August 17 3 minutes ago, curious said: If you bothered to look, you'd see I corrected that to 5.7m. Why didn't you get it right the first time? Quote
Newmarket Posted August 17 Posted August 17 20 minutes ago, Chief Stipe said: Why didn't you get it right the first time? Why didnt you post it 1 Quote
Chief Stipe Posted August 17 Posted August 17 33 minutes ago, Newmarket said: Why didnt you post it I read the annual report and provided the correct figure. Quote
Newmarket Posted August 19 Posted August 19 Hey Chief…. how come you have not mentioned anything about Entains upcoming Austrac hearing…. 640 pages and not good reading. There is a common theme with Entain, they go hard out offering promos and deposit match deals, then turn them off. That is the reason they are now struggling in Aus, NZ will follow suit. No way will Entain be able to have NZ punters betting on Aus dog racing, it will not happen, more money gone…. So while your jumping up and down creaming your Y front jocks….and if Entain NZ do get 12% growth for the next year, its a far cry from what they expected to recoup stopping NZ punters offloading overseas Quote
curious Posted August 19 Author Posted August 19 20 minutes ago, Newmarket said: Hey Chief…. how come you have not mentioned anything about Entains upcoming Austrac hearing…. 640 pages and not good reading. There is a common theme with Entain, they go hard out offering promos and deposit match deals, then turn them off. That is the reason they are now struggling in Aus, NZ will follow suit. No way will Entain be able to have NZ punters betting on Aus dog racing, it will not happen, more money gone…. So while your jumping up and down creaming your Y front jocks….and if Entain NZ do get 12% growth for the next year, its a far cry from what they expected to recoup stopping NZ punters offloading overseas Do you already know the outcome of any mediation or if that was even required? I haven't seen anything. Quote
Chief Stipe Posted Tuesday at 06:54 PM Posted Tuesday at 06:54 PM 17 hours ago, Newmarket said: Hey Chief…. how come you have not mentioned anything about Entains upcoming Austrac hearing…. 640 pages and not good reading. The Prince of Darkness returns and again goes off half cocked. For your information I have mentioned in detail the AUSTRAC vs ENTAIN statement of claim and the associated process. There is a lengthy Thread on BOAY discussing the detail if you care to look for it. I doubt you have the stamina to read the full 640 pages let alone comprehend them especially relative to other cases AUSTRAC has taken on. If you had then you would have an understanding of the penalty precedents and where the ENTAIN case sits relative to those. The subjective term "not pretty" is meaningless. 17 hours ago, Newmarket said: There is a common theme with Entain, they go hard out offering promos and deposit match deals, then turn them off. That is the reason they are now struggling in Aus, NZ will follow suit. Not correct. A decline in wagering in OZ for a number of reasons has affected all agencies. Some more than others. ENTAIN is more profitable than most in OZ. The wagering decline has necessitated a review and adjustment of stakes. Nothing to do with freebie offers that your gambling is dependent upon. I doubt you realise that most offers reduce the value ofyour return anyway. 17 hours ago, Newmarket said: No way will Entain be able to have NZ punters betting on Aus dog racing, it will not happen, more money gone…. Why not? There is no legislation proposed to stop it. 17 hours ago, Newmarket said: So while your jumping up and down creaming your Y front jocks….and if Entain NZ do get 12% growth for the next year, its a far cry from what they expected to recoup stopping NZ punters offloading overseas You have no idea what ENTAIN was expecting as evident in your surprise that they have achieved a 12% increase in NGR when you were predicting a decline. If there is a disparity between what the TABNZ/NZ Government/DIA figures promised and other promises that were made as enticement to buy an insolvent business then perhaps ENTAIN has a potential claim against the Government. Winston might yet end up with egg on his face. Quote
curious Posted Tuesday at 07:36 PM Author Posted Tuesday at 07:36 PM 41 minutes ago, Chief Stipe said: Why not? There is no legislation proposed to stop it. Exactly. It's part of the business they bought isn't it? Quote
Chief Stipe Posted Tuesday at 10:26 PM Posted Tuesday at 10:26 PM 2 hours ago, curious said: Exactly. It's part of the business they bought isn't it? Yes but is ENTAIN entitled to compensation for losing NZ Greyhound revenue? Or did they know it was going to happen when they signed up? Banning betting on imported Greyhound racing would I think be a bridge to far this Government. However it has always been a risk for ENTAIN where on one side they have purchased a business with a monopoly license and all its benefits but on the other side that license is subject to political whims. Quote
curious Posted Tuesday at 10:33 PM Author Posted Tuesday at 10:33 PM 3 minutes ago, Chief Stipe said: Yes but is ENTAIN entitled to compensation for losing NZ Greyhound revenue? Or did they know it was going to happen when they signed up? Well they had to know it was probable. So, unless they put something in the contract for that eventuality, surely not entitled to compensation. Hardly likely to affect their business anyway. They can only conduct betting on events that are run. They can't control when or where or what. Quote
Chief Stipe Posted Tuesday at 10:38 PM Posted Tuesday at 10:38 PM 3 minutes ago, curious said: Well they had to know it was probable. So, unless they put something in the contract for that eventuality, surely not entitled to compensation. Hardly likely to affect their business anyway. It would if the Government banned betting on imported Greyhound racing wouldn't it? Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.