Geo blocking helped increase

[curious]

From the "Size and Scope of NZ Racing 2022–23" report 

 

• Total Domestic Racing Turnover: $1.28 billion
  • Tote (Totalisator) Turnover: $735 million (~57%)
  • Fixed Odds Turnover: $545 million (~43%)

[curious]

2023/24 Turnover Breakdown

• Total Domestic Racing Turnover: $1.31 billion
  • Tote (Totalisator) Turnover: $720 million (~55%)
  • Fixed Odds Turnover: $590 million (~45%)

 

So yes. It's definitely BS.

Edited Monday at 12:04 AM by curious

[Chief Stipe]

5 minutes ago, curious said:

2023/24 Turnover Breakdown

• Total Domestic Racing Turnover: $1.31 billion
  • Tote (Totalisator) Turnover: $720 million (~55%)
  • Fixed Odds Turnover: $590 million (~45%)

 

So yes. It's definitely BS.

Then why didn't you post those figures earlier?  BTW you seem to have forgotten your research disciplines.  Where are the source cites?

[curious]

2 minutes ago, Chief Stipe said:

Then why didn't you post those figures earlier?  BTW you seem to have forgotten your research disciplines.  Where are the source cites?

If you read, it's there for 22/23. 23/24 is in the NZTR annual report

[Nowornever]

4 hours ago, Chief Stipe said:

Based on what?  

Educated guess!

[curious]

On 22/08/2025 at 11:54 AM, mikeynz said:

I would believe those figures if every meeting was individually displayed in all its glory somsomewhere.

Here ya go @mikeynz

 

[curious]

By my calculations, if you remove the 2 extra FY25 meetings, that represents an increase of 13.3% YOY turnover.

Extrapolating from that and applying the same increase to say $400m GBR, assuming margins remain stable, that would mean an annual increase of about $50m GBR.

Of course, not all of that is due to the online monopoly. Some has come from CPI, increased marketing etc., but even if it were, it is still only about 1/2 the predicted recapture at this stage.

Edited Monday at 04:14 PM by curious