Entain cutting costs! Writing on the wall?

[Brodie]

I have read where Entain is cutting costs like laying off many staff in Australasia,

Reality I dont believe has hit home at any stage with HRNZ that their woeful handling of the Entain cash splash is going to be a nail in the coffin of harness racing in many parts of NZ!

Just do not get it that these people on big salaries at the TAB and HRNZ are just not intelligent enough to acknowledge that they have stuffed up!

Anyway not happy that some of us are going to be proven right when Entain  does pull the pin on all this funding as it will affect so many in the industry hugely.

Not sure it is a particularly financially sound idea to be breeding standardbreds this year, as by the time they are old enough to race they will be racing for significantly lower stakes unfortunately.

The Entain deal has been mishandled shockingly and we have been telling them this for a long time,  but then we arent on the pay roll on big salaries and trying to make things look better than they actually are!

[Gammalite]

Not as bad as what you think all the time Brodster.  NZ harness is near Best in the world.

Because you have Great people running it and participating in it. 

Better to put money up for the participants by a betting company ? , than Not put any up lol. 🤣😂  5 years or 20 years , some is better than none 😁

They make millions from the betting mate. NZ harness just a small pimple on their radar. Aus harness even less of a problem for them , so they use their Sub branch of LADBROKES to support the Aussie harness . all year. every year.

Don't worry if they cut funding . It'll stop the Aussie 's coming and taking most of it 😂, and your 'Bush' racing for average money will just continue on as if nothing as happened.

Most Clubs have SPONSORS Brodster. They'll get the chance to chip in and support the industry again . Feed companies like the amazing QLD Garrards Horse and Hound already sponsor NZ for many hundreds of thousands annually. 

PRYDE Feeds sponsor the Big Victoria racing nights , and all the Group 1's. Vic still makes a loss annually because betting is a lot less these days , and not as prevalent as it once was. 

It's not just betting agencies that will keep you going . It's ALL THOSE OTHER INTERESTED PARTIES AS WELL.

The Studs (farms) and their Millionaires proprietors sponsor PLENTY already. Plenty of Sires Stakes racing.

Has happened for years . Long before Entain came along. TAB didn't run the show . HRNZ do. get with the program.  

[Brodie]

31 minutes ago, Gammalite said:

Not as bad as what you think all the time Brodster.  NZ harness is near Best in the world.

Because you have Great people running it and participating in it. 

Better to put money up for the participants by a betting company ? , than Not put any up lol. 🤣😂  5 years or 20 years , some is better than none 😁

They make millions from the betting mate. NZ harness just a small pimple on their radar. Aus harness even less of a problem for them , so they use their Sub branch of LADBROKES to support the Aussie harness . all year. every year.

Don't worry if they cut funding . It'll stop the Aussie 's coming and taking most of it 😂, and your 'Bush' racing for average money will just continue on as if nothing as happened.

Most Clubs have SPONSORS Brodster. They'll get the chance to chip in and support the industry again . Feed companies like the amazing QLD Garrards Horse and Hound already sponsor NZ for many hundreds of thousands annually. 

PRYDE Feeds sponsor the Big Victoria racing nights , and all the Group 1's. Vic still makes a loss annually because betting is a lot less these days , and not as prevalent as it once was. 

It's not just betting agencies that will keep you going . It's ALL THOSE OTHER INTERESTED PARTIES AS WELL.

The Studs (farms) and their Millionaires proprietors sponsor PLENTY already. Plenty of Sires Stakes racing.

Has happened for years . Long before Entain came along. TAB didn't run the show . HRNZ do. get with the program.  

Gamma, can not agree with you on several points you have made!

Do not believe that NZ has great people running the racing in NZ!

They may be nice people but many of them have not the business or financial success or sense that we require at the moment.

Many of the decisions that have been made have in my humble opinion been very poor, and the industry is going to suffer big time in the next year or two.

Several of the posters on BOAY do have the harness racing industry best interests at heart, whereas it appears the ones being paid are only there to collect salaries.

Many examples of this that I have pointed out in the past, and there is quite a list which have been poor and detrimental to racing infustry.

Australia is a much larger country obviously than NZ, and I do not believe we have anyone  or business that will be able to sustain making large payments to make racing sustainable in the future.

Havent heard anything from the committee that Winstone tried to form to brainstorm to help racing?

Sorry Gamma, but like so many others in NZ, we have no confidence in the ones making the vital decisions currently.

They actually need people who have run successful businesses in the past, as we just havent had that for a long time if at all?

Mates getting the jobs without a proven track record just does not work nowadays, despite what they like to do.

Brodie just telling it the way it appears!

 

 

Edited 22 minutes ago by Brodie