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Bit Of A Yarn

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Posted
17 minutes ago, hesi said:

So all this extra money from Entain, the clubs do not even get the opportunity to use any of it on infrastructure

12 minutes ago, curious said:

Exactly. NZTR in their wisdom have applied almost all of it to stakes. Some of that in advance thanks to a deal with TABNZ to that effect and all despite the Messara recommendation for infrastructure spend during the 6 years while they were closing tracks.

Why should NZTR be responsible for funding Club infrastructure especially when there isn't enough revenue to go around?  

Posted
On 3/02/2026 at 1:38 PM, Chief Stipe said:

I don't believe it is hindsight more head in the sand and Clubs running as Clubs not businesses.  

Dead right about the head in the sand approach. That's what NZTR have being using for the last 2 decades whilst as a recent CEO told me, keeping on looking for the next pot of gold. They've tried the tax-payer, a corporate rescue, overseas product, pokies and now aiming at the online casino business. I'm afraid however, they may be coming to the end of a rainbow that has no pot of gold.

Clubs were run as businesses for a century living on their own earnings. As with all industries a few ran into financial difficulties from time to time, but few actually went out of business because of that.

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