J Allen Gone - CEO of NZRB (RITA) Resigns

[Agent54]

To be fair...be the best money the industry has spent...and as long as Saville and Thomas go too then we can finally see some progress

[Chief Stipe]

Saville needs to be investigated 

[Kopia]

According to a very good source at Riccarton yesterday Allen is going to have to deliver a nasty going away present this week...turnover massively down in NZ. Don't lose any sleep john, just count your bucks mate!

[Freda]

16 minutes ago, Kopia said:

According to a very good source at Riccarton yesterday Allen is going to have to deliver a nasty going away present this week...turnover massively down in NZ. Don't lose any sleep john, just count your bucks mate!

Shouldn't be any surprise,  surely ?    Anyone expecting a rise in stakemoney - as some still are -  must be living in a chocolate box.

[Mark D]

And lets not forget the brilliant decision made by the political savvy tandem of Hughes/Allen of borrowing money on the basis of expecting to get the racefields legislation passed in an election year. 

[curious]

1 hour ago, Kopia said:

According to a very good source at Riccarton yesterday Allen is going to have to deliver a nasty going away present this week...turnover massively down in NZ. Don't lose any sleep john, just count your bucks mate!

Worse than turnover ... profit. Down $37m on wagering as I understand it.

[Mark D]

So no big bonanza from fixed odds - what a surprise

[RaceChat]

Yes, they  generally  allow you to  resign before  being  pushed