Chief Stipe Posted November 18, 2019 Share Posted November 18, 2019 Is substantially increasing top end stakes while turnover and revenue is declining a mistake for OZ? It was for NZ. Granted though OZ seem to have a more efficient operating model than we do. Plus they have invested huge amounts in new infrastructure. Quote Link to comment Share on other sites More sharing options...
Joe Bloggs Posted November 18, 2019 Share Posted November 18, 2019 I think in the short term, Victoria do have a potentially massive problem....the POC tax is too high (compared to NSW) and punters, professional and casual alike, are backing off and reverting to sports betting (I seem to think I've seen this somewhere before???) and the other fees & taxes are not providing punters with any value....also Racing Victoria has appeared to have ceased with "non TAB" meetings to ensure they capture every last dollar from the punter. This has a rather dramatic knock on effect for owners....in other words, if you have a BM60 or less, they are telling you to sell because they are not catering for this level of horse. So with all of this going on, and a reduced amount going through the till, YES, they do have a potential problem...but no one wants to address it... Expect the same to happen in QLD....the POC tax is way too high and with reduced amounts going through the TAB, it will not be too long before the prizemoney is cut... All in all, its just a sugar hit...which has to come to an end....but how can the racing industry now go back to their respective governments and admit they advised incorrectly on the POC tax and the level it should be applied at??? That's the dilemma... Where Australia is different from NZ, they have a gambling mentality....that's where Messara got it wrong.... Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted November 18, 2019 Author Share Posted November 18, 2019 I agree with all your points. Although it does seem that Vic and NSW still have non-TAB race meetings. Quote Link to comment Share on other sites More sharing options...
Kopia Posted November 18, 2019 Share Posted November 18, 2019 I just happenned to switch Trackside on last night...the RITA AGM was being broadcast ( delayed ). I'm still trying to figure out what was said. No wonder that guy John Allen is standing down, his address was disgraceful, like a kid standing up at primary school and having to give a speech in front of other kids. I don't believe these people have got a clue, in fact it appears their main hope is still to sell other peoples' property and take the money. Have a read of what Berri has to say on the other channel. I think he's hit the nail on the head, this bunch of loser politicians calling itself a Govt don't really want to touch racing, they are frightened by the PC brigade and the nutter Greens of being associated with 'animal exploitation' and 'torture' etc etc..I hope for the industries sake that the rumours again doing the rounds about stake DECREASES aren't correct. Quote Link to comment Share on other sites More sharing options...
mardigras Posted November 18, 2019 Share Posted November 18, 2019 2 minutes ago, Kopia said: .I hope for the industries sake that the rumours again doing the rounds about stake DECREASES aren't correct. They should have reduced the number of races run each year. The current model and stake levels are unsustainable. Leave low grade races the same, remove tiered racing and heavily reduce black type stake. Become a nursery for Australian/HK racing. 1 1 Quote Link to comment Share on other sites More sharing options...
JJ Flash Posted November 18, 2019 Share Posted November 18, 2019 14 minutes ago, mardigras said: Become a nursery for Australian/HK racing. Are we not that already. You might want to add in Korea ,Malaysia and China for the slow ones. Singapore was also a nice mid tier country for our product but the arrival of the local Casino has seen things go predictably the other way. Sound familiar Greg Quote Link to comment Share on other sites More sharing options...
mardigras Posted November 18, 2019 Share Posted November 18, 2019 12 minutes ago, JJ Flash said: Are we not that already. You might want to add in Korea ,Malaysia and China for the slow ones. Singapore was also a nice mid tier country for our product but the arrival of the local Casino has seen things go predictably the other way. Sound familiar Greg We are, but the industry leaders and many involved in the industry don't want to accept that. So they try to maintain the facade that we are beyond what we now are. Quote Link to comment Share on other sites More sharing options...
nomates Posted November 19, 2019 Share Posted November 19, 2019 1 hour ago, Kopia said: I just happenned to switch Trackside on last night...the RITA AGM was being broadcast ( delayed ). I'm still trying to figure out what was said. No wonder that guy John Allen is standing down, his address was disgraceful, like a kid standing up at primary school and having to give a speech in front of other kids. I don't believe these people have got a clue, in fact it appears their main hope is still to sell other peoples' property and take the money. Have a read of what Berri has to say on the other channel. I think he's hit the nail on the head, this bunch of loser politicians calling itself a Govt don't really want to touch racing, they are frightened by the PC brigade and the nutter Greens of being associated with 'animal exploitation' and 'torture' etc etc..I hope for the industries sake that the rumours again doing the rounds about stake DECREASES aren't correct. I agree with all of your sentiments , the only bit i don't get from a racing point of is the Labour bashing , i say this as simply because the whole of parliament is a bunch of loser politicians and whilst i don't disagree with your sentiments your having a joke if you think there is 1,2,25 politicians or a whole party that gives a flying feck about the past , present or future of NZ racing . You can say the present coalition is this or that , but if you or anybody else thinks that National or any grubby makeup of politicians in the future are going to go to bat for this ailing industry then your sadly deluded . National's history in the past 30 years in regards racing is beyond poor . At least this lot are trying something , i don't agree what their doing but to think the other bunch of loser politicians are any better is plain wrong . 1 Quote Link to comment Share on other sites More sharing options...
Freda Posted November 19, 2019 Share Posted November 19, 2019 28 minutes ago, nomates said: I agree with all of your sentiments , the only bit i don't get from a racing point of is the Labour bashing , i say this as simply because the whole of parliament is a bunch of loser politicians and whilst i don't disagree with your sentiments your having a joke if you think there is 1,2,25 politicians or a whole party that gives a flying feck about the past , present or future of NZ racing . You can say the present coalition is this or that , but if you or anybody else thinks that National or any grubby makeup of politicians in the future are going to go to bat for this ailing industry then your sadly deluded . National's history in the past 30 years in regards racing is beyond poor . At least this lot are trying something , i don't agree what their doing but to think the other bunch of loser politicians are any better is plain wrong . The only additional comment I feel I must make [ and I'm not an apologist for National in this regard ] is that successive Ministers of either persuasion have said ' racing, get your house in order' . Annnette King is on record as saying that help was beyond her, as getting consensus from industry factions was impossible. And therein lies the biggest problem [ apart from RITA ] - the governing model of Throughbred racing is so bad that nicking other people's assets , although morally reprehensible, remains the only way to garner extra money. ....which, as the business model is so poor, will go down the same gurgler as all the rest. Quote Link to comment Share on other sites More sharing options...
nomates Posted November 19, 2019 Share Posted November 19, 2019 19 minutes ago, Freda said: The only additional comment I feel I must make [ and I'm not an apologist for National in this regard ] is that successive Ministers of either persuasion have said ' racing, get your house in order' . Annnette King is on record as saying that help was beyond her, as getting consensus from industry factions was impossible. And therein lies the biggest problem [ apart from RITA ] - the governing model of Throughbred racing is so bad that nicking other people's assets , although morally reprehensible, remains the only way to garner extra money. ....which, as the business model is so poor, will go down the same gurgler as all the rest. My issue is bashing one bunch of reprehensibles as worse than the other bunch of reprehensibles is pointless . I agree this industry hasn't helped it self , previous and present industy sector participants that have had the position and some say or power to help improve and fight for the industry have continualy self served , to this day i have absolutly no idea what the point of the trainers assn is , one of the most toothless organisations i have ever seen . As much as the politicians have said "get your house in order" it is hard when they were the one's appointing the the board , i'm sure if the industry had some say in the make up in the board it would had a substantially different look . RITA is no different , i have yet to talk to anyone who says they have full (part) confidence that anything is really going to change because of a name change . 1 Quote Link to comment Share on other sites More sharing options...
Freda Posted November 19, 2019 Share Posted November 19, 2019 1 hour ago, nomates said: My issue is bashing one bunch of reprehensibles as worse than the other bunch of reprehensibles is pointless . I agree this industry hasn't helped it self , previous and present industy sector participants that have had the position and some say or power to help improve and fight for the industry have continualy self served , to this day i have absolutly no idea what the point of the trainers assn is , one of the most toothless organisations i have ever seen . As much as the politicians have said "get your house in order" it is hard when they were the one's appointing the the board , i'm sure if the industry had some say in the make up in the board it would had a substantially different look . RITA is no different , i have yet to talk to anyone who says they have full (part) confidence that anything is really going to change because of a name change . Politicians have only been involved in the R.B.....the board of NZTR - and the useless members' council - has eff all to do with them. We've sat on our hands and allowed things to develop in the way they have. I've had a prominent local trainer tell me NZTR is 'doing a great job' ....so go figure. 1 Quote Link to comment Share on other sites More sharing options...
nomates Posted November 19, 2019 Share Posted November 19, 2019 17 minutes ago, Freda said: Politicians have only been involved in the R.B.....the board of NZTR - and the useless members' council - has eff all to do with them. We've sat on our hands and allowed things to develop in the way they have. I've had a prominent local trainer tell me NZTR is 'doing a great job' ....so go figure. Haha , yea i've heard the same re NZTR . I talked to a number of studmasters before season as was looking at breeding a mare and was amazed at the fact nearly all thought the Messara report had to be implimented for there to be any future for racing in NZ . I thought some people are completely out of touch with the reality , and i say that knowing it could be me . 5 years down the track i could be saying jeez what did i know . In the end those discussions helped me make up my mind that it was definitly time to pull pin , mare now up northland as show horse . 1 Quote Link to comment Share on other sites More sharing options...
Joe Bloggs Posted November 19, 2019 Share Posted November 19, 2019 17 hours ago, Freda said: Politicians have only been involved in the R.B.....the board of NZTR - and the useless members' council - has eff all to do with them. We've sat on our hands and allowed things to develop in the way they have. I've had a prominent local trainer tell me NZTR is 'doing a great job' ....so go figure. If that ''prominent' local trainer is who I think it is, his thought process is irrelevant ! Came into racing without one iota of racing knowledge and trains by attrition, say's it all......how many mistakes did he bury? if he thinks NZTR is doing a great job the dick should be 'outed' named and shamed, what a joke and how demoralising and insulting is that to all of us that have been maimed, financially and emotionally by NZTR/RB and now the joke that is RITA. 1 Quote Link to comment Share on other sites More sharing options...
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