Don't expect any increases in Stakes this coming year! Unless they rob a bank or get a handout again the money isn't there!

[Chief Stipe]

14 minutes ago, JJ Flash said:

Moaner number 1 attacks- there is a surprise.  Im at the coal face and happy with the higher stakes. Well done to NZTR  for distributing the funds which are going into stakes. Now if we could only get RacingNZ board sorted the TB's should get even more next season. Not that it would matter as you and your mates will still be moaning.

 

If you are at the coal face then you are obviously part of the problem.  Which coal face?  NZTR?  Where is their budget for the coming season?  

[JJ Flash]

1 minute ago, Chief Stipe said:

f you are at the coal face then you are obviously part of the problem

So owners are now the problem , well we all know you are not one of those. How are you and Howie getting on these days, you never answered that question when going on earlier about Te Akau?

[Chief Stipe]

1 minute ago, JJ Flash said:

I've posted elsewhere that the forecast distribution of $170 mio for the following season will probably be exceeded giving even more $$$ for the industry to play with.

How?  There was ZERO increase from racing wagering revenue this year where is the increased revenue coming from?  Can't come from another reduction in the levy as that is set in stone.  The BIUC is also highly speculative and dependent on overseas bookies paying.  I can't see any increase there.

So it can only come from wagering on racing revenue.  Good luck with that increase.

[Chief Stipe]

1 minute ago, JJ Flash said:

So owners are now the problem

Ok so you are an owner.  Good luck with getting a return!

But you aren't at the coal face - you aren't anywhere near it.

[Chief Stipe]

9 minutes ago, JJ Flash said:

That said, under the new Act NZTAB has nothing to do with what the codes do with their distributions. Its now solely up to the codes to decide where funds go

Good luck with your ill conceived plan to pillage from the other codes.  You can't take what isn't yours.

[Huey]

13 minutes ago, Chief Stipe said:

We haven't seen NZTR's full budget yet.  How much are they getting from the increased pie?  How many races are they putting on next year?  What is their marketing budget?  They've spent $2m already on a new computer system - is their more money to be spent?  AWT operational cost increases are being paid from what?

Plus they aren't distributing money they have - they are forecasting  money they expect to earn in the coming year.  Two key points - firstly the BIUC (as that a new acronym?) of $20m is an estimate based on what?  Second point - the earnings from the core business wagering has not changed i.e. the increases are purely reliant on a tax change and the BIUC.  

If revenue from racing declines which is possible given the quality of our betting product and a possible reduction in the number of races then where does the money come from?

Apparently there is $500k set aside for innovative racing clubs or something like that, so thats just another way of siphoning off funds to the protected few.

[Huey]

30 minutes ago, JJ Flash said:

Moaner number 1 attacks- there is a surprise.  Im at the coal face and happy with the higher stakes. Well done to NZTR  for distributing the funds which are going into stakes. Now if we could only get RacingNZ board sorted the TB's should get even more next season. Not that it would matter as you and your mates will still be moaning.

 

Ho hum - coal face , you call taking a 2% share in a few horses the coalface lmao!

[Chief Stipe]

4 minutes ago, Huey said:

Apparently there is $500k set aside for innovative racing clubs or something like that, so thats just another way of siphoning off funds to the protected few.

Cambridge will get a handout to build spectator facilities because "their AWT race meetings have been so successful".

[Huey]

This won't do a thing to improve the area that so desperately needs it, the "coalface" that JJ Flash is operating at. A $2k increase in stakes , won't be noticed within 3 months (if that).

We have a exponentially declining foal crop amongst other big issues, this is largely because the coalface are abandoning the sport . I get tired of saying it , but the base needs solidifying first before the rest of the industry can improve, it needs more than pocket change to do that. 

We are gonna throw another $10k at a lot of 6-8 horse fields , why?

 

[Huey]

4 minutes ago, Chief Stipe said:

Cambridge will get a handout to build spectator facilities because "their AWT race meetings have been so successful".

exactly , along with the rest of the usual crowd.

[JJ Flash]

Keep the moaning up Chief and Huey- it will get you no where but then again nobodies will always be nobodies. 

How are you and Howie getting on Doug, or would you prefer not to answer for some reason.

[Huey]

28 minutes ago, JJ Flash said:

Keep the moaning up Chief and Huey- it will get you no where but then again nobodies will always be nobodies. 

How are you and Howie getting on Doug, or would you prefer not to answer for some reason.

I'm ok with going the same place NZracing is!

[Chief Stipe]

1 hour ago, JJ Flash said:

Keep the moaning up Chief and Huey- it will get you no where but then again nobodies will always be nobodies. 

 

I'll prefer to be a nobody if you are deemed a somebody.

[Chief Stipe]

1 hour ago, Huey said:

This won't do a thing to improve the area that so desperately needs it, the "coalface" that JJ Flash is operating at. A $2k increase in stakes , won't be noticed within 3 months (if that).

We have a exponentially declining foal crop amongst other big issues, this is largely because the coalface are abandoning the sport . I get tired of saying it , but the base needs solidifying first before the rest of the industry can improve, it needs more than pocket change to do that. 

We are gonna throw another $10k at a lot of 6-8 horse fields , why?

 

The really concerning factor is that NZ wagering on racing revenue hasn't really increased in a decade and that's in nominal terms.  In real terms the $140m from 2011 should be $170m today.  The fact is it hasn't really changed for over a decade.  Which would indicate that is about all the market will deliver.

Now the only ways left to increase revenue are to reduce costs further and increase the amount of and return on the product.  That means more races that attract more betting dollars from the internal market or from overseas.  It is a competitive environment.

The BIUC isn't likely to increase unless you increase the amount of product to sell.  Increasing the product means racing more horses and with the drop in foal crop plus the increase in overseas buyers for overseas racing jurisdictions that isn't going to happen any time soon.

I can't see how they can reduce costs further unless they bail out of the expensive broadcasting and wagering systems.   It will be interesting to see what the marketing budgets will be for each of the codes. 

So reality might be that what we see is all we are going to get for a long time.

[Huey]

5 minutes ago, Chief Stipe said:

The really concerning factor is that NZ wagering on racing revenue hasn't really increased in a decade and that's in nominal terms.  In real terms the $140m from 2011 should be $170m today.  The fact is it hasn't really changed for over a decade.  Which would indicate that is about all the market will deliver.

Now the only ways left to increase revenue are to reduce costs further and increase the amount of and return on the product.  That means more races that attract more betting dollars from the internal market or from overseas.  It is a competitive environment.

The BIUC isn't likely to increase unless you increase the amount of product to sell.  Increasing the product means racing more horses and with the drop in foal crop plus the increase in overseas buyers for overseas racing jurisdictions that isn't going to happen any time soon.

I can't see how they can reduce costs further unless they bail out of the expensive broadcasting and wagering systems.   It will be interesting to see what the marketing budgets will be for each of the codes. 

So reality might be that what we see is all we are going to get for a long time.

Well I can see $500k thats going to waste straight away in that fund for innovative clubs charade, be better spent on lower end stakes or splitting fields or whatever gets the product out there, can't see any innovation from the clubs that are going to get it that would do anything to generate further wagering on the product and why do they need it in the first place when they have full time Marketing personnel / CEO and staff at a lot of these clubs?

[Chief Stipe]

1 minute ago, Huey said:

Well I can see $500k thats going to waste straight away in that fund for innovative clubs charade, be better spent on lower end stakes or splitting fields or whatever gets the product out there, can't see any innovation from the clubs that are going to get it that would do anything to generate further wagering on the product and why do they need it in the first place when they have full time Marketing personnel / CEO and staff at a lot of these clubs?

I'm at a loss to understand what the staff at NZTR actually do.  Since Saundry started the communication to the industry has been non existent.

[nomates]

2 hours ago, JJ Flash said:

Dont spoil your good positive thoughts Bob with the last part above.

 

So how would you describe where we find ourselfs in relation to where we were .

 

2 hours ago, JJ Flash said:

I've posted elsewhere that the forecast distribution of $170 mio for the following season will probably be exceeded giving even more $$$ for the industry to play with. That said, under the new Act NZTAB has nothing to do with what the codes do with their distributions. Its now solely up to the codes to decide where funds go

There you go again with that word " PROBABLY " , if everything in my life that i thought was probably going to happen had happened well , i can't imagine how good it would be , PROBABLY pretty much how your life has ended up , i can but dream of such a life .

But alas i live in the world of reality , where so called professionals have made many " PROBABLE " promises that haven't never come to " reality " . I have been let down too many times by these so called promises , so if you don't mind i'll wait the fish is in the net before i start wetting my pants at a brighter future .

Perhaps you can tell with all your positivity how the 2k increase to the majority of races in NZ is going to ease the angst of the majority of racing participants , this is a serious question , perhaps you will answer this one .

[Gospel of Judas]

Wonder which spin doctor JJ Flash really is at NZRB? . Sounds like one of those typical Communications degree holders or some old hash bean on NZRB management gravy train. Unless cause some Waikato elite breeder suckup, to Hogans and  Velas of the world.

[JJ Flash]

2 hours ago, Chief Stipe said:

I'll prefer to be a nobody if you are deemed a somebody.

You are based on most of your nonsense posts. You like moaning but offer nothing which is why no one has any respect for you that i can see. Thomas summmed you up many times. 

[JJ Flash]

45 minutes ago, Gospel of Judas said:

Wonder which spin doctor JJ Flash really is at NZRB? . Sounds like one of those typical Communications degree holders or some old hash bean on NZRB management gravy train. Unless cause some Waikato elite breeder suckup, to Hogans and  Velas of the world.

And you are a student who has obviously had little life skills let alone finance ones based on this piece of rubbish.

Just to correct your stupidity , the NZRB went a few years back. Get with the program kid

[Chief Stipe]

1 minute ago, JJ Flash said:

You are based on most of your nonsense posts. You like moaning but offer nothing which is why no one has any respect for you that i can see. Thomas summmed you up many times. 

I've offered many solutions and options over many years.

If you and Thomarse are measures of respect then I'm quite comfortable having none of it.

[Chief Stipe]

2 minutes ago, JJ Flash said:

Just to correct your stupidity , the NZRB went a few years back. Get with the program kid

Nasty nasty!  Obviously as an owner at the coal face you aren't too happy with the NZRB/RITA/TAB NZ results.

I guess you are easily fooled by the rebranding exercises and can't see that nothing has changed.

[JJ Flash]

2 hours ago, nomates said:

Perhaps you can tell with all your positivity how the 2k increase to the majority of races in NZ is going to ease the angst of the majority of racing participants , this is a serious question , perhaps you will answer this one

If you don't want it with your horses that you currently race Bob give any additional winnings to a charity. In case you have not seen it there are many future races with increases higher than 2 K. 

I'm in the greater future distributions camp from NZTAB as a result of cost cuts and improved operations by them. Debt reductions underway and hopefully the election of Anna Stowe as Chairperson of NZTAB.

What NZTR and the other codes do with the additional money is a potential problem but now that Jackson and Carter are out one has to hope that Board demands NZTR keeps costs under control and thus further stakes increase's over the short to medium term.

 

[JJ Flash]

2 minutes ago, Chief Stipe said:

Obviously as an owner at the coal face you aren't too happy

Very happy with the changes in last few years. I manage to pay the trainers bills, how about you??

[nomates]

36 minutes ago, JJ Flash said:

If you don't want it with your horses that you currently race Bob give any additional winnings to a charity. In case you have not seen it there are many future races with increases higher than 2 K. 

I'm in the greater future distributions camp from NZTAB as a result of cost cuts and improved operations by them. Debt reductions underway and hopefully the election of Anna Stowe as Chairperson of NZTAB.

What NZTR and the other codes do with the additional money is a potential problem but now that Jackson and Carter are out one has to hope that Board demands NZTR keeps costs under control and thus further stakes increase's over the short to medium term.

 

As always you don't directly answer the question , so i'll go again , the large MAJORITY of races run in NZ are getting a 2k increase , so how is that going to ease the pressure and give confidence to an industry that is under huge strain . 

The rest of your post is still relying on the " PROBABILTY " theory , working on the might happen , could happen , or the maybe it will work plan doesn't instill confidence with the majority of industry participants , i don't know which coalface participants you have discussions with but i can assure the ones i have talked just since yesterday are still no clearer as to what the short or long term future holds for them , and the ones i know are the ones that get wet , cold and mucky in the dark mornings at the track .