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Bit Of A Yarn

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1 hour ago, nomates said:

Someone somewhere in the last week stated that they have no been able to access turnovers from betting on the Cambridge A/W along with how profitable it was thru the Winter , the TAB wouldn't impart that information when asked , i wonder why , perhaps it would show that it is not the panacea that they thought , well guess what guys it will only look worse when the other 2 kick in , mostly because of a lack of numbers racing after the initial buzz of trying it has worn off .

 

September Operational Performance 

  • Reported Profit for the month was $13.8m, which was $1.6m above Budget.
  • Operating Expenses were $9.1m for the month, which was $0.8m below Budget. 
  • Year To Date (1 Aug 2021 to 30 Sep 2021) Reported Profit was $22.5m which was $1.4m below Budget and $5.1m below last year. 
  • Year To Date ((1 Aug 2021 to 30 Sep 2021) Operating Expenses were $18.2M, which was $1.4m below Budget and $0.1m below last year. 

MmQXM2NOzkyHum98vyunKlyZH_741rK94z2wRb0k

---------------------

September Distributions

Racing Codes were paid $12.6m in distributions and other payments for September, versus $12.6m budgeted. This consisted of TAB NZ Betting Profit (listed as Fixed Distribution in the table below), Offshore Bookmaker Commission Fees, which are based on actual turnover (termed Betting Information Use Charges (BIUC) in the table below), and Betting Duty/Levy repeal.

7-9ocSE8KL5RNiLZ7PSZzGnqSlPE3amcvNZw7hv2

Top 10 Racing events by turnover

Date

Venue

Race No.

Race description

Turnover

18-Sep

Hastings

R9

Tarzino Trophy (G1)

$653K

18-Sep

Caulfield

R8

Sir Rupert Clarke Stakes (G1)

$508K

4-Sep

Te Rapa

R9

War Decree 1200

$439K

18-Sep

Hastings

R7

Hawke's Bay Breeders' Gold Trail Stakes (G3)

$412K

25-Sep

Rosehill

R7

Keeneland Golden Pendant (G2)

$390K

11-Sep

Flemington

R8

PFD Food Services Makybe Diva Stakes (G1)

$376K

18-Sep

Randwick

R7

Fujitsu General George Main Stakes (G1)

$355K

11-Sep

Flemington

R6

Furphy Let's Elope Stakes (G2)

$352K

18-Sep

Hastings

R10

Brew's & 'Que's Tickets On Sale Now

$351K

25-Sep

Rosehill

R8

XXXX Golden Rose Stakes (G1)

$335K

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27 minutes ago, Chief Stipe said:

September Operational Performance 

  • Reported Profit for the month was $13.8m, which was $1.6m above Budget.
  • Operating Expenses were $9.1m for the month, which was $0.8m below Budget. 
  • Year To Date (1 Aug 2021 to 30 Sep 2021) Reported Profit was $22.5m which was $1.4m below Budget and $5.1m below last year. 
  • Year To Date ((1 Aug 2021 to 30 Sep 2021) Operating Expenses were $18.2M, which was $1.4m below Budget and $0.1m below last year. 

MmQXM2NOzkyHum98vyunKlyZH_741rK94z2wRb0k

---------------------

September Distributions

Racing Codes were paid $12.6m in distributions and other payments for September, versus $12.6m budgeted. This consisted of TAB NZ Betting Profit (listed as Fixed Distribution in the table below), Offshore Bookmaker Commission Fees, which are based on actual turnover (termed Betting Information Use Charges (BIUC) in the table below), and Betting Duty/Levy repeal.

7-9ocSE8KL5RNiLZ7PSZzGnqSlPE3amcvNZw7hv2

Top 10 Racing events by turnover

Date

Venue

Race No.

Race description

Turnover

18-Sep

Hastings

R9

Tarzino Trophy (G1)

$653K

18-Sep

Caulfield

R8

Sir Rupert Clarke Stakes (G1)

$508K

4-Sep

Te Rapa

R9

War Decree 1200

$439K

18-Sep

Hastings

R7

Hawke's Bay Breeders' Gold Trail Stakes (G3)

$412K

25-Sep

Rosehill

R7

Keeneland Golden Pendant (G2)

$390K

11-Sep

Flemington

R8

PFD Food Services Makybe Diva Stakes (G1)

$376K

18-Sep

Randwick

R7

Fujitsu General George Main Stakes (G1)

$355K

11-Sep

Flemington

R6

Furphy Let's Elope Stakes (G2)

$352K

18-Sep

Hastings

R10

Brew's & 'Que's Tickets On Sale Now

$351K

25-Sep

Rosehill

R8

XXXX Golden Rose Stakes (G1)

$335K

The question was specific to turnover on the Cambridge A/W track and it's profitability , still don't see them .

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59 minutes ago, Chief Stipe said:

I realise that.  Just thought I throw up the latest overall numbers.

Got that but why not let people see all results not just the ones that look half decent . And the damning stat is that 6 of their top results are on Aussie races , says it all .

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42 minutes ago, nomates said:

Got that but why not let people see all results not just the ones that look half decent . And the damning stat is that 6 of their top results are on Aussie races , says it all .

Well it would be interesting to see some detailed accounts and budgets like we used to.  Saundry makes Purcell look like the epitome of transparency and openess.

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3 hours ago, nomates said:

Not a hope of getting me involved with the current regime , been there tried it locally , same parochial bullshit . I'm someone who gets involved to do shit , make a difference , otherwise what's the point . Not even about age , although at 60 i would be prepared to do my bit , that though is the big issue , getting everyone to do their bit , but the bigger issue is getting the nobs to pull their heads outa their arses and ask for everyone to do their bit . But it all has to be for the big cause .

As for you mate and his friends walking away , i know of heaps of people who done exactly that , people with money who just got the stage of asking , WHY BOTHER , no one gave a shit . I actually bumped into a guy at the Dentist yesterday hadn't seen him for years and he was the same , so hasn't bothered with a horse for years and doubts he will .

I'm different , i have a disease , i have to have some involvement , so will always have a small share in something ala Miss Balvennie , once retired probably try and have shares in 3/4 , mostly in Aus . Still bet most days because i enjoy it , it's a challenge to find winners .

As for having a crack at Petone , well i don't have the CV that gets me on the Lazy Susan of executives that allows them to jump from one position to the next with no consequence . The one thing i will add though is that we are not the only industry that these slugs slime over , it's prevalent every where , no more than politics , Local body to Parliament then to Mayoralty somewhere .

No thanks , i have some dignity .

Pretty much same as you NM, in my case abit younger than you in my mid to late 30's. Don't really see the point with current regime  and all other leaches on the tit in Racing. If have some shares in Horses all be in Aussie, looks abit more better on the profit and loss balance sheet. Plus don't have deal with the dickheads in NZ racing.

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14 minutes ago, Gospel of Judas said:

Pretty much same as you NM, in my case abit younger than you in my mid to late 30's. Don't really see the point with current regime  and all other leaches on the tit in Racing. If have some shares in Horses all be in Aussie, looks abit more better on the profit and loss balance sheet. Plus don't have deal with the dickheads in NZ racing.

There's always been leaches on the tit , as you phrase , but racing was booming and it didn't harm , now when we are at the tipping point it should be all hands on deck so things have to be done differently and fast .

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2 hours ago, nomates said:

There's always been leaches on the tit , as you phrase , but racing was booming and it didn't harm , now when we are at the tipping point it should be all hands on deck so things have to be done differently and fast .

Well, there was plenty on the top for those once upon a time. Ones like big guy from Waikato still think can, do the same today.

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Someone more in the know than me, let me know what this system does?

Is this a strange email to be sending out about Testing?

 

 

 

NZTR Single National System External Participants Update

Background

As you will be aware NZTR is currently undertaking an enormous IT project, where it is transitioning from the existing Racing Management System (RMS) to the newly purchased licence Single National System (SNS) from Racing Australia.

Testing is commencing

NZTR has received the SNS Release 1.0 from Racing Australia and begun testing. This Release includes the first developed customisations with NZ data.

A thorough and efficient testing process is an integral part of ensuring NZTR’s existing business processes can be conducted successfully in SNS. 

As the majority of the customisations received to date relate to internal business processes, NZTR anticipates external testing and subsequent training will get underway in 2022.  External participants can expect to receive regular updates in the interim.

NZTR thanks external participants for their patience as this process is worked through.

How will testing work?

NZTR’s Test Lead has developed test scripts with step-by-step instructions, and NZTR’s subject matter experts (SMEs) are using these to test SNS.

Once these test scripts have been performed and resulted, the results are discussed with the NZ Project team, and reviewed daily with Racing Australia.

This testing with SMEs is expected to take several months as further releases are received.

If you have any feedback, questions or concerns, please contact Michelle Dando, SNS Training & Engagement Specialist on michelle.dando@nztr.co.nz

 

Kind regards,

Michelle-signature-99000003cf01453c.jpg

Michelle Dando
SNS Training & Engagement Specialist

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31 minutes ago, Huey said:

Someone more in the know than me, let me know what this system does?

Is this a strange email to be sending out about Testing?

 

 

 

NZTR Single National System External Participants Update

Background

As you will be aware NZTR is currently undertaking an enormous IT project, where it is transitioning from the existing Racing Management System (RMS) to the newly purchased licence Single National System (SNS) from Racing Australia.

Testing is commencing

NZTR has received the SNS Release 1.0 from Racing Australia and begun testing. This Release includes the first developed customisations with NZ data.

A thorough and efficient testing process is an integral part of ensuring NZTR’s existing business processes can be conducted successfully in SNS. 

As the majority of the customisations received to date relate to internal business processes, NZTR anticipates external testing and subsequent training will get underway in 2022.  External participants can expect to receive regular updates in the interim.

NZTR thanks external participants for their patience as this process is worked through.

How will testing work?

NZTR’s Test Lead has developed test scripts with step-by-step instructions, and NZTR’s subject matter experts (SMEs) are using these to test SNS.

Once these test scripts have been performed and resulted, the results are discussed with the NZ Project team, and reviewed daily with Racing Australia.

This testing with SMEs is expected to take several months as further releases are received.

If you have any feedback, questions or concerns, please contact Michelle Dando, SNS Training & Engagement Specialist on michelle.dando@nztr.co.nz

 

Kind regards,

Michelle-signature-99000003cf01453c.jpg

Michelle Dando
SNS Training & Engagement Specialist

Bloody Cameron George approved this.  More than $2m being spent on it.  To do what or improve what no one knows.

Certainly no business case published.

Same old same old.

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19 hours ago, nomates said:

Well i hope it does something better than their current system , i've just received the email about this system , why i don't know , i haven't held a license for 3 years . Regularly get them , i keep hoping they will put some stake money into my acct by mistake .

They want you back!  so can leach more money out of you!  and keep ever expanding staff geting bigger!

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