Chief Stipe Posted October 27, 2021 Share Posted October 27, 2021 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. --------------------- 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. 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 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted October 27, 2021 Author Share Posted October 27, 2021 Betting Profit is tracking pretty well but Gaming Profit is taking a hit due no doubt to people being locked out of Pokie rooms. The Pokie's have long been a strategic weakness with $21m of net Profit contingent on them performing. Quote Link to comment Share on other sites More sharing options...
Gospel of Judas Posted October 27, 2021 Share Posted October 27, 2021 Actually, surprised got any gaming profits on them re gaming machines. Suppose die hards always find money, to gamble themselves down the drain. Quote Link to comment Share on other sites More sharing options...
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