hesi Posted August 30, 2018 Share Posted August 30, 2018 https://www.dia.govt.nz/vwluResources/Racing-Report-August-2018/%24file/Review-of-the-NZ-Racing-Industry-Report.pdf Recommendations Change the governance structure, so the NZRB becomes Wagering NZ with racing responsibilities devolving to the individual Codes. This will sharpen the commercial focus of TAB operations and improve the decision-making and accountability of the Codes. Establish Racing NZ as a consultative forum for the three Codes to agree on issues such as entering into commercial agreements with Wagering NZ, approving betting rules and budgets for the integrity bodies, equine health & research, etc. Change the composition and qualifications for directors of regulatory bodies. Request that a Performance and Efficiency Audit of the NZRB be initiated under section 14 of the Racing Act 2003, with particular emphasis on the operating costs of the NZRB. Amend the Section 16 distribution formula of the Racing Act 2003 to a more equitable basis for fixed 10-year terms. Initiate a special review of the structure and efficacy of the RIU and allied integrity bodies, to be conducted by an independent qualified person. Begin negotiations for the outsourcing of the TAB’s commercial activities to an international wagering operator, to gain the significant advantages of scale. Seek approval for a suite of new wagering products to increase funding for the industry. Confirm the assignment of Intellectual Property (IP) by the Clubs to the Codes. Introduce Race Field and Point Of Consumption Tax legislation expeditiously. These two measures will bring New Zealand’s racing industry into line with its Australian counterparts and provide much needed additional revenue. Repeal the existing betting levy of approximately $13 million per annum paid by the NZRB, given that the thoroughbred Code is a loss maker overall, with the net owners’ losses outweighing the NZRB’s net profit. Clarify legislation to vest Race Club property and assets to the Code regulatory bodies for the benefit of the industry as a whole. Reduce the number of thoroughbred race tracks from 48 to 28 tracks under a scheduled program. This does not require the closure of any Club Upgrade the facilities and tracks of the remaining racecourses with funds generated from the sale of surplus property resulting from track closures to provide a streamlined, modern and competitive thoroughbred racing sector capable of marketing itself globally. Construct three synthetic all-weather tracks at Cambridge, Awapuni & Riccarton with assistance from the New Zealand Government’s Provincial Growth Fund. Support the development of the Waikato Greenfields Project. Introduce robust processes to establish traceability from birth and the re-homing of the entire thoroughbred herd, as the foundation stone of the industry’s ongoing animal welfare program. Increase thoroughbred prizemoney gradually to over $100 million per annum through a simplified three-tier racing model, with payments extended to tenth place in all races. 1 1 Quote Link to comment Share on other sites More sharing options...
BitofaLegend Posted August 30, 2018 Share Posted August 30, 2018 no surprises that it focused on Thoroughbreds. The other two codes were irrelevant. Quote Link to comment Share on other sites More sharing options...
hesi Posted August 30, 2018 Author Share Posted August 30, 2018 12 of the 17 recommendations apply to all 3 codes Quote Link to comment Share on other sites More sharing options...
Lad27 Posted August 30, 2018 Share Posted August 30, 2018 Number 4 been needed! Quote Link to comment Share on other sites More sharing options...
Yankiwi Posted August 30, 2018 Share Posted August 30, 2018 Number 6 long overdue as well. The "Racing Inadequacy Unit" needs to go. 2 2 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted August 31, 2018 Share Posted August 31, 2018 Greyhound racing is proposing to reduce their number of venues from 7 to 3 after 10 years. Quote Link to comment Share on other sites More sharing options...
Yankiwi Posted August 31, 2018 Share Posted August 31, 2018 (edited) As far as I'm aware, greyhound racing has only two sole venues now, Wanganui & Manukau. Every other tack is part of a multi venue. It would make no sense at all to close say Cambridge, if it continues to be a harness venue. The same could be said for Palmerston North, Addington, Forbury & the three tracks at Invercargill, if it's persevered with. Edited August 31, 2018 by Yankiwi 1 Quote Link to comment Share on other sites More sharing options...
Guest CrossCodes Posted August 31, 2018 Share Posted August 31, 2018 Why would you close Invercargill? It's the only 1turn track in the South Island, and it is also capable of holding tri-code meetings. 10 years is a long time though, greyhound racing will be finished by then anyway. Quote Link to comment Share on other sites More sharing options...
BitofaLegend Posted September 2, 2018 Share Posted September 2, 2018 On 31/08/2018 at 4:44 PM, CrossCodes said: Why would you close Invercargill? It's the only 1turn track in the South Island, and it is also capable of holding tri-code meetings. 10 years is a long time though, greyhound racing will be finished by then anyway. Especially when the greyhound code percentage of the stake will go down to a measly 5% Quote Link to comment Share on other sites More sharing options...
Honestly Posted September 2, 2018 Share Posted September 2, 2018 On 31/08/2018 at 4:44 PM, CrossCodes said: Why would you close Invercargill? It's the only 1turn track in the South Island, and it is also capable of holding tri-code meetings. 10 years is a long time though, greyhound racing will be finished by then anyway. If one trainer didn’t go down there you would have what 5 races . That makes good sense Quote Link to comment Share on other sites More sharing options...
Lad27 Posted September 2, 2018 Share Posted September 2, 2018 It's a tri code track, it won't be shutting down Quote Link to comment Share on other sites More sharing options...
Arsenic Posted September 9, 2018 Share Posted September 9, 2018 What is interesting the about the Messara report is the plan to reduce the Greyhound % down to 5 . 9 % . At the moment the Greyhounds turnover is at 19% for local content and 23% for Australian content,. So how does Messara work at those odds. I might be thick but not that thick. Quote Link to comment Share on other sites More sharing options...
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