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Bit Of A Yarn

Great investigative questions from Guerin....not!


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7 hours ago, mikeynz said:

He didn't ask what happens after the sweetners if they shut out the opposition, will there be any after that or will it be business as normal.

I'll tell you what will happen. Entain will expose to the NZ population all their other gambling brands meaning millions more will flow out of the country. e.g the so called $10m racing carnival will be the Ladbrokes carnival and who are Ladbrokes ... just part of Entain with all those other betting options.

English racing is so extremely poor because the proliferation bookmakers such as Ladbrokes hardly the experience NZ needs.

Setting up the TAB came from countless debates in Parliament and subsequently since. TAB's Tod has no right to sell off a government induced monopoly for 25 years. Tod has no experience in racing or wagering and neither have the board. Sharrocks great business experience must also be queried. Getting on the phone and selling sport sponsorships hardly rounded business experience. 

Guerin is a TAB employee so naturally would ask non-questions.

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32 minutes ago, The Centaur said:

I'll tell you what will happen. Entain will expose to the NZ population all their other gambling brands meaning millions more will flow out of the country. e.g the so called $10m racing carnival will be the Ladbrokes carnival and who are Ladbrokes ... just part of Entain with all those other betting options.

English racing is so extremely poor because the proliferation bookmakers such as Ladbrokes hardly the experience NZ needs.

Setting up the TAB came from countless debates in Parliament and subsequently since. TAB's Tod has no right to sell off a government induced monopoly for 25 years. Tod has no experience in racing or wagering and neither have the board. Sharrocks great business experience must also be queried. Getting on the phone and selling sport sponsorships hardly rounded business experience. 

Guerin is a TAB employee so naturally would ask non-questions.

Sharrock and co still get paid so they only looking for short term gain. 25 years way too long for any contract. Isnt Entain being investigated in Australia?

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Garry Chittick's column on the Waikato Stud web site always worth a read.

this is an extract ...

We no longer pay wagering duties so we have nothing to offer other than our shareholders wagering license, this clearly has a value hence the supposed competition but the promise of greater returns to the owners is dependent on our belief that our new partners will achieve results not only for us but them also. So, we are to carry our infrastructure on, share our bottom line, and still have increased stakes. There must be something I am missing.

Full piece here  ..... https://waikatostud.com/the-corner-with-garry-chittick-53/

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Its just a mystery. Why isn't there more comment on this TAB deal given the importance to all facets of racing???????

I'll throw in a couple more swerves.

1. the law says its illegal to promote overseas bookmakers. Therefore just contemplating a partnership, outsourcing etc is illegal.

2. How will club sponsors react when their sponsorship goes into putting profits into an overseas bookmaker.

As Garry Chittick says. "Is there something I'm missing."

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18 minutes ago, The Centaur said:

Its just a mystery. Why isn't there more comment on this TAB deal given the importance to all facets of racing???????

I agree.  Most seem more interested in vicariously celebrating through the achievements of ex-pat New Zealanders than debating what appears to be yet again another FUBAR I progress.

Incredible some are still applauding what Dean Mackenzie did which was just an expert rearrangement do the deck chairs while pushing cost out to the codes.

Notice how Tod comes from a marketing background and immediately replaced those marketing staff that had been dropped.  Double cost whammy!

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Very few people understand how the whole industry works, all the intricacies of funding etc. I'm totally out of touch myself. I don't really know any of the major players anymore. I just assume most of them are useless. Who knows, one or two of them could be quite competent. Surely we must fluke someone decent occasionally.

The plan is basically to divide and conquer, confuse people, bore them and hope anyone who might be a nuisance eventually gives up and goes away.

I think most of those who do have an idea what is going on have basically given up as they realise there is nothing they can say or do that will make any difference.

Off the top of my head I can't think of a single innovative club out there, or an enlightened administrator, so there is really no one in authority who can stand up and say this not right.

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6 hours ago, Special Agent said:

So Doomed, are you saying if enough Racing Clubs and groups like Trainers, Jockeys, Breeders etc put forward submissions against this proposed agreement it may be enough of a fly in the ointment?

I think  [apologies to Doomed if I misunderstood]  that he feels that those who do give a shit have become so tired and dispirited that they just can't be arsed any more.

Anyone who knows me understands that figures and balance sheets confuse the hell out of me - but I've learned a lot from folk who do understand such matters.  What astounds me however is that information is everywhere, it isn't actually that hard to find stuff out.   It has never been so easy to learn something.

But so few people - and that includes our administrators - have a clue how it all works.  That is frightening.

It shouldn't really be the job of the general populace to inform.   Most are just too busy trying to earn a living.

As far as the proposed Entain/TAB deal goes though - whatever its relative merits may or may not be - doing the same old thing, maintaining the status quo, isn't the answer.   

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8 hours ago, Special Agent said:

So Doomed, are you saying if enough Racing Clubs and groups like Trainers, Jockeys, Breeders etc put forward submissions against this proposed agreement it may be enough of a fly in the ointment?

The trouble is that the "favoured few" clubs like Auckland and Riccarton are totally in the pockets of NZTR as they benefit from a lot of the decisions. Even big players like Te Akau do well out of it as there are plenty of group and listed races to target and still enough open class races for decent enough stakes scattered around the country to make their model work. Even the top Waikato based trainers do well enough out of it.

Any innovative clubs and individuals have had the stuffing knocked out of them. Riverton would be one of the few clubs that put some extra money into their stakes, and they are a club the "brains trust" are trying to close down. Look how boring the Riccarton programmes are over the next three meetings, and all for minimum stakes. Unfortunately we have decided to settle for mediocrity.

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10 hours ago, Doomed said:

Very few people understand how the whole industry works, all the intricacies of funding etc. I'm totally out of touch myself. I don't really know any of the major players anymore. I just assume most of them are useless. Who knows, one or two of them could be quite competent. Surely we must fluke someone decent occasionally.

The plan is basically 

Off the top of my head I can't think of a single innovative club out there, or an enlightened administrator, so there is really no one in authority who can stand up and say this not right.

If there was they would not allow them to be heard!

The system is far more rigged than many realise.

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6 hours ago, Freda said:

As far as the proposed Entain/TAB deal goes though - whatever its relative merits may or may not be - doing the same old thing, maintaining the status quo, isn't the answer.   

So what you are saying anything is good enough as long as its different. Therefore it shouldn't be examined. That's strange logic.

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1 minute ago, The Centaur said:

So what you are saying anything is good enough as long as its different. Therefore it shouldn't be examined. That's strange logic.

Don't be silly.  I'm sure that's not what I said.

What is obvious is that to continue down the same road will take us to where it leads.

If you can't work that out you need help.

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1 hour ago, Freda said:

Don't be silly.  I'm sure that's not what I said.

What is obvious is that to continue down the same road will take us to where it leads.

If you can't work that out you need help.

The irony is we are still going to go down the same road.  Doesn't this all sound familiar?

It all turned dog when they starting competing with the Golden Goose - the Tote.

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8 minutes ago, Special Agent said:

Because we have been told joining Entain is an "exciting" prospect what are the best parts, the benefits, to the NZ Racing Industry?

If it is so exciting what makes it that way, and why is it such a secret?

Jumping out of a plane is an exciting prospect, until you realise you have forgotten your parachute.

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21 minutes ago, Doomed said:

Jumping out of a plane is an exciting prospect, until you realise you have forgotten your parachute.

Therein lies the issue. Everyone seems blinded by the sale price, but has forgotten that over the next 25 years, the profit will be going overseas. Look how we were told letting Trackside go to Sky would be great. Now hows that working out?

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1 hour ago, Assange said:

Therein lies the issue. Everyone seems blinded by the sale price, but has forgotten that over the next 25 years, the profit will be going overseas. Look how we were told letting Trackside go to Sky would be great. Now hows that working out?

There is another aspect. Entain is so big it could possibly buy up Sky City casino in New Zealand. Sky have had a few problems of recent times so getting in with Entain could be an option.

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