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The Race Place

NZTR turnover data


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7 minutes ago, Hesi said:

Same trend

Treading water on tote with the higher margins, lower fixed and variable costs

Good increases on FO, with much lower margins and high costs

Why should there be higher costs?

Haven't they recently spent approximately nearly 50 million, with annual fees of 18 million to give them the most sophisticated system and thus profitable outcome possible. 

If not why didn’t they stay where they were? 50 million in the bank and 18 million to spend on salaries for the bookies to beat the customers. 


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