curious Posted November 16, 2021 Share Posted November 16, 2021 The NZTR 2020-21 Annual Report is now available to be read online via the following link: https://loveracing.nz/OnHorseFiles/NZTR%20AR%2020-21%20WEB%20FINAL.pdf Quote Link to comment Share on other sites More sharing options...
mardigras Posted November 16, 2021 Share Posted November 16, 2021 Didn't see anything exciting in that. They seemed excited about a $10m surplus - given they received an extra $20m from the TAB and gave out an extra $8.5m to clubs, it doesn't seem that exciting to me. Looking at the club payouts relative to turnover, they are still hellbent on giving the supposed premier venues a disproportionate amount of funding. No surprises there. None make money themselves, but the smaller clubs continuing to get a reduced subsidy compared to the bigger clubs that should be able to generate revenue from other available sources a lot easier. 1 Quote Link to comment Share on other sites More sharing options...
Hesi Posted November 16, 2021 Share Posted November 16, 2021 36 minutes ago, mardigras said: Didn't see anything exciting in that. They seemed excited about a $10m surplus - given they received an extra $20m from the TAB and gave out an extra $8.5m to clubs, it doesn't seem that exciting to me. Looking at the club payouts relative to turnover, they are still hellbent on giving the supposed premier venues a disproportionate amount of funding. No surprises there. None make money themselves, but the smaller clubs continuing to get a reduced subsidy compared to the bigger clubs that should be able to generate revenue from other available sources a lot easier. Ellerslie in particular is way out of kilter with the national average Quote Link to comment Share on other sites More sharing options...
Hesi Posted November 16, 2021 Share Posted November 16, 2021 Domestic turnover is 448 mil, and we can probably do a rough estimate of what the return is on that before costs The exported turnover(Export Turnover ($NZD) is turnover on NZ Thoroughbred Racing through the Australian TABs. Note that Australian Corporate Bookmaker turnover is not included in this amount.) is 248.7 mil. How much of that is returned to NZ racing Quote Link to comment Share on other sites More sharing options...
mardigras Posted November 16, 2021 Share Posted November 16, 2021 4 hours ago, Hesi said: Domestic turnover is 448 mil, and we can probably do a rough estimate of what the return is on that before costs The exported turnover(Export Turnover ($NZD) is turnover on NZ Thoroughbred Racing through the Australian TABs. Note that Australian Corporate Bookmaker turnover is not included in this amount.) is 248.7 mil. How much of that is returned to NZ racing It used to be around 4.2% from memory, but the various agreements have potentially changed. That was part of the commingling arrangement, as a form of racefields fee. At that rate, about $10m. Quote Link to comment Share on other sites More sharing options...
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