Hesi Posted October 17, 2022 Share Posted October 17, 2022 So what is the big announcement from the TAB next week, that will change the landscape in NZ, that Michael Guerin referred to at the end of Weigh In Quote Link to comment Share on other sites More sharing options...
pete Posted October 17, 2022 Share Posted October 17, 2022 4 minutes ago, barryb said: Has to be Geo Blocking I fear you're right. Arseholes. Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 17, 2022 Author Share Posted October 17, 2022 I don't keep up on some of this stuff, can someone explain what Geo Blocking is Quote Link to comment Share on other sites More sharing options...
Turny Posted October 17, 2022 Share Posted October 17, 2022 20 minutes ago, barryb said: Has to be Geo Blocking Odds on and tightening Quote Link to comment Share on other sites More sharing options...
pete Posted October 17, 2022 Share Posted October 17, 2022 7 minutes ago, Hesi said: I don't keep up on some of this stuff, can someone explain what Geo Blocking is It's exactly what Max has said. We won't be able to bet with agencies outside NZ. Another stab in the back for the free market. Quote Link to comment Share on other sites More sharing options...
pete Posted October 17, 2022 Share Posted October 17, 2022 So we will have to put up with an inferior website and betting platform. Only hope is that they may announce they're partnering with someone who knows what they're doing. Quote Link to comment Share on other sites More sharing options...
Turny Posted October 17, 2022 Share Posted October 17, 2022 Think that will happen Pete, but that will be part 2 of the message saying that discussions very advanced and looking to complete within 6 month's The other aspect the Geo blocking will be within a couple of months I am picking 1 Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 17, 2022 Author Share Posted October 17, 2022 12 minutes ago, Turny said: Think that will happen Pete, but that will be part 2 of the message saying that discussions very advanced and looking to complete within 6 month's The other aspect the Geo blocking will be within a couple of months I am picking Last communication from TAB on Sept 19, was that they were expecting to identify a short list of potential partners by Xmas, so surely they are not in a position to announce anything Quote Link to comment Share on other sites More sharing options...
pete Posted October 17, 2022 Share Posted October 17, 2022 4 minutes ago, Hesi said: Last communication from TAB on Sept 19, was that they were expecting to identify a short list of potential partners by Xmas, so surely they are not in a position to announce anything If that's the case it will be probably be late 2023 before they manage to stitch anything up. These people are basically incompetent. 1 Quote Link to comment Share on other sites More sharing options...
Turny Posted October 18, 2022 Share Posted October 18, 2022 Hope your right Pete, tho the new GM has smarts 1 Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 Guerin is quite specific at the end, saying plans for the TAB and plans for thoroughbred racing in NZ Quote Link to comment Share on other sites More sharing options...
Globederby19 Posted October 18, 2022 Share Posted October 18, 2022 1 hour ago, pete said: It's exactly what Max has said. We won't be able to bet with agencies outside NZ. Another stab in the back for the free market. Just how do they go about that. Surely in this technological age there will be ways to circumnavigate the system. I remember being in Perth and my son had the knowhow to trick the system into thinking he was in NZ so I could get a bet on the NZ TAB. It borders on human rights abuse. Quote Link to comment Share on other sites More sharing options...
pete Posted October 18, 2022 Share Posted October 18, 2022 16 minutes ago, Globederby19 said: Just how do they go about that. Surely in this technological age there will be ways to circumnavigate the system. I remember being in Perth and my son had the knowhow to trick the system into thinking he was in NZ so I could get a bet on the NZ TAB. It borders on human rights abuse. Well it is possible to use a VPN but companies like Bet365 are wise to this in the main. They block based on your IP address so obviously if you managed to use a VPN and look as if you were in Sydney then it might work. But the other thing is that they keep lists of IP addresses of the VPNs so you need to keep moving servers to try and stay one step ahead. It may or may not work. Quote Link to comment Share on other sites More sharing options...
slam dunk Posted October 18, 2022 Share Posted October 18, 2022 TAB LEADERSHIP TEAM have nothing at all to do with horse racing. Only Sam Moncur and Simon Thomas bit players in the wagering industry before. This constant changing of senior management must be costing a fortune. MIKE TOD CHIEF EXECUTIVE OFFICER SAM MONCUR CHIEF FINANCIAL OFFICER Sam has previously held both commercial and operational roles in the Finance and Broadcasting divisions, before becoming the GM of Finance in 2020. Sam is a Chartered Accountant who joined the TAB Finance team in 2013 after several years working in both New Zealand and London. JODI WILLIAMS CHIEF MARKETING AND CUSTOMER EXPERIENCE OFFICER SIMON THOMAS CHIEF BETTING OFFICER Simon has worked in the wagering industry for over 20 years. Since joining the business in 2008 he has held a number of trading and risk management roles across both racing and sport. Prior to joining TAB NZ, Simon spent five years in London with a major UK-based wagering operator. FRED LAURY CHIEF DIGITAL OFFICER MEGAN CAMPBELL CHIEF PEOPLE OFFICER Megan joined TAB NZ in May 2021 and was appointed to the role of Chief People Officer in August 2022. CAMERON RODGER CHIEF COMMERCIAL OFFICER Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 18, 2022 Share Posted October 18, 2022 It's a shocker. I doubt whether it will do anything but do further damage to brand TAB. Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 Don't some offshore betting agencies already pay a fee for betting on NZ races? Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 AIr NZ Board and Executive team, only one has a pilots license Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 18, 2022 Share Posted October 18, 2022 (edited) 2 hours ago, Hesi said: Don't some offshore betting agencies already pay a fee for betting on NZ races? Yep - but they will believe they can get all the punter loss rather than the fee (which is generally less than the punter loss). But a small % of something is better than 100% of nothing. Edited October 18, 2022 by mardigras Quote Link to comment Share on other sites More sharing options...
VC! Posted October 18, 2022 Share Posted October 18, 2022 https://www.gamblingnews.com/news/betr-is-front-runner-for-wa-tab-license/?amp Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 Guerin was specific in saying plans for thoroughbred racing would be announced, which suggest there is a large injection of cash involved Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 18, 2022 Share Posted October 18, 2022 4 minutes ago, Hesi said: Guerin was specific in saying plans for thoroughbred racing would be announced, which suggest there is a large injection of cash involved Well it certainly won't be coming from any revenue stream that is NZ racing related. Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 This from Aug 2018 "The deeply distressed state of New Zealand's racing industry quickly became evident to us, as did the resilience and dedication of those who work and invest in it," said Mr Messara. "This gives me the confidence that comprehensive action by the Minister will be strongly supported by you all and that the New Zealand industry can have the much brighter future it deserves." He identified prizemoney as the greatest influencer on the state of racing and estimated stakes would need to double, if New Zealand was to become a competitive player on the international market. "However prizemoney has to be funded by recurring revenue," he said. "My review includes a series of reforms that I believe will enable a doubling of stakes money. "And that increase needs to be right through the system - from the smallest races right up to the group and listed programme. We need to keep people in the game." Quote Link to comment Share on other sites More sharing options...
brown fox Posted October 18, 2022 Share Posted October 18, 2022 Tab Head office hard at work 1 Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 18, 2022 Share Posted October 18, 2022 19 minutes ago, Hesi said: "However prizemoney has to be funded by recurring revenue," This part has to be recurring revenue from the NZ racing industry. That is the problem, it won't happen Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 18, 2022 Author Share Posted October 18, 2022 Prior to the introduction of the totalisator racings clubs in addition to the fees paid by bookmakers, also received revenue from admission and membership fees. The metropolitan clubs promoted the totalisator as a system that would over time, provide all racing clubs with vastly increased revenue. This was correct and the significance of the increased revenue racing clubs received is illustrated by Henry’s (1931) comparison of revenue for the period 1894/1895 and 1919/1920. Henry’s work highlights that totalisator turnover increased from £232,491 in the 1894-95 racing season to £3,091,479 in the 1919/1920 period. Henry, JE 1931, ‘What the totalisator has done for racing in New Zealand’ in W E Lyons (ed), The Pegasus Book, Constable & Co, London, pp.62-71. Quote Link to comment Share on other sites More sharing options...
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