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...
Hesi Posted October 20, 2022 Author Share Posted October 20, 2022 From another channel, sounds highly improbable, but may not be as stupid as it seems NZ Racing will become a Racing State Of Australia and betting will be channeled through a new Australasian Super Site. NZ will benefit from TV coverage being absorbed into the excellent offerings already in place and the resultant savings from shutting the local betting platform and TV infrastructure, combined with increased turnovers will be put into stake money increases. More importantly, only 1 NZ country meeting will be held each Saturday as an offering among the Premium Australian Race meetings, with Sunday becoming the 'Main Event' and 2 Premium NZ meetings held. Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 20, 2022 Author Share Posted October 20, 2022 The trouble in NZ, was that too much money was being sucked out of racing by the bureaucracy, and what a bumbling bureaucracy it was. Last time I looked at the Racing Board figs, it was 220 mil/annum. Cut 70 mil per year out of that, and you have the money to get racing in NZ moving again. Probably why Messara said, outsource the TAB, or all the other recos are a waste of time 1 Quote Link to comment Share on other sites More sharing options...
pete Posted October 21, 2022 Share Posted October 21, 2022 Article in the Herald this morning. One hope is that this shower of shit that call themselves the government won't be able to get themselves organised to make changes anytime soon. https://www.nzherald.co.nz/sport/new-zealand-punters-could-face-offshore-betting-ban/2JXPTQ7DEAR3G27DQCWSUIGYKQ/ 1 Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 21, 2022 Share Posted October 21, 2022 (edited) "That would be disastrous for the New Zealand racing industry which is already struggling to retain its elite human and equine stars as the Australian industry booms" I wouldn't call it disastrous. The NZ industry is simply not viable. Any other industry/business that can't make any money and needs 100s of millions of dollars to prop it up every year, would be shut down - what is disastrous is that it is allowed to continue at the expense of tax payers, who are paying for the continuation of it. Edited October 21, 2022 by mardigras 4 Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 21, 2022 Author Share Posted October 21, 2022 I presume the 100 mil lost to NZ racing, is 15%(average take) of the estimated 650 mil that NZ'ers gamble with overseas agencies. I reckon it won't be anywhere near that, as many will stop or reduce what they bet Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 21, 2022 Share Posted October 21, 2022 1 minute ago, Hesi said: I presume the 100 mil lost to NZ racing, is 15%(average take) of the estimated 650 mil that NZ'ers gamble with overseas agencies. I reckon it won't be anywhere near that, as many will stop or reduce what they bet They'll be trying to suggest the $650m is punting losses - surely? They are not able to work out what the losses are, so they make the number up. Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 21, 2022 Author Share Posted October 21, 2022 Geo blocking would make it harder to find a strategic partner, which is supposedly what they are doing at the moment. Or would it, because any agency they linked with, would I presume get sole rights to the NZ market Quote Link to comment Share on other sites More sharing options...
Jasonmc Posted October 22, 2022 Share Posted October 22, 2022 On 10/18/2022 at 5:51 PM, VC! said: https://www.gamblingnews.com/news/betr-is-front-runner-for-wa-tab-license/?amp That is they have any $$ left as they gave anyone who wanted Anamoe $20 to 1 max $10 so free $190 for each punter 😆 Quote Link to comment Share on other sites More sharing options...
Hesi Posted October 23, 2022 Author Share Posted October 23, 2022 Do other countries geo block their punters from betting on the NZ TAB. Why would they bother, who is going to And that comes to the crux of the matter, the TAB really offers nothing they can't get elsewhere, so why would they bother Quote Link to comment Share on other sites More sharing options...
mardigras Posted October 23, 2022 Share Posted October 23, 2022 4 minutes ago, Hesi said: Do other countries geo block their punters from betting on the NZ TAB. Why would they bother, who is going to And that comes to the crux of the matter, the TAB really offers nothing they can't get elsewhere, so why would they bother They don't need to as I thought NZ TAB blocked on IP address. Betr, the new bookie seems to also block on IP address. Quote Link to comment Share on other sites More sharing options...
PWJ Posted October 23, 2022 Share Posted October 23, 2022 On 10/18/2022 at 4:28 PM, brown fox said: Tab Head office hard at work I'm a big Paul Bronks follower too Graeme ! Quote Link to comment Share on other sites More sharing options...
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