RaceCafe..#1...Tipsters Thread.... Share Your Fancies For Fun...Lets See Who The Best Tipsters Here Are.
slam dunk

So how much did they make???

Recommended Posts

At the end of 2014 NZLIVE LTD came into being owned by Roger Randle, Tony Parton & Ray Standidge to live broadcast Trackside TV from flash new offices in Parnell. Just where the cutoff between NZlive and Trackside seems a bit murky based on available information.

Anyway the Racing Board provided about a $10 million funding facility during the Chris Bayliss regime. I queried this here on racecafe and specifically warned that this was an absurd deal as the Racing Board was taking all the risk whilst in a few years Parton, Randle etc would sell out and make millions.

Well thats exactly whats happened. NZ Live have sold out to NEP Group who have no real presence in the racing industry in Australia. So the question is why didn't the NZ Racing Board invest in NZ Live like they did in Radio Pacific which reaped the Racing Board some $25 million almost 20 years ago. Few businesses in NZ make a fortune from trading, they make windfalls from deals. Expecting the racing industry to rely on betting revenue is optimistic. Its deals like the Radio Pacific deal that will make racing viable.

So could someone answer. How much did Randle and Parton make?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.