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What odds are you offering on this and how much can we get set for. C'mon son put your balls on the line and back up your stupidity Greg -
By shaneMcAlister · Posted
If this is true, it must be taken in context that Australia probably still has at least 10 bookmakers to choose from, hence still competition.
NZ wants just the TAB. To make matters worse we still want to be able to let overseas customers use our TAB. Can’t have cake and eat it. -
It is my understanding that the Australian Government has already introduced legislation preventing Australians from betting on overseas betting agencies -
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This is an insightful post. You are right Shane but the problem still lies with the execution of a business model that remains unclear. On the 14th December (seems like such a long time ago) an internal note recommended approaching the Minister for a bailout of $21m. This was later revised to $26m (coincidentally the amount they were going to default on) and then Covid did its thing. What is obvious is that there seems to be little in the way of direction in respect of strategy. The reason the bookmakers did/ are doing well through a lock down is exactly as Share said, if you like gambling and went to the local to do it, then you needed to get on-line. Just take a look at how many people started getting their favourite produce on-line. I supported the local butcher because I thought it unfair to both the farmers and the butcher that they couldn't sell their stuff but it was OK that we give our money to the Australian sharks who own the supermarkets. Figure that. So I bought my meat on-line. Dam good meat too I might add. So what strategy was made public to RITA's customers to get them betting? Nothing. In there lies the problem. -
Not outlandish at all, I suspect a further bailout will be required this year and it will not be given, herein the potentia sale. My odds very short -
Dont work for RITA or previous crowd. Your correct about price sensitivity Greg
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By shaneMcAlister · Posted
Hi Greg His statement is not that outlandish, RITA/TAB was two days away from being broke till it got $50M from Winston Peters. $27M was needed for immediate debts.
During lockdown RITA have been making changes, however these changes can hardly be classified as revenue growing. We could potentially find that RITA turnover post lockdown is much further down than anticipated. Hopefully not.
I have a friend that works for Australian bookmaker and he said during lockdown their turnover is way up. Reason for this is that apparently 30% of aussie turnover is done in clubs, pubs and TAB outlets. With these closed customers have set up some new online accounts. This will have happened in NZ to some extent too.
RiTAs model for growth seems to be to produce a worse product (Less presenters, less cameras, less face to face betting, less prize money, less quality horses etc) and get the government to make it law that we must do our betting on this, through a shit overpriced betting platform.
Don’t get me wrong I think Dean is obviously very capable and the RITA board have all been professionally successful but this current ruination of our domestic product is very concerning and appears to me (little experience) to be short sighted. -
No but I'm also not the idiot who said the TAB would be broke by December and in the hands of Ozzies . Put up or shut time Tom and I think we a know your running already Greg
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By Taku Umanga · Posted
The results haven't been updated with the qualifiers yet - always happens like this. -
By Harry Newshound · Posted
Racing from Belmont Park returns June 3, highlighting this week's extensive radio and television coverage of racing. Here’s this week's schedule compiled by America's Best Racing. View the full article -
By Harry Newshound · Posted
Kentucky Downs' six-date live race meet in September will feature two of the world's most prominent announcers in Michael Wrona and new addition Larry Collmus, the voice of NBC's Triple Crown and Breeders' Cup broadcasts. View the full article -
I think your 45%,thru the SST is absolute nonsense. I would doubt it breaks 20%, interestingly at my local tab all the young ones sports bet over the counter as they found the machines unreliable and continually rejected cash, good luck with that. I won't ask CJC, they probably wouldn't know anyway, but this is something Rita should be tabling to justify their stand Thank god for professionally run overseas betting sites
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Its tough finding winners at present but factoring in knowledge gained is all we can do... Sandown Tomorrow Place multi with small win cover R1— Peppers Ghost ( nice against field that has produced winners fresh up) R2– Cirrina( needed cover last start) R3– Stravain ( should get tempo) if these dont come in im going for a spell -
I dont smoke weed Tassy One of those lasses i met last time i was there was a friend who has no idea about racing , and unfortunately most deserve to be laid off with all due respect, there are 4 or 5 that are ok You want to bet on course you need to use your celly, and have a Battery back up. Not ideal
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By tasman man 11 · Posted
Oh no Gruff ,I thought you might have shown the lovely lasses and guys on the windows some kindness since they just got laid off ! There's been an outpouring of grief for these folk...you been away ? Was that you ,that young chap lost in the bush at top of South Island ? -
And they are shithouse, most dont like NZ dollars which makes it untenable with a queue, but most operators at Ellerslie are not much better.
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By tasman man 11 · Posted
Hi Col, Did a lot of reading on reports , documents etc during lockdown plus from quotes from people in the know over the past couple of years. A lot of pub/tabs etc only have SST's ...there are 550 x retail outlets in NZ. No great surprise they are going in this direction in view of wage cost and fact that the old machines had done their time. I often struck some that didn't read the card properly. -
By tasman man 11 · Posted
Fair enough......ask them .......but Riccarton is 1 venue, there a apparently over 550 x Retail outlets in NZ and hundreds I guess only have SST's.
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