JJ Flash 2,135 Report post Posted June 12, 2021 From the HRNZ website an update from new Chair At a club /owner level here is the latest "I appreciate that clubs are waiting on funding information for next season. Until the TAB can confirm its distribution and Racing New Zealand have agreed on the distribution model, we are not in a position to announce any detail. There has been considerable work going on in the background looking at developing a transparent funding model for clubs. After the Racing New Zealand meeting on 30 June, the Board of HRNZ should be in a better position to inform clubs early in July of indicative funding for the 2021/22 season. Quote Share this post Link to post Share on other sites More sharing options...
JJ Flash 2,135 Report post Posted June 13, 2021 Quote Share this post Link to post Share on other sites More sharing options...
dkc 181 Report post Posted June 13, 2021 Increase in races 27% Increase in on and off course turnover 26% Most people can work out that per race that is actually a decrease per race Funding for next year will be interesting!! JJ Flash 1 Quote Share this post Link to post Share on other sites More sharing options...
JJ Flash 2,135 Report post Posted June 13, 2021 Net revenue coupled with respective GBMs will play the biggest role. It will and should be a real bullfight for distributions. Quote Share this post Link to post Share on other sites More sharing options...
tasman man 742 Report post Posted June 13, 2021 8 hours ago, dkc said: Increase in races 27% Increase in on and off course turnover 26% Most people can work out that per race that is actually a decrease per race Funding for next year will be interesting!! Total Domestic turnover was up 37% so it is an increase. Not game changeing but maybe arrested the decline of previous years where Harness had dropped some 30% in a relatively short time !. Also Fixed odds betting get close to 50 % of total. JJ Flash 1 Quote Share this post Link to post Share on other sites More sharing options...
dkc 181 Report post Posted June 14, 2021 Fixed odds betting is where the increase is but still they get rid of anyone who is making money. If they are making 14 or 20 percent why limit successful punters. Also where is the data on bonus bets I have been betting on a 10 bonus bet I received 4 weeks ago. That $10 has created over $300 in turn over so far and still counting. When it gets down to zero you just wait for the next one. Quote Share this post Link to post Share on other sites More sharing options...
