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Thread: Industry Indicators - Good, Bad & Ugly

  1. #171
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    And the first link talks about

    The idea could be funded by a new bet type that may be coming on line in the new year through the TAB. Tabcorp would not comment on any developments of a new bet type last week.


    https://amp.smh.com.au/sport/racing/...mpression=true

    If that was the case we're talking Tabcorp again
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  2. #172
    Senior Member Horse Of The Year Dot will become famous soon enough
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    Yes but a new bet type that generates additional turnover that racing is then entitled to a share of is different to a sponsorship whereby TABCORP either gifts the money or receives other benefits for handing it over as a sponsor of the race.

    Not in the age article but racing.com I think mentioned $500,000 as being the sponsorship amount from TABCORP, I’ve no idea how or where the rest is coming from but I can’t imagine Peter V’Landys announcing a $7.5m race that he isn’t guaranteed the bulk of the funding for. No doubt there is a stoush between Vic and NSW, have to wait and see how it turns out, but I still feel this has a lot to do with publicity for the race.

  3. #173
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    I cannot see how a 'turf' war between the 2 states is good for their industry, it would seem as though their code is as incapable of working together as ours
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  4. #174
    Senior Member Horse Of The Year Dot will become famous soon enough
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    Why not Kev? Isn’t it just competition as exists in many other industries, usually to the benefit of the consumer? V’Landys initiatives have added $20.5 million ( oops that’s actually $25.5m)to the prizemoney pool in both states and generated a renewed interest in the industry. How would just maintaining the status quo be better?

    Some might say this is all at the top end of town and for the most part it is, not likely to see too many battlers in these races but it isn’t actually impossible, but both states have quite recently announced prizemoney increases across the board as well.
    Last edited by Dot; 12-14-2018 at 01:33 PM. Reason: Can’t add up!

  5. #175
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    Just my opinion, I think competing with iconic races does nothing for the sport. As pointed out in the media - the best jockeys cannot be at both meets
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  6. #176
    Senior Member Horse Of The Year Dot will become famous soon enough
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    You don’t think that $7.5m won’t bring enough of the best jockeys in the world to make the jockey pool big enough Kev?

  7. #177
    Senior Member Horse Of The Year Dot will become famous soon enough
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    Betting declines, purse cuts in France.

    http://www.harnesslink.com/Europe/Fr...-by-11-percent

    They’ve stopped simulcasting races from Yonkers on Sundays, have to wonder if interest and support for Australian trots races will be effected.

  8. #178
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    Quote Originally Posted by Dot View Post
    You don’t think that $7.5m won’t bring enough of the best jockeys in the world to make the jockey pool big enough Kev?
    You will always have a big jockey pool even without internationals but as for the best being in 2 places at the same time
    Sounds a bit:
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  9. #179
    Super Moderator Stallion Messenger will become famous soon enough Messenger's Avatar
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    Page 2 of the Age this morning confirmed that the sponsorship is only $500k and that the likely replacement is Crown Casino - they need something to counter all Star Casino's sponsorships
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  10. #180
    Senior Member Horse Of The Year Dot will become famous soon enough
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    Quote Originally Posted by Messenger View Post
    You will always have a big jockey pool even without internationals but as for the best being in 2 places at the same time
    Sounds a bit:
    But don’t you think the industry in BOTH states will benefit most from having TWO big meetings on at the same time even if the jockey pool, which is likely to be expanded by internationals is divided? The two big races are age specific so don’t impact on the horse pool for each other though granted the pool for support races may be stretched, but that should provide opportunities in the long run for more horses.

    Kev your always on about the gap between races oncourse and what do patrons do inbetween races, well presumably here they watch the races from the other state on the big screens and bet on them. Victoria’s Derby get some international coverage but don’t you think the Golden Eagle will get a whole lot more? With flow on effects for concurrent meetings? More international betting then just “the big one” of the Melbourne Cup means more revenue for the industry.

    And that’s not just good for the gallops but harness as well, in NSW at least harness is guaranteed by legislation a fixed percentage of the total turnover pool. Not so cut and dried in Vic, but pretty sure Vic harness also benefits from increased turnover on gallops.

    Second year of the Everest and did wagering decline on Vics Melbourne Cup Carnival? No went up 1.5%.

    But hey you’d rather not innovate just because a few of the best Australian jockeys may not ride at Flemington!

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