Punters will have to adapt to self service terminals as operator-assisted totes are phased out.
Brace yourselves for serious stake cuts - RITA to reveal its funding budget on Friday
By Barry Lichter • 23 June 2020
Funding to the codes for next season’s race stakes will be known on Friday and it could be up to 25% down on this year.
The revelation yesterday, from Harness Racing New Zealand’s interim chief executive Phil Holden, confirmed fears that the industry is on the verge of severe stakes reductions.
The Racing Industry Transition Agency board is meeting today and Holden says it will reveal its budget to the codes on Friday.
“We’ve had some broad conversations with them and it’s fair to say it’s going to be significantly less. It could be anywhere up to 25% less.”
Holden said the three racing codes had yet to come to an agreement on just how RITA’s bulk funding will be divided between them.
But already talk around the traps is that there will be a severe cap placed on prizemoney for all Group races, a move that is sure to see even more horses and trainers abandon New Zealand.
Cambridge Raceway CEO David Branch is hoping that the coming cuts won’t mean that speculation about $5000 races proves to be correct.
Of the four clubs which raced in the last two weeks, Cambridge recorded the lowest turnover of $589,234. Branch, however, said it wasn’t far removed from what he’d expect on a normal mid-winter Thursday.
$7000 on-course turnover
The official on-course turnover was just $7000, though Branch pointed out that another $12,000 was put through its Clubhouse, which as a stand alone TAB comes under off-course turnover.
Cambridge had four operator-assisted terminals open in the grandstand and one self service terminal.
The second lowest turnover, $598,472, was at the other northern meeting at Alexandra Park where, on its first night open to the public, on-course betting was also a pitiful $7000.
The Auckland Trotting Club also has a TAB next to the Alex Bar which would have added more turnover, again grouped under the off-course total.
Total turnover on the ATC’s nine races was $598,472, an average of $66,497.
Invercargill saw a turnover drop on the previous two weeks, its $700,175 last Saturday testimony to competition from the first gallops meeting at Pukekohe.
Addington, with it’s prized Friday nights, continued to post strong figures, with averages per race of $89,886 and $112,870.
Asked if the low on-course turnovers were disturbing, Harness Racing New Zealand racing and marketing manager Darrin Williams said they probably indicated people were already using their own devices to bet.
On-course betting totals in the last two weeks were:
Cambridge: $7000.
Auckland: $7000.
Invercargill: $10,000, $12,000.
Addington: $18,000, $12,000, $11,000, $17,000.
Under the present bulk funding rules, clubs gain no extra income from increased on-course turnover.
Turnover details
Thursday night, June 11 Cambridge (10 races) $589,234, average per race $58,923
On-course $7000, off-course $282,000, fixed odds $300,000.
Friday night, June 12 Addington (12 races) $1,078,639, average per race $89,886
On-course $18,000, off-course $525,000, fixed odds $534,000.
Saturday, June 13 Invercargill (10 races) $754,963, average per race $75,496
On-course $12,000 off-course $477,000, fixed odds $265,000.
Sunday, June 14 Addington (9 races) $671,021, average per race $74,557
On-course $12,000, off-course $376,000, fixed odds $283,000.
Thursday night, June 18 Auckland (9 races) $598,472, average per race $66,497
On-course $7000, off-course $269,000, fixed odds, $322,000.
Friday night, June 19 Addington (10 races) $1,128,700, average per race $112,870
On-course $11,000, off-course $548,000, fixed odds $568,000.
Saturday, June 20 Invercargill (10 races) $700,175, average per race $70,017
On-course $10,000, off-course $382,000, fixed odds, $307,000.
Sunday, June 21 Addington (12 races) $966,098, average per race $80,508
On-course $17,000, off-course $554,000, fixed odds $394,000.
More news in Harness
Prince Lincoln finally shows what he’s made of - and, wow, was that a blazing demolition!
Hey Wendy and Amy, go easy of Fergs as he’s doing a sterling job taming Lincoln Linda
Third time lucky for Wave’s little bro Omaha Lincoln who finally debuts at Auckland
Copy N Paste a ‘tradesman’ but look for bold debut run at Cambridge on Thursday night
Our runners this week: How our trainers rate them
Ray’s comments
Thursday night at Cambridge
Race 4: Lincoln Linda
6.38pm
“I’m not sure where she’s at. It’s a big drop in class - there’s not much in there - but I don’t think she’ll morph into a star. She was hitting the sulky wheels last time and over-racing but that won’t happen again.”
Race 6: Lincoln Maree
7.36pm
“She paced roughly last time but we’ve done a bit of work on her since so she should be happier this time. It depends on the trip she gets (from four) but she’ll go an honest race. She’s no superstar, but she doesn’t miss many cheques.”
Race 8: Copy N Paste
8.45pm
“He’s dour and tradesman-like but he’s getting there. It’s his first time off the place, and the trip will improve him, but I wouldn’t be surprised to see him competitive in what is a very weak field. Sometimes you don’t know what the Bettors Delights have got until they front up at the races but he trialled well and beat a couple who are against him here.”
Ray’s comments
Friday night at Auckland
Race 1: Prince Lincoln
4.53pm
“He actually tried last time. He’s a nice horse but can change his mind quickly. Full blinds woke him up last time so we’ll see if he responds to them again this time.”
Race 3: Omaha Lincoln
5.46pm
“I think he’ll go a good race but it’s his first time at Alexandra Park so I don’t want to talk him up too much. He’s got enough ability to win a race like this, whether he’s ready to do it, we’ll find out. He can get a bit keen at times but I think he’s a chance if he does everything right.”
Race 5: Spiritual Bliss
6.54pm
“It was another great run last time after leading and she’s a good, tough mare who will go another good race. What trip she gets will determine where she finishes. From five, I’m picking she might go back this time but I’ll leave that up to the driver (Harrison Orange).”
Race 6: Sharpe Stride
7.24pm
“He’s a nice trotter, a big strong colt. He can get a bit hot but there’s nothing wrong with how he goes. He’s certainly not good enough to deal with these but he’s there for a run around.”
Race 9: Leo Lincoln
8.57pm
“He’s racing in career-best form and they were struggling for runners so I put him in. He gets a starting fee of $1750 so we won’t go home empty-handed. I’m really happy with him, he’s handling right-handed racing better these days. But he’s racing the bear cats so I’m not suggesting for a second he’ll give them a fright.”
Race 10: Colonel Lincoln
9.25pm
“I thought he went super last time. It was a vast improvement on the previous two starts and you’ve got to remember he was out for a long time. He’s coming to it now and improving all the time. I couldn’t label him but I’d be surprised if he’s not in the first three or four. He’s trained on well and gets a front row draw.”
Race 10: Sugar Ray Lincoln
9.25pm
“He was given too much to do last time - up to park at the bell - and you can’t drive the ears off them every time. With a more conservative trip he’d be right in it.”
