ATC Letter Regarding the Supreme Court Fight Against Administration
Numbers Don’t Lie – The ATC’s Problem is Not Peter V’Landys – It is With the Club Itself
The fundamental problem with the Australian Turf Club’s (ATC) finances is easy to see, even to a layperson. It doesn’t have enough revenue streams outside of wagering to remain sustainable. The chart at the top tells the story. ATC gets 62.8% of its income from wagering distributions, either directly from the TAB or via Racing […]
ATC Finances 2016 v 2025 – By The Numbers
REVENUE: 2016: $246.3m 2025: $373.4m The ATC share of wagering revenue rose by $127 million in the past 10 years. EXPENSES: 2016: $216.5m 2025: $374.2m PRIZEMONEY: 2016: $96.2m 2025: $210.9m NON-PRIZEMONEY EXPENSES: 2016: $120.3m 2025: $163.3m Commercial Expenses: 2016: $58.9m 2025: $67.2m Racing Costs: 2016: $17.3m 2025: $25.2m Administrative Expenses: 2016: $11.0m 2025: $18.8m Track […]
The ATC in a Strong Cash Position? – My Arse
ATC chairman Tim Hale told the club’s 11,000 members in a note in October that it was “solvent, operating normally, with strong cash reserves and is asset-rich”, backed by property “potentially worth billions”. “The club’s financial stability and operational capability are not in question,” he said at the time. https://www.smh.com.au/sport/racing/racing-nsw-sacks-board-of-australian-turf-club-appoints-administrator-20251215-p5nnqn.html ATC Chairman Tim Hale says […]
Just To Be Sure
Bushy Beach, the $1.33 favorite in the 7th race at Tamworth yesterday, got rolled because the driver went too fast early. So fast that he ran a 25.5 second lead time, which I reckon might be close to the fastest first split that we have ever seen over 1980m there. Far too fast. The fave […]
Is There a Problem With the Swabs From the Eureka
News has filtered back to us that breeders of the Eureka runners are yet to be paid their breeder bonus of $10 000 each, or the breeder of the winner their bonus of $30 000. The Eureka was run almost 3 months ago to the day, and HRNSW are not short of cash to pay […]
How the Hell Can Punters Bet With Confidence in Races Like These?
The dominance of the giant stables in Sydney is getting totally out of control. Or should I say the Waller stablers dominance of the numbers in Sydney is. Take the third race at Warwick Farm today, the Maiden Plate over 1400m. There are 9 runners in the race. Chris Waller trains 7 of them. Waller’s […]
Bugger the Waterhouses’ and Their Greedy Self-Interest – Put People First
Anthropomorphism is the attribution of human characteristics or behaviour to an animal. What Rob Waterhouse is saying in posh wank language is that horses aren’t people, so stop treating them like they are when it comes to heat stress. The issue Waterhouse and his wife Gai are referring to is Racing NSW’ announcement that it […]
Oh Well, It Was a Bloody Hot Day – I Just Hope Bjorn Didn’t Try to Drive the Forklift Home!
We just received this message from a trusted source. Oh dear. It seems that the most affable trainer in New South Wales might be in a bit of bother with the Stewards in the days to come. As my mate the Eagle’s old man the bookie always use to say, punting and the piss don’t […]
Doping Crises, Headlines, HRNSW Annual Report to the Racing Minister, Moses Drive on the Odds on Fave in Race 8 at Albion Park Last Night, and Mistakes – In No Particular Order
What is doping? It is the “illegal application of any substance, except normal diet, that might modify the natural and present capacities of the horse at the time of the race.” What is Levamisole? A totally prohibited substance under the rules of racing that is not normal diet, and might modify the natural and present […]