The Ponzi Scammer

Remember the dead Ponzi scammer John Adams, whose crimes we exposed on this site? Here’s the latest on the hunt for the missing millions that he stole. AFL Ponzi scheme boss ‘hid $5m holiday house asset’ The architect of a $100 million Ponzi scheme that ensnared high profile AFL figures died without any assets in […]

Mark Latham Takes Another Sneak Swing at PVL – And Falls Flat on His Face – There are a Whole Lot of Villains at Play Here – None of Them are Peter V’Landys

PETER V’LANDYS: Absolutely. My evidence today will absolutely destroy what they’ve written in that letter anyway because none of it is true. The other thing that was said in Parliament, which is completely false, is that I interfere in stewards’ inquiries. In the 20 years I have been at Racing NSW I have not interfered—and […]

Mark Latham’s Star Witness

Hundreds of thousands of dollars allegedly went missing from one of NSW’s most successful country race clubs and it only narrowly avoided going under after Racing NSW granted it the benefit of the doubt. The Sunday Telegraph can reveal the mysterious case of the missing cash, which an auditor suggested was misappropriation but the club […]

Extracts From Racing NSW Draft Strategic Plan – The Cost of Owning Horses – And the Vital Importance of Prizemoney

Racing NSW has collected training cost information from a cross-section of trainers in order to estimate the total payments made by owners for racehorse training, veterinary and spelling costs. Assuming a horse is in work eight months and spelling four months each year, a survey of Metropolitan, Provincial and Country trainers reveals the average annual […]

Extracts From Racing NSW Draft Strategic Plan – NSW Jockeys Earn Twice as Much as QLD Hoops – And Why Every Stablehand Wants to Work For the Blues

Returns to Trainers, Jockeys and Stablehands The exponential increases in prizemoney in NSW has not only benefited the owners, but has seen trainers, jockeys and stablehands all receive growth in incomes that far outstrips any other state in Australia. This shared success through the distribution of prizemoney has ensured that all participants in NSW have […]

Jumps Racing Must Cease

I’m a massive fan of jumps racing and always have been, but when you have seven horses die during the relatively short jumps racing season and three perish on the showpiece final day, plus a jockey in intensive care wife life shattering head injuries, it’s becoming hard to the point of impossible to mount an […]

The articles published on this site are the honestly held opinion of the author, based on observation, research and the materials available to and read or watched by them. The author makes no representation that the opinions expressed are strictly factual or provable in law. Racing is funded by public money, and issues to do with racing and gambling are matters of public interest. The honestly held opinions expressed in articles on the site are published on the basis of the public interest in the integrity of racing. Should any person believe that the author's opinions expressed herein are incorrect we encourage them to contact the author at peterprofitracing@gmail.com with their concerns, and appropriate corrections, alteration and deletions where appropriate will be made.
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