Tabcorp - Racing Talk - Racehorse TALK   harm-plan

Racehorse TALK



Tabcorp - Racing Talk - Racehorse TALK

Author Topic: Tabcorp  (Read 455885 times)

0 Members and 1 Guest are viewing this topic.

Offline bascoe

  • Open
  • User 2568
  • Posts: 188
« 2021-Jul-09, 04:38 PM Reply #1925 »
Pete I doubt you could find a relevant sub-text with two hands and a flashlight.

How about you create a new, separate thread "Pete's Insights" - and post all your thoughts there, so we do not have to skip the wisdom pearls on the useful threads

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2021-Jul-09, 08:40 PM Reply #1926 »


...... even the handicapped are interested in the sale of tabcorp-wagering


Perhaps 'basscoe' could offer a view on how this might play out and the possible impact on most punters.

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2021-Sep-28, 06:44 AM Reply #1927 »

COVID surge in 'online gambling' -- separating fact and fiction

The SMH reports this morning

Spending on online gambling in Australia’s two biggest cities has peaked at 329 per cent above normal levels during the latest lockdowns.

What is not reported is the decline in TAB turnover in retail outlets, pubs, clubs and agencies which have been closed.

If the best alternative option to over the counter is over the net, presumably punters adapted ............ but did they bet more at home than at the pub?

It would be interesting to have the full story --- are there monthly numbers published for total TAB turnover (and bookmaker turnover) in the different states?
 

Offline bascoe

  • Open
  • User 2568
  • Posts: 188
« 2021-Oct-11, 03:42 PM Reply #1928 »

Another great day betting with TAB - I've seen this a lot today - bets not going on, 20 mins to close races and get results - need more people on cycles to power the creaking old machine
« Last Edit: 2021-Oct-11, 03:44 PM by bascoe »

Offline ratsack

  • VIP Club
  • Group 1
  • User 327
  • Posts: 12092
« 2021-Oct-11, 05:14 PM Reply #1929 »
first day in NSW out of lockdown and the TAB shits itself

now that is funny        :lol:

Offline ratsack

  • VIP Club
  • Group 1
  • User 327
  • Posts: 12092
« 2021-Oct-11, 05:15 PM Reply #1930 »
the sad part is , the TAB is broke and so are the scabs

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2021-Dec-13, 08:38 AM Reply #1931 »


Murdoch makes his move

Rupert Murdoch’s News Corp Australia is in the final stages of securing a wagering partner for the launch of its bookmaking business, with two local outfits and an international company competing to take part in the joint venture.

It may also be that newscorpse is still more interested in taking over Tabcorp-wagering than partnering with a smaller going-concern.

............ the sub-text is that Tabcorp is putting the 'wagering' business into a separate 'for sale' box

Offline bythelake

  • class1
  • User 3037
  • Posts: 14
« 2022-Feb-05, 11:24 AM Reply #1932 »

Murdoch makes his move

Rupert Murdoch’s News Corp Australia is in the final stages of securing a wagering partner for the launch of its bookmaking business, with two local outfits and an international company competing to take part in the joint venture.

It may also be that newscorpse is still more interested in taking over Tabcorp-wagering than partnering with a smaller going-concern.

............ the sub-text is that Tabcorp is putting the 'wagering' business into a separate 'for sale' box

There are some major players totally controlling horse race wagering in Australia, and the Murdoch's are a major part of it.

The Murdoch's  already have a strong association in wagering in the UK and US, through it's ongoing association with the global bohemoth Flutter Entertainment, who through it's SPORTSBET Brand have an estimated market share of 52% of Australian wagering.

In 2020, the Murdoch Family bought an additional 37% stake in in US fantasy sports outfit FanDuel for a whopping US$4.2 billion.

https://www.crikey.com.au/2020/12/08/toxic-gambling-industry-no-barrier-to-the-murdochs-as-they-up-gambling-stake/

In April 2021, it was announced that Lachlan Murdoch had moved back to Sydney, and there has been speculation around Lachlan Murdoch’s return to Australia.   Fox Corporation have trademarked “Fox Bet” in Australia, and this sheds some  light on Murdoch’s bigger-picture plans.
 Fox’s strategy is to tap the explosive growth in online live sports betting.

https://medium.com/the-saturday-paper/inside-lachlan-murdochs-play-to-save-fox-272d6f7fb3ae


In May 2021 News Corp Australia was reportedly in late-stage discussions with a group headed by renowned Australian bookmaker Matthew Tripp.
That could lead to the creation of a new wagering entity and a run at Tabcorp’s media and sports betting businesses.

https://www.casino.org/news/news-corp-may-team-with-matthew-tripp-on-aussie-sports-betting-group/


In May 2021, Matthew Tripp, The former CEO of Beteasy and Crownbet announced plans to merge the spun off Tabcorp TAB Wagering division with Betmakers.

https://www.afr.com/rear-window/matt-tripp-s-tabcorp-bonanza-20210525-p57v1x

Also in May 2021, TABCORP also received a $4 Billion Dollar Bid for TABCORP's Wagering Division from the Matthew Tripp backed BETMAKERS.

https://www.afr.com/companies/games-and-wagering/tabcorp-gets-4b-bid-from-matt-tripp-backed-betmakers-20210528-p57vzd


In June 2021, Newscorp is one of the major players in the battle for Tabcorp's TAB wagering business and is also in business talks with Matthew Cripp.

https://micky.com.au/a-possible-new-player-on-the-aussie-betting-market/


In July 2021, Tabcorp has announced it will pursue a demerger strategy with BetMakers, which will see all current bids rejected for its wagering business. 

https://www.gamblinginsider.com/news/12410/tabcorp-announces-demerger-with-betmakers


In February 2022, Matthew Tripp, The former CEO of Beteasy and Crownbet has paid $19.36m for close to a 5% stake in Betmakers.

https://www.yogonet.com/international/news/2021/02/17/56512-matthew-tripp-takes-usd-1936m-stake-in-betmakers

Betmakers is an Australian wagering software and data services company.

Fox’s strategy is to tap the explosive growth in online live sports betting.

https://tvnewscheck.com/business/article/fox-corp-bullish-on-sports-betting/

TABCORP / BETMAKER / Matthew Cripp's strategy is to create a National TAB, open up Horse Race Wagering worldwide, and especially to the lucrative Asian Markets, and wagering in Hong Kong and Singapore, with the potential to increase the takeout rates to 25%.

The fact that you are being asked to pay a subscription service to RACENET and PUNTERS for the services they offer, is more about controlling the media in relation to both sports and horse race wagering and restricting PUNTERS from having a voice in relation to anything related to wagering.

There are lucrative PROFITS to be made from SPORTS and HORSE RACE WAGERING, and very few players sharing in the spoils.

Offline Arsenal

  • VIP Club
  • Group 1
  • User 194
  • Posts: 18432
« 2022-May-02, 08:55 AM Reply #1933 »
The spanner was in the works today on TAB  I had a small bet on General Wolffe in R6 at Ipswich @$16 but when I put it on there was a message the price has changed to $9 it was still showing $16 so I eventually got through all the barriers you go through to talk to someone in authority at TAB HQ it was showing $17 then $18 I was allowed to cancel the bet then it went into lockdown N/A showing on all the runners.
I think it's only  a rough chance there a couple of others with better form but I have been on his horse for a while and he is drawn well with another new jockey Karl Zegner who I have never heard of hope he gets the best out of the General
Giddy Up :beer:   

Online wily ole dog

  • Group 1
  • User 218
  • Posts: 30455
« 2022-May-02, 09:13 AM Reply #1934 »
I had the same issue yesterday. Odds changed then we’re frozen in the betslip whilst still fluctuating in reality

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2022-May-02, 09:23 AM Reply #1935 »


copped @ 8.5................... a rare tip from the court-reporter

Online wily ole dog

  • Group 1
  • User 218
  • Posts: 30455
« 2022-May-02, 09:55 AM Reply #1936 »
Arsey, 11 & 8 look tough nuts to crack

Offline Arsenal

  • VIP Club
  • Group 1
  • User 194
  • Posts: 18432
« 2022-Jun-01, 03:32 PM Reply #1937 »
TAB agencies around the suburbs near where we live have closed first Greenslopes closed years ago I used to run into Peter Burge frequently and Steel Ryan's dad would pop in on a Wednesday......  then Mt Gravatt on Logan Rd went ......recently Wishart/Mansfield on Newnham Rd  closed .....they were all in Brisbane suburbs not that I use them anymore but there would be punters who are used to frequenting those shop front agencies who  I expect would be at a loss. Strange I haven't seen any announcement from the TAB about these closures. I presume other cities /towns would be in the same boat yet they advertise promotions for other than online punters I think they call them in (something) venues leaving only clubs and pubs and the casino.

Giddy Up :beer:

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2022-Jun-01, 04:57 PM Reply #1938 »

60 years on, stand-alone TAB agencies may be redundant


Expect some brutal commercial reality as Tabcorp-wagering is  readied for sale.

Betting shops have never been the most welcoming venues in which to loiter -- only a hardened few still do.

Phone-tab, agencies in pubs and clubs (and Australia Post), home-telecasts et al  turned the tide before the at-home, on-line COVID-education program made the point clearly-- stand-alone agencies are not necessary.

.............. bank branches are not where they used to be either.



Offline Arsenal

  • VIP Club
  • Group 1
  • User 194
  • Posts: 18432
« 2022-Jun-05, 04:50 PM Reply #1939 »
The TAB sponsors the Courier Mail formguide in Brisbane, on Saturdays it is a 6 double page liftout and with jockey colours on Brisbane races with commentary only for 5 races then form for the rest......... there were 10 races at Eagle Farm on Saturday...............  both NSW & Victoria absent jockey colours get fields and commentary together with fields for SA with some commentary usually only on 3 races ............the same for WA,Gold Coast & Toowoomba........ with fields for two greyhound meetings and the back page for Albion Park Harness Racing with limited commentary.

While SKY Thorougbred Central on 528 covers Brisbane Sydney and Newcastle races the TAB doesn't include fields or any form for Newcastle in the CM ...they pretend it doesn't exist.

On Saturdays The TAB operates on quite a few country and provincial venues as well as international none get a mention in either Friday or Saturday's formguide.
 
Friday's CM has jockey colours for all Brisbane , Sydney and Melbourne races the following day but full form only for about half the races at the end on the program on the early races you get commentary.

The most obvious omission in the form guide is Newcastle which doesn't rate inclusion in either Friday or Saturday's form guide......but gets the same airtime as Brisbane does on  SKY TV 528

No Wonder theTAB shares are at rock bottom when issues like this reflect on their competence and lack of customer service.

Giddy Up :beer:


 

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2022-Jun-05, 06:18 PM Reply #1940 »

No longer the Texas-Taverns: Tabcorp-TABs are not where the action is 


Only slow-learners now wonder why 'corporates' (including fixed-odds TABs) were allowed to displace TAB tote-onlys.

Once fixed-odds corporates linked with inflated-field administrators, the game was over and out for the most-punter set.

Inexplicably the most-punter 'sheep' line up to be fleeced with wide-comb shears  -- the plain 'stupidity' of addicted punters in Victoria will be the grist for a social psychology mill.




Offline timw

  • Group3
  • User 2166
  • Posts: 952
« 2022-Jun-05, 06:34 PM Reply #1941 »
Arsenal

Based on your description of racing content the Courier Mail is sheer racing luxury compared to the Melbourne Age my favourite left wing paper which mainly has only fields for Melb / Syd or Melb/Brisbane in winter on a Saturday. If there is no Vic country meeting on a Monday we get NSW country fields.  I sometimes walk down to the local supermarket to buy the Melbourne Herald-Sun on a Saturday morning to get extra info and we get weekend trots and dogs fields as well thanks be to god.  Otherwise it's the laptop which I hate being an old timer.

The next gen may not even read papers.  Daughter no 1 might read the first half dozen pages if she has time.  I have never seen daughter no 2 read a newspaper (even a lifestyle supplement) or even ask if she can read the Age online.  Clearly I have failed as a parent.  It seems kids rarely look at paper.  Unbelievably neither bought text books for university yet my generation kept uni textbooks as quick reference guides. 

The world has irrevocably changed.

Cheers

Online JWesleyHarding

  • Group 1
  • User 231
  • Posts: 22568
« 2022-Jun-05, 07:46 PM Reply #1942 »
Dunno how a newspaper, whose  ultimate boss is Peter Costello, can be describe as “a left wing paper”


 :what:

Offline fours

  • Group 1
  • User 704
  • Posts: 9960
« 2022-Jun-06, 09:55 AM Reply #1943 »

Offline Arsenal

  • VIP Club
  • Group 1
  • User 194
  • Posts: 18432
« 2022-Jun-07, 03:03 PM Reply #1944 »
Interesting disclosure about TAB ending advertising exclusively in QLD........this  could mean the end of TAB sponsoring the form guides in the CM.

It'll  be interesting to see how TAB goes with negotiating with the race clubs.

 Prior to TAB sponsorship of the form guides it was from memory Ladbrokes who did the deal.

Giddy Up :beer:



Online Gintara

  • Group 1
  • User 16
  • Posts: 14155
« 2022-Jun-07, 05:06 PM Reply #1945 »
Dunno how a newspaper, whose  ultimate boss is Peter Costello, can be describe as “a left wing paper”


 :what:

I thought it was quaint that people still buy newspapers  :dry:

This seems fairly apt -


« Last Edit: 2022-Jun-07, 05:10 PM by Gintara »

Online wily ole dog

  • Group 1
  • User 218
  • Posts: 30455
« 2022-Jun-07, 05:42 PM Reply #1946 »
LOve sitting in my local cafe having brekky & reading the paper in the morning.  8-)

Online Peter Mair

  • Group 1
  • User 326
  • Posts: 6586
« 2022-Jun-07, 07:15 PM Reply #1947 »


NINE-Media is a very broad church

                                  ............ do not forget 9M is responsible for FOX-RADIO 2GB

Offline PoisonPen7

  • Group 1
  • User 55
  • Posts: 23872
« 2022-Jun-08, 03:57 AM Reply #1948 »
Interesting disclosure about TAB ending advertising exclusively in QLD........this  could mean the end of TAB sponsoring the form guides in the CM.

It'll  be interesting to see how TAB goes with negotiating with the race clubs.

 Prior to TAB sponsorship of the form guides it was from memory Ladbrokes who did the deal.

Giddy Up :beer:


QLD wagering giants blindsided by POC hike

Updated: One of Queensland’s largest wagering operators has hit out at a decision by the State Government to up the Point of Consumption Tax, saying they weren’t even called about the decision prior to its announcement.

Entain Australia, who operate Ladbrokes, Neds, Betstar and Bookmaker.com, said they were blindsided by the move and would now need to consider their stance further.

With the new legislation meaning bonus bets would now fall under the POC, wagering sources said incentives to Queensland punters could be cut as a result.

“Entain is surprised and disappointed that a decision of this magnitude, which will have a direct and very real impact on our business would be made without any consultation,” an Entain spokesman said.

“We are proudly a Queensland-based business which employs more than 550 people in this state. In addition to GST, payroll and company taxes we have contributed more than $55 million over the past year alone to the Queensland Government and Racing Queensland through the existing POCT and product fee structure. For this announcement to be made without even the courtesy of a phone call is staggering.

“Given the sudden nature of this announcement we will take to time to review and understand the impacts on our business before responding in greater detail.

“We are hopeful in gaining an audience with the Racing Minister and the State Treasurer to discuss the impact of these proposed changes. We also look forward to hearing from Racing Queensland to understand their views on the significant and inevitable impact this will have on turnover on Queensland racing product.”

***

Queensland punters will be slugged an extra five per cent after the State Government announced they would up the point of consumption tax on corporate bookmakers from 15 to 20 per cent later this year.

The move will see the Queensland racing industry no longer funded by government handouts and instead completely reliant on income from the POC tax along with race field fees.

In order to streamline the revenue streams, the Queensland racing industry will now receive 80 per cent of POC revenue, compared to the 35 per cent that had previously been agreed upon.

Racing Queensland will also receive a $150m in payments from Tabcorp, after the racing body agreed to drop their long-running Supreme Court dispute with the wagering giant over POC payments.

In a kicker for Queensland race clubs, they will now no longer be limited to TAB agreements, meaning they can go and negotiate deals with other wagering operators, similar to that in Victoria.

“While Tabcorp will still offer on-course betting services and retain retail exclusivity, its on-course ‘sponsorship and advertising’ exclusivity will end once these changes take effect,” Racing Minister Grace Grace said.

“This means race clubs across Queensland will have opportunities to enter into new sponsorship agreements with other wagering service providers.”


https://www.racenet.com.au/news/point-of-consumption-upped-as-racing-queensland-nets-150m-windfall-from-tabcorp-20220606

It will be hard to see Ladbrokes offering sponsorship given their anger. But these things can be negotiated. After all, as we have seen with COVID, governments all across Australia spend money that belongs to future generations like the world is going to end next week  :no:

Online wily ole dog

  • Group 1
  • User 218
  • Posts: 30455
« 2022-Jun-08, 05:10 PM Reply #1949 »
Entain Australia, who operate Ladbrokes, Neds, Betstar and Bookmaker.com, said they were blindsided by the move and would now need to consider their stance further.


All I can say to that is cry me a river & boo fergung hoo 😰😰😰


BACK TO ALL TOPICS
Sitemap