Monday Racing Continues Positive Trend

Monday 12 March

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The Egmont Racing Club meeting today, 12 March 2012, provided further encouragement to a regular schedule of Monday and Tuesday thoroughbred race meetings.

Today’s Egmont’s eight-race programme, with a minimum $7,000 stake, produced an average field size of 10.4 after five scratchings. This is the second week of regular Monday fixtures.

The meeting produced aggregate New Zealand TAB sales of $599,140 (as compared to $596,454 last week), and Australian totalisator sales of $NZ801,838 (as compared to $1,238,241 last week).

New Zealand off-course totalisator sales were $452,421 (as compared to $430,380 last week), oncourse totalisator sales were $55,846 (as compared to $47,329 last week), fixed odds sales were $90,873 (as compared to $118,745 last week), whilst Australian totalisator sales were NZ$801,838 (as compared to NZ$1,238,241 last week).

On-course sales were assisted by a public holiday in the Taranaki region (Taranaki Anniversary Day), whilst Australian export sales were impacted by an unusually high number of Australian race meetings due to the Labour Day public holiday in the states of Victoria, South Australia, Tasmania and ACT (Labour Day). The four Australian meetings conducted (two last week), including three metropolitan meetings, resulting in only the first four Egmont races being broadcast in Australia on Sky 1, with races five to eight relegated to Sky 2 after 1.00pm AEST.

A summary of New Zealand and Australian wagering on the Egmont meeting is set out below.

 

Total Actual

Per Race Actual

Per Race Budget

Actual % of Budget

New Zealand Racing Board

NZ - Offcourse

$452,421

$56,553

$50,000

113%

NZ - Oncourse

$55,846

$6,981

$3,000

232%

Fixed Odds

$90,873

$11,359

$5,000

227%

Total NZRB

$599,140

$74,893

$58,000

129%

         

Australian Totalisator Operators

Supertab

$368,786

$46,098

-

-

Tab Limited

$273,015

$34,127

-

-

Tatts

$160,037

$20,005

-

-

Total Export

$801,838

$100,230

$80,000

125%


NZTR Chairman Matthew Goodson said that “today’s Egmont meeting exceeded budget expectations across all bet categories and continued the positive momentum of a continuity of Monday thoroughbred racing. NZTR remains cautiously optimistic about the performance of regular Monday fixtures and will be closely reviewing tomorrow’s Waipa Racing Club meeting at Te Awamutu, the first of three months of regular Tuesday meetings.”

Ends

Enquiries: Greg Purcell, Chief Executive, NZTR on 021 576 627