What are betting operators plans with racing in SA

There is one aspect to the management of "P" that continues to baffle me ..............the large shareholders, who are still active in business, are extremely successful people and have consistently being so, and that can never be by mistake!.............so why is the poor management of their investment tolerated?

It's a difficult one for any business when your core asset turns into an ever growing liability.

Unforgivable though if you treat the symptoms and not the cause and put no remedies in place to tackle a future catastrophe.

Subsidising local racing could never be the optimal strategy and will continue to hurt future earnings whereas a healthy racing portfolio will add real thrust to the very successful diversified operations.

It is terrible indictment of modern business and the reason for many corporate failures when only short term gains and rewards are sought rather than a combination that includes long term growth strategies for sustainable results and longevity.

The objectives that are set and the way it is measured and rewarded determines the rules of engagement and employees can mostly not be blamed for playing the game, that has to be placed firmly at the door of management.

very very poor crowds at Turffontein, can anything be done to get folk interested again?

It's a product thing Bob, no matter what spin they try and put on it.

Sell participation through more exciting offerings first and the crowds will get substantially bigger over time.

Racing has a proven record of failed marketing campaigns because they concentrate on the wrong objectives and it frustrates me no end to see them trying the same things over and over and still expecting different results.

This game needs new thinking as it isn't short of the money required to make a come back, just too many thoughtless ideas and lack of creative efforts.

Looking at today's racing both locally and from Meydan it is clear that the sport has so much to offer in terms of excitement and beauty.

With a new approach racing could appeal to an ever growing customer base seeking competitive entertainment and social interaction.

Cannot believe it is so hard for the industry to see that it needs to reach out to a broader group with a more entertaining product offering.

Hard to believe leon huh ?

No press releases all week

www.africanbettingclan.com/index.php/kun...-huge-success#545219

Did you see the crowd at Docaster? Gate fees are very expensive in England!

And did you see the crowd at Meydan? There is no betting there!

We have free entrance and betting is legal but we cant pull the crowds. We're doomed.

P.S. I think this problem goes back before 20 odd years ago when kids weren't allowed on the tracks. Those kids and even their kids are the adults of today.

Mac the UK tracks look after their own business and raise most or top up their stakes them selves, i posted a pic on facebook of musselburgh promoting good friday racing, the place will be sold out, they pay more than the recomended stakes.. yet 15 years ago the track was bankrupt and was saved by the local council..

Because local racing stakes is funded by punters in south africa and not racegoers getting folk to the track has been considered not as important the last 10 years.I think they thought the internet would be a boost aswell, but infact the internet has just gave punters options to spend money elsewhere

Our extensive TV coverage of local racing has a lot to do with the small on course attendance, back in the day the Totes closed at 11am and the only way one could get a bet on after that time was on course and the day's results were only available after the 7:30 news, if this was still the case then I have no doubt we would have much bigger crowds on course...

Titch wrote: Our extensive TV coverage of local racing has a lot to do with the small on course attendance, back in the day the Totes closed at 11am and the only way one could get a bet on after that time was on course and the day's results were only available after the 7:30 news, if this was still the case then I have no doubt we would have much bigger crowds on course...

WRONG............the other way to get a bet on was with the bookmaker next door or down the road!!!!!!...........the remnants of that superior service still exists today...it's called the open bet! :ohmy:

Rob in Durban the off course bookies were only introduced in the early 70's Field Street was first and then a few more opened in and around Durban when we raced at the Vaal we would have to wait for the telex for the result, usually about 15 minutes after the race was run, unless you are referring to the bucket shops :woohoo:

Titch if you were still in your 30's you wouldn't be in your 60's now

Bookies in the UK are a newish thing also
So are pubs opening all day
Mobile phones
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