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Racing NSW rhetoric completely ignores the key participant

Racing NSW are at it again, whipping up hysteria over the real world having changed from those wonderful old days when their mates in government could ban any rivals to their monopoly. Chairman Alan Brown addressed a meeting last Friday about concerns over the funding of racing in NSW. You can read his address here. He babbles on about paying for racing, how the corporate bookies and Betfair have changed things around etc... not once does he mention that the monopoly he is trying to support is now a privatised company working first and foremost for its shareholders. Not once does he mention that perhaps its time the punter got a fairer deal instead of being constantly shafted by that monopoly for the best part of a generation.

The world has changed. Margins for EVERY business and industry in the world have tightened. Monopolies are being outlawed by governments worldwide. Organisations who waste millions on ridiculous legal fees or because they are too stubborn to merge for the improvement of the industry as a whole deserve a major kick up the clacker. Time to catch up with the real world and learn how competition drives efficiency and better services for the end consumer, the poor old punter, who is the one who funds racing, and is always ignored in these campaigns.

The breeders at the top end of the industry invariably do well out of the sport - all their success comes from racing, the results are the ones that set the prices for their stallion fees. How much exactly do they put in to be able to reap the end rewards?
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