Greyhounds
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on ceefax p208 today
in Lad brokes shops
£2.5 billion taken over counter
£10.5 billion spent in FOBT machines
over 80% of business
Taking into account the majority of over the counter business is probably still horse racing,
and he rise in football betting, how much is for greyhounds
Also taking into account there is at least one all weather horse racing meeting throughout winter
How long will the bookmakers need BAGS racing
in Lad brokes shops
£2.5 billion taken over counter
£10.5 billion spent in FOBT machines
over 80% of business
Taking into account the majority of over the counter business is probably still horse racing,
and he rise in football betting, how much is for greyhounds
Also taking into account there is at least one all weather horse racing meeting throughout winter
How long will the bookmakers need BAGS racing
Show More
one all weather horse racing meeting a day of course
Yet another doom and gloom merchant,just when the sport is trying it's best to survive,wish they would all just pi$$ off.
sge - u think bags racing is a good thing for the sport? seriously???
the promoters take the pieces of silver from the books and then dont have to do anything to promote the sport at their track. BAGS racing has enslaved the game.
for their 8k a meeting they can rule bags tracks by fear. have 1 gamble and the trainer is in trouble. any more and theyre out.
they manipulate the markets to their own benefit for a few hundred quid. for 300 quid, they can make a 4/1 chance, 5/2 fav.
why do u think they pay 8k to certain tracks, yet wont lay more than a tenner win or a quid forecast?
now, with the advent of rptv, they can see that they have finally got what they want. enough of their own tracks to fill rptv 6-7 nights a week and, with the latest release of shop turnover showing that over 80% is now fobt, they can justify facking off bags/begs racing.
why pay 8k to sittingbourne, swindon, kinsley etc, for the aggro that is dog racing? they have saturated the shops with it - be honest, sit in a shop and see how long u last. they have ruined it - totally over-killed it.
i was bought up with the advent of sis on 8 hackney races on saturday, 12 on tuesday and 12 every other thursday. u couldnt keep me out of the shops for those meetings. now - i cant do more than 15 minutes in a shop.
u may think its doom and gloom - think what u like. but the figures dont lie.
the promoters take the pieces of silver from the books and then dont have to do anything to promote the sport at their track. BAGS racing has enslaved the game.
for their 8k a meeting they can rule bags tracks by fear. have 1 gamble and the trainer is in trouble. any more and theyre out.
they manipulate the markets to their own benefit for a few hundred quid. for 300 quid, they can make a 4/1 chance, 5/2 fav.
why do u think they pay 8k to certain tracks, yet wont lay more than a tenner win or a quid forecast?
now, with the advent of rptv, they can see that they have finally got what they want. enough of their own tracks to fill rptv 6-7 nights a week and, with the latest release of shop turnover showing that over 80% is now fobt, they can justify facking off bags/begs racing.
why pay 8k to sittingbourne, swindon, kinsley etc, for the aggro that is dog racing? they have saturated the shops with it - be honest, sit in a shop and see how long u last. they have ruined it - totally over-killed it.
i was bought up with the advent of sis on 8 hackney races on saturday, 12 on tuesday and 12 every other thursday. u couldnt keep me out of the shops for those meetings. now - i cant do more than 15 minutes in a shop.
u may think its doom and gloom - think what u like. but the figures dont lie.
I dunno where you muppets get your figures from. For a start bags is fast catching up the horses and secondly the percentage split profit wise is around 60/40 in the favour of over the counter. Go back to bed and dream up another crock of shi te to knock greyhound racing you sad people!
onehuglow actually agreeing with me,now that is a first,good on you.
...and for the benefit of the clueless thread starter, average profit per week per fobt machine 700 quid x 4 equals 2800. Over the counter average turnover 25 k x 18% profit.....you do the maths!
sorry I thought I had won you over
You have, obviously understand the game far better than the two doom and gloom merchants above.
the figures were up on ceefax honest
apologies
clueless thread starter
apologies
clueless thread starter
bg - dont fret.
www.ladbrokesplc.com/~/media/Files/L/Ladbrokes/Press-releases/prelim-results-2012-02-16.pdf
Operating profit by Division (exc. High Rollers)
UK Retail
152.3
European Retail
13.4
Digital
55.0
Core Telephone Betting
(4.0)
UK turnover represented by
Of the Uk retail: Turnover wise £2.477bn is OTC (Over the Counter) and 10.482bn is FOBT. FOBT been up 13.7% since last year.
Representing 80% of turnover FOBT represents less profits with OTC responsible for £392 million Gross win of which £8 million equated for free bets. and FOBT £360 million gross win. This is before Gross Profits Tax of £57.5 million and Operating Costs of £476 million. Leaving profits of £152.3 million.
-----------
this is the bit that interested me - from page 9 of the pdf, under business review.
(3) Greyhound tracks account for £11.0 million of amounts staked and £7.1 million of gross win in 2011 (2010: £10.3 million of amounts staked and £6.5 million of gross win)
----------
now i cant quite work out what this refers to. is it monmore and crayford operations? put it this way, keeping over 7m of 11m staked is working to very impressive margins.
www.ladbrokesplc.com/~/media/Files/L/Ladbrokes/Press-releases/prelim-results-2012-02-16.pdf
Operating profit by Division (exc. High Rollers)
UK Retail
152.3
European Retail
13.4
Digital
55.0
Core Telephone Betting
(4.0)
UK turnover represented by
Of the Uk retail: Turnover wise £2.477bn is OTC (Over the Counter) and 10.482bn is FOBT. FOBT been up 13.7% since last year.
Representing 80% of turnover FOBT represents less profits with OTC responsible for £392 million Gross win of which £8 million equated for free bets. and FOBT £360 million gross win. This is before Gross Profits Tax of £57.5 million and Operating Costs of £476 million. Leaving profits of £152.3 million.
-----------
this is the bit that interested me - from page 9 of the pdf, under business review.
(3) Greyhound tracks account for £11.0 million of amounts staked and £7.1 million of gross win in 2011 (2010: £10.3 million of amounts staked and £6.5 million of gross win)
----------
now i cant quite work out what this refers to. is it monmore and crayford operations? put it this way, keeping over 7m of 11m staked is working to very impressive margins.
your figures are not incorrect, but actual profit they still make just about more over the counter than they do on the machines. Scary the turnover on them things though....
hlad - i know. if u read the report in full, ladbrokes admit the direction their business is taking - football, in running and fobt.
as 'negative', iyo, that i have been about bags and dog racing, i wouldnt be too confident about the hoss business.
as 'negative', iyo, that i have been about bags and dog racing, i wouldnt be too confident about the hoss business.
hlad - i know. if u read the report in full, ladbrokes admit the direction their business is taking - football, in running and fobt.
as 'negative', iyo, that i have been about bags and dog racing, i wouldnt be too confident about the hoss business.
as 'negative', iyo, that i have been about bags and dog racing, i wouldnt be too confident about the hoss business.
Off course firms showed a gross gaming yield of approximately £260m on greyhound racing in 2010/11 (horse racing £705m) - both figures down year on year but horse race decline was sharper. I guess that figures for year to 31 March 2012 will show an even greater need for greyhound racing.
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