Stakes – The Game Changes
The move to reduce the stakes burden on Phumelela following ongoing news of financial pressure on the company has started to take effect with rationalisation announced
19th September 2019
23 Comments
The move to reduce the stakes burden on Phumelela following ongoing news of financial pressure on the company has started to take effect with rationalisation announced
A reader suggests that Markus Jooste merely delayed the inevitable for an already obvious state of affairs, supporting a false economy within various sectors of the industry
Management is reactive rather than proactive -did anybody sit down and offer an alternative to the Kimberley community by way of a business plan and an austerity budget?
The abandonment of Thursday’s Vaal meeting final race following a protest by the jockeys in regard to safety and inconsistent underfoot conditions, has had a few stakeholders asking for a copy of the report
‘To suggest that dropping the Rolling Double on consecutive races will drive TAB customers to take their doubles with fixed-odds operators is spurious’
Following recent comments made on the Sporting Post website in regard to certain aspects of the relationship between Phumelela and Kenilworth Racing, we have been requested to clarify issues for the edification of readers
‘We maintain our stance that the company will not be giving further comment, issuing any statements, or participating in public debates detailing the ongoing review process until such time as the legal proceedings have been finalised’ – John Stuart
While Public Protector Busisiwe Mkhwebane’s court showdown with the president was postponed on Tuesday, Phumelela has won an interdict against one of her reports
Entry and declaration fees have been increased with effect from the racemeeting of Thursday 1 August 2019
An insidious creep of years of a shift of focus and poor management, with horseracing fading off the pace to run a dirty third to the priorities of power and shareholders
Phumelela Gaming & Leisure’s shares ended Thursday at R5,75 after hitting their worst level in nearly 15 years
Big race sponsors Hollywoodbets have set the pace in the pre-nominations ante-post betting market for the 2025 Hollywoodbets Durban July with defending champion Oriental Charm topping the opening board
In our weekly column entitled Time Is Money, we look at some of the past weekend’s highlights, including some slow-run Grade 1 contests at Turffontein
