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
The number of entries compares favourably in quantum with recent years, with 58 first entries received in 2024, 60 in 2023, 68 in 2022, 53 in 2021, 52 in 2020, 49 in 2019, and 69 in 2018
Ironically, it was a colt which provided Alan with a first Gr1 success, this being Alec and Gillian Foster’s homebred Cereus, who landed the 2001 Gold Cup at Hollywoodbets Greyville, his victory completing a momentous double on the day, with the Gr2 Golden Slipper having gone the way of juvenile filly Tatler, a great-great-great grandaughter of Sun Lass!
JP van der Merwe is not the only guilty party in the matter. In simple terms, he is the only rider to have exercised the NHA’s offer of an Acknowledgement Of Guilt and moved on with his life
Andrew Fortune made it three winners on the Family Day public holiday as Tenango breezed home to win the Gr3 feature
