A Few numbers in horse racing

kobus Wrote:

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> Why does Phum allow the info of Tellytrack in
> Bookies rooms?


Don`t the bookies have to pay fortunes for tellytack?

Guys..relax..

bookies will not survive past december 2010..
the destruction of the South African bookmakers has been scheduled...
a few might..
but there are no Bill Furgusons left..

my guess..
1.HORSE RACING
from November 2009..
the 800m sprints....
MDK
Laird
Woodruff
have bombs...that will be released...

2. the issuing of +300 BEE licenses will dilute the existing cash/OD facilities/credit that goes around..

3. Soccer bets will destroy the South African bookmakers during 2010

4. Business model that bookmakers have is not sustainable..
rent and salaries are killing them

5. Less cash/OD failities due to retrenchment of staff..
...due to
Project driven businesses
retrenchments
EE act
Recession/Depression

6. bookmakers licenses now worth R5k due to Free issue of +300 BEE licenses
some guys paid a R1m the other day..
..R995K too much....down the drain..gone..

the end is in sight...
the writing is on the wall...
just read it...
understand it...
act on it...

The quicker the better...........

Are you telling me that a license can be bought for R5000? I believe you but cant understand it. Where is this happening?

BEE applicants can apply at the CAPE gambling board for license..

thanks, website not updated since 2005 but very interesting