<div dir="ltr">Has the increased tax regime had any effect in curtailing your activity, Len? </div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Sat, 14 Dec 2019 at 10:53, L.B.Loveday <<a href="mailto:lloveday@ozemail.com.au">lloveday@ozemail.com.au</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div lang="EN-AU"><div class="gmail-m_1374787741111173324WordSection1"><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:black">Dr Nick regularly dropped into the Randwick High Value room, presumably to check in with those who put his bets on, back in the "good old days". Not then "</span><span style="font-size:12pt;font-family:Arial,sans-serif;color:rgb(56,46,44)">shrouded in secrecy".<u></u><u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:rgb(56,46,44)"><u></u> <u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:rgb(56,46,44)">I only spoke to him a couple of times, but enough to sum him up as a polite, unassuming person, and of course, smart.<u></u><u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:rgb(56,46,44)"><u></u> <u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:rgb(56,46,44)">It was amusing the day he "pinched" a bottle of beer from me. TAB provided free soft drinks in a small fridge for customers, and I'd bring and store beer there some days for "Beer O'clock", starting an hour before the last on slow days (and days with late finishes, and maybe on other days). DrN must have thought TAB had slipped a few beers in, and took one. I feigned outrage to my operator (who used to be my Beer O'clock drinking partner) and she said, close to panic, "Don't say anything, he'd be so embarrassed" - a sign of the respect people had for him.</span><span style="font-size:12pt;font-family:Arial,sans-serif;color:black"><u></u><u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:black"><u></u> <u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:black">"</span><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">And he said the flow-on impact could be disastrous for the racing industry". Or not - depends to an extent on what those who now get better dividends do with the extra cash in their pockets.<u></u><u></u></span></p><p class="MsoNormal" style="box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-size:12pt;font-family:Arial,sans-serif;color:black"><u></u> <u></u></span></p><p class="MsoNormal"><span style="font-size:12pt;font-family:Arial,sans-serif;color:black">LBL<u></u><u></u></span></p><p class="MsoNormal"><span style="font-family:Arial,sans-serif;color:black"><u></u> <u></u></span></p><p class="MsoNormal"><span style="color:black"><u></u> <u></u></span></p><div><div style="border-right:none;border-bottom:none;border-left:none;border-top:1pt solid rgb(225,225,225);padding:3pt 0cm 0cm"><p class="MsoNormal"><b><span lang="EN-US">From:</span></b><span lang="EN-US"> Racing <b>On Behalf Of </b>Ken Blake<br><b>Sent:</b> Friday, 13 December 2019 14:23 PM<br><b>To:</b> 'AusRace Racing Discussion List' <<a href="mailto:racing@ausrace.com" target="_blank">racing@ausrace.com</a>><br><b>Subject:</b> [AusRace] Dr.Nick<u></u><u></u></span></p></div></div><p class="MsoNormal"><u></u> <u></u></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)"><u></u> <u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">Nick Aubrey finally revealed !!!<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)"><u></u> <u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">Bookmaker Rob Waterhouse estimates the exit of the mysterious professional punter known as Dr Nick from Australian racing will cause a stunning six percent drop in turnover on racing across the board.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">It has been said that Dr Nick, whose strength has partly stemmed from his anonymity, is a big whale punter in the realm of Zeljko Ranogajec who has bet perhaps billions of dollars on Australian racing.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">Waterhouse knows Dr Nick, whose identity is shrouded in secrecy, and says he has “closed down his Australian operation” which employed a large staff across many betting syndicates.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">Waterhouse blamed increased taxes on bookmakers, which in turn meant they were offering worse odds, for Dr Nick’s decision to abandon Australian racing.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">And he said the flow-on impact could be disastrous for the racing industry.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“What I do know is that Dr Nick has closed down his Australian operation,” Waterhouse told Racenet.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“I suspect he probably accounts for six percent of Australian (racing) turnover so you would lose that straight away.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“I think his turnover through totes and pre-post and Betfair would be six percent (of total Australian turnover).<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“It must lead to a drop in prizemoney.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“The real problem though is that it is a symptom of a disease, the taxes are just too high.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“It is not just him, Sean Bartholomew has been the biggest punter at the races but now he has become a much smaller punter and concentrates on England and America.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“Zeljko was the biggest punter in Australia still bets quite a lot, but nowhere near as big as he once did.<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white;box-sizing:border-box;font-variant-ligatures:normal;font-variant-caps:normal;text-align:start;text-decoration-style:initial;text-decoration-color:initial;word-spacing:0px"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">“It is all in response to taxes.”<u></u><u></u></span></p><p style="margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;background:white"><span style="font-family:Arial,sans-serif;color:rgb(56,46,44)">KB<u></u><u></u></span></p><p class="MsoNormal"><u></u> <u></u></p></div></div>_______________________________________________<br>
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