Zack

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Zack

Zack

@ZackJ0nes

Nuance is not dead. Flat racing aficionado. A person, not a brand.

United Kingdom Katılım Haziran 2010
1.4K Takip Edilen916 Takipçiler
Zack
Zack@ZackJ0nes·
My tinfoil conspiracy theory is that Madgwick for University of Manchester is not studying AI, he is AI itself, sent back in time to know everything and anything #UniversityChallenge
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Zack
Zack@ZackJ0nes·
7 Fallers and 7 UR this year for the #GrandNational you could argue that Aintree have reached the limit to how "easy" they can make the fences now as horses and riders falling at speed rather than falling because of height/test of the older years. It's a staying-sprint-chase.
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Zack
Zack@ZackJ0nes·
@WeaverRacing The vast majority of horses are only as good as handicappers.
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This obsession UK punters have with handicaps. 13 out of 14 races are handicaps today. Gone is the original successful championship concept.
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Zack
Zack@ZackJ0nes·
@chrisgambler247 You are spot on with your commentary here. I don't hold much hope on the racing, media rights and gambling industry coming together to fix the funding model but its desperately needed and the impact of tax rises will be visible and felt within 2-3 years.
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Chris Fawcett
Chris Fawcett@chrisgambler247·
We don’t know that ARC raised fees. What we do know is that tax and regulation have pushed costs up elsewhere in the system. When margins tighten, turnover based media rights stop clearing even if the headline price hasn’t changed. The bigger mistake is upstream. A chunk of racing backed plans put forward by gambling “reformers” on the theory that higher taxes on other gambling products would “protect racing” or at least spare it from the next tax grab. That logic was always backwards. Many people warned about this repeatedly over the past year, but those warnings were brushed aside as scaremongering. Racing is not a self contained profit centre for most operators. It is carried because it brings customers in and those customers then generate value across the rest of the product mix. That cross subsidy is the hidden glue holding the current system together. When margins are squeezed in sports betting or gaming, the pool that props up racing shrinks. Even if racing is carved out on paper, it gets hit in practice. That is why claims that this has “nothing to do with tax” miss the mechanism entirely. A media rights deal can stop working without the price changing, simply because the operator’s overall economics deteriorate. Turnover based media rights are especially exposed because they do not flex with profitability. Some now argue the fix is to reshuffle levy and duty on racing itself. That misses the point. It focuses on who pays what within a shrinking pie while leaving the structural distortion untouched: racing funded through a narrow levy plus turnover based media rights. The real fix is structural. Funding racing through a single, transparent charge across the wider gambling base reflects how the market actually works today. It removes turnover rents, restores the economics of win singles, and gives racing predictable funding instead of periodic blackouts and standoffs. This is not radical or untested. Other racing jurisdictions already do this. Ireland channels a share of betting duty across all sports into racing. Australia combines published race field fees with a recycled share of betting tax. In parts of the US, racing is supported directly from casino and sports betting revenues. Britain is the outlier. It is still trying to solve a modern problem with a legacy funding model designed for a different era. Until that changes, the system will keep breaking in the same places and people will keep acting surprised when it does. The Betfred blackout isn’t an anomaly. It’s the model behaving exactly as many warned it would. Racing doesn’t need another tweak or carve-out. It needs to fix its structure and accept a basic truth: it only survives with a thriving, fairly taxed and sensibly regulated gambling industry alongside it.
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Zack
Zack@ZackJ0nes·
@George_Osborne George and his never ending lucrative politics>corporate revolving door strikes again
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Hi, some personal news - I’m changing job. I recently asked myself the question: what’s the most exciting and promising company in the world right now? The answer I believe is OpenAI. So it’s a privilege to be going to work for OpenAI as managing director and head of OpenAI for countries, based here in London. In my conversations with Sam Altman, Brad Lightcap, and other senior colleagues, it’s clear they are exceptionally impressive leaders and that they care very deeply about their mission to ensure the power of artificial intelligence is developed responsibly, and the benefits are felt by all. That’s exactly what the OpenAI for Countries initiative intends to achieve, helping societies around the world share the opportunity this powerful technology brings. Am honorored to join the team.
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Zack
Zack@ZackJ0nes·
@TLRailUK I want to go from London to St Albans
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@ZackJ0nes Hi there Zack, services are subject to delays and disruption, but there are some trains running towards London. ^Will
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Zack
Zack@ZackJ0nes·
@hitchariide Escape from the Area is a very good game. It will take everything from you and spit you out like a cheap piece of meat.
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trying out new game on the market any help is much appreciated
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Zack
Zack@ZackJ0nes·
Just back Buick and Oisin blind until Moore is back. Simple system. The rest of the jockeys are miles behind. #ITVRacing #Doncaster
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Zack
Zack@ZackJ0nes·
At Ascot and Raheeb as professional as they come there for a debutant, could be something truly special. Travelled like a dream. #Ascot
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Zack
Zack@ZackJ0nes·
David Brooks with some performance tonight, dynamic, pacey, skillful #LIVB
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Zack
Zack@ZackJ0nes·
Definitely Maybe the best gig I will ever go to #oasislive2
Zack tweet media
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Zack@ZackJ0nes·
Oasis were relentlessly good tonight at Heaton Park. Incredible gig. #Oasis
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Zack
Zack@ZackJ0nes·
@RacingPost This is good news. Racing is on TV plenty more nowadays than I can remember. Like, hate or indifferent to the coverage, it is only good for the sport to have more racing on free to air TV. ITV do a pretty good job on the whole and you will never impress everyone.
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Racing Post
Racing Post@RacingPost·
British racing's prominent place on free-to-air television looks assured until at least the end of 2030 after it emerged a new four-year deal with ITV is set to be sealed by late summer or early autumn Read with Racing Post+ 👇
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Zack
Zack@ZackJ0nes·
Where's Mike Skinner when you need him? #Glasto
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Zack
Zack@ZackJ0nes·
Me after 15 minutes of CharlieXCX #Glastonbury
GIF
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