MINIMUM STAKE INCREASE AT THE MET
September 30, 2015
The New Zealand Metropolitan Trotting Club is delighted to announce an increase in its minimum stake level to $7500 effective from November 1.
Club Chairman Barry Dent commented “Due to a solid 2014-15 financial performance and a strong start to this season, the Club was eager to continue to increase returns to stakeholders who choose to support us.”
“The substantial increases in stakes and bonuses in recent years at the Raceway have been funded entirely from non-racing revenue and in particular from the success enjoyed by the Club’s Events Centre and property related initiatives.
“This was further endorsed with the recent announcement of Addington Raceway and Events Centre as a winner of the Medium/Large Retail/Hospitality category at the prestigious Champion Canterbury Business Awards.”
“Our continued focus is ensuring any increases in stakes and bonuses here at the Raceway are sustainable and stakeholders can rely on these to be continued into the future.
“We are all trying to build a stronger harness racing industry in New Zealand and the foundation for that objective must come from sustainable increases in returns to all stakeholders.”
“With stakes and bonuses up 20% here at Addington since 2012, we are certainly trying our best to play a key role in building this base and this further increase in the minimum stake to $7500 will, I am sure, be well received by all industry participants.”
Courtesy of Ged Mooar, Marketing & Commercial Manager, Addington