SAROA Owner of the Month – Kate Barnes part owner of Gwent Kate talks to the guys on the Punters’ Club about her racing experiences https://saroa.com.au/wp-content/uploads/2019/10/191019-SAROA-interview.mp3 September’s Owner of the Month award is Kate Barnes, who was nominated by Paula Trenwith, as part owner of Gwent, Paula told us about Kate’s involvement in racing. Kate has been a great supporter of my stables since mid 2006, where she has continually had shares in one or more horses in the yard, and become a treasured friend. She is a true horse lover and follows her horses around the country to be there in person to watch them race. It doesn’t matter if its Morphettville, Gawler, Kangaroo Island, Port Augusta or Hawker, Kate will be there trackside cheering on her horses.  Most recently she trekked all the way to Darwin to watch her youngest horse race in the NT Derby. She has shares in two horses who raced, and won, over the Darwin Cup carnival this year. Those being Maori Magic, a Per Incanto gelding purchased at the Karaka ready to run sale in 2017  and also Superveloce by Savabeel who won the first race on the card on Palmerston Sprint day.  Most recently Kate has shares in Gwent a mare by Choisir, she is also Kates favourite colour, chestnut. Gwent broke through for her maiden win at Murray Bridge on the 8th September, and yes, Kate was there!  Even recent health battles haven’t stopped Kate visiting the horses at the stables and feeding them loads of carrots and giving them a pat. She says it gives her something to look forward to and take her mind off things for a little while.  She also takes a keen interest in the horses once they have retired from racing, following her ex racehorses journeys into their next chapter of life. Whether it be the breeding barn or hunting or showjumping Kate will generally know what her old horses are up to.   I look forward to a continued long association and friendship with Kate and many winners too!  As Paula tells us Gwent is by Choisir out of a Testa Rossa mare Red Pointes, she won her maiden at her sixth start. The dam has produced two other winners from four named progeny. The granddam Born Western (by Western Symphony) raced 6 times for 2 wins, one of which was a listed race. She has left several stakes producing mares in Alborada (by Zedative) dam of the double listed winner Excelorada (by Exceed and Excel) and Origami dam of four times listed winner Malibu Style (by Magnus) winner of just shy of $1 million, with possibly more to come. Also in the family is Nullabor Crossing (by Choisir) making him a three quarter brother to Gwent, he has won close to $100,000 on the track. Gwent’s female line has been quite strong so more could be expected from her both on the track and in the breeding barn. A quick look at Kate’s other two recent winners reveals that Superveloce is a seven year old gelding by Savabeel out of a King of Kings mare Queen of Lions and was bred in New Zealand. He has won six races from 39 starts and has earnings so far of $93,000. Queen of Lions has also left Pinvincible (by Pins) winner of his both of his two starts this year, another two time winner in Pride of Darci (by Darci Brahma) and Superveloce’s full brother Savapak also a two time winner in New Zealand. Another New Zealand bred Maori Magic (by Per Incanto) is a lightly raced 4 year old winner of two races so far. His dam Kay’s Trophy is by Towkay out of a Testa Rossa mare Eutrophy, Maori Magic is her first foal.

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Vision Australia Radio are a community radio group with whom we have an arrangement to broadcast the Punters’ Club each Saturday morning between 7:30 and 8:30 am. They are looking to raise funds Our Annual Vision Australia Radio Donation Drive is on now until June 30. It’s the time of the year where we call on the community, our listeners and supporters of diverse backgrounds to lend a hand and support the work we do to make information accessible to the blind and low-vision (BLV) community by donating here. The sad reality is that our transmission costs are starting to take their toll and they are contributing to our annual overheads reaching into the millions. This year our radio service is likely to run at a deficit of more than $850,000 which is unsustainable. We need the communities support more than ever. The donation page is https://bit.ly/2IENYd4

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  In light of several questions I have received regarding the various betting taxes etc. I took the opportunity request some further clarification from TRSA Chief Operating Officer Nick Redin as to how it all works. Thanks to Nick for his concise  explanation. In a normal year TRSA would generate 55% of its revenue from the SA TAB, about $33M and 35% from  Net Betting Operations Contributions (BOC) (known as race fields in other States) or about $ 22M. The $22M net betting operations is made up as follows Gross Betting Operations                              $ 29M – these are payments from all other wagering operators bar the SATAB Less Interstate race fields fees paid              $   7M These figures can be found on page 40 of our 2018 annual report at https://www.theracessa.com.au/files/8845_2018_trsa_annual_report.pdf?v=304  It should be noted that because SA was the first state to introduce the Point of Consumption Tax (POC) and because our POC rate is the highest in the country corporate bookmakers have been actively discouraging betting on SA races which continues to have a significant negative effect on the BOC returns.   Regarding the best return for the SA industry it is wagering through the SATAB, preferably on SA thoroughbred races. The Industry gets $7.66 for every $100 bet through the SATAB and only $ 2.59 per $100 bet through all other wagering operators. About 3 to 1 in favour of the TAB.  TRSA encourages all racing participants to bet through the SATAB rather than a corporate.

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