Who picks up the TAB?

Who picks up the TAB?
Paul McBeth
When it comes to today's Melbourne Cup, I’m a sucker for long odds, fun names, and nostalgia.To actually make money, you need to be very lucky, know your horses, or bet on the house.Unfortunately, New Zealand decided that, when it comes to the future of the TAB, that last option’s off the table.The NZ Racing Board is going through a major transition at the moment, splitting into Wagering NZ and Racing NZ to better focus its different workstreams, rationalise the nation’s racetracks, and introduce a new legislative framewor...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Graham Skellern 03 Jul 2024
Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.