Govt gives all-clear for Entain to run TAB; releases long-awaited greyhound report

Govt gives all-clear for Entain to run TAB; releases long-awaited greyhound report
Kieran McAnulty described the approval of the Entain deal as one of the most significant days in NZ racing history. (Image: Getty)
Riley Kennedy
The government has rubber-stamped the deal that will see British-owned Entain take over the running of TAB NZ’s operations, pumping nearly $1 billion into the local racing industry over the next five years.The 25-year partnership, signed in March, was contingent on receiving approval from racing minister Kieran McAnulty, who is also an ex-bookie.In recent years, TAB NZ has faced increasing financial pressures, largely due to competition from offshore gambling websites.The agreement provides an upfront payment of $150 million after the app...

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