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Hot Topic Hawke’s Bay
General Business
3 mins to read
5

TAB announces proposed tie-up with UK-listed Entain

Deal to outsource betting and broadcasting operations would increase funding for racing by at least $1b in first five years, says TAB.

TAB faced a David and Goliath battle with international operators, said chief executive Mike Tod.

Tim Hunter Mon, 27 Mar 2023

Sports betting monopoly TAB has announced a plan to outsource its gambling operations to UK-based Entain on a 25-year contract aimed at lifting funding for racing and sports by $5 billion over the period.

TAB chief executive Mike Tod said the proposed strategic arrangement with Entain would provide

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Tim Hunter Mon, 27 Mar 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
TAB Kieran McAnulty Racing Mike Tod Barrenjoey
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