Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Suspending betting on Aussie sport not the solution


MEDIA RELEASE
February 8, 2013
Suspending betting on Aussie sport not the solution

The TAB shares the concerns of New Zealand sporting organisations and sports fans following the release of a report alleging drug-taking, match-fixing and links to organised crime in Australian sport but says suspending legal betting on Australian competitions is not the way to address the problem.

TAB General Manager Martin Saunders says the New Zealand betting agency has stringent processes in place to monitor all sports betting activity.

“Integrity is our ultimate priority and we commit a huge amount of time, effort and resource to making sure our customers can be confident that the sports fixtures they are betting on are above board. We have the ability to proactively red-flag and suspend unusual activity and we then investigate this alongside the sporting body involved.

“We are fortunate as the country’s national betting agency to have really strong and effective relationships with our national sporting organisations so, as with all sports bodies and sports fans on both sides of the Tasman, we’re concerned by the implications of the Australian Crime Commission report.

“However, we should not rush to judge or make rash decisions until we know more, and simply suspending betting on Australian sport wouldn’t address the issues. In fact, this would only drive sports betting underground to illegal bookmakers, and we’ve seen from previous incidents of this nature in international sport that’s where the problem really is.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

9.3 Percent: Gender Pay Gap Unchanged Since 2017

“While it has remained flat since 2017, the gender pay gap has been trending down since the series began in 1998, when it was 16.2 percent,” labour market statistics manager Scott Ussher said. More>>

ALSO:

Ex-KPEX: Stuff Pulls Pin On Media Companies' Joint Ad-Buying Business

A four-way automated advertising collaboration between the country's largest media companies is being wound up after one of the four - Australian-owned Stuff - pulled the pin on its involvement as part of a strategic review of its operations ... More>>

Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>

ALSO:

Māui And Hector’s Dolphins: WWF/Industry Counter Offer On Threat Management Plan

Forest & Bird says WWF-NZ's plan for protecting Māui dolphins is based on testing unproven methods on a species that is almost extinct, and is urging the Government to reject the proposal. More>>

ALSO: