Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 

New Zealand Racing Board Turnover Up 9%

Media release
04 February 2005

FOR IMMEDIATE RELEASE

New Zealand Racing Board Turnover Up 9%

A cold, wet summer, hasn’t dampened the enthusiasm and interest in having a flutter. The TAB reports the total betting turnover over the holiday period from December 20 to January 9 was up nine percent on the corresponding period for the previous year.

Chief executive Graeme Hansen says while on-course betting was affected by the unseasonal weather, off-course turnover has exceeded expectations as customers have tuned into the TAB racing channel Trackside to view the holiday racing.

“Off course betting has driven our business over this period and tops off a solid growth in revenue for the past six to seven months,” Mr Hansen says.

Our clients are also becoming more sophisticated in the ways in which they place their bets.

“Our Internet betting is attracting a growing number of our customers who appreciate the fact they can easily place a bet, top up their funds and obtain up-to-date race form and commentary simply using their mouse,” Mr Hansen says.

New Zealand racing customers are coming to recognise the fun they can have, applying their skills and intuition to what we call ‘exotic’ bets. These bet types have a high return for a relatively small outlay.

“Many people do not know that you can couple up, for example, 5 runners in a trifecta for $10” Mr Hansen says.

He bets the New Zealand Racing Board is looking forward to great year for all investors.

…ends/

© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
At Bats: Locke - The World Theatrical Premiere

On the eve of the biggest challenge of his career, Ivan Locke receives a phone call that sets in motion a series of events that will unravel his family, job and soul... More>>

Other Elections: Kea Crowned Bird Of The Year

These large, green mountain parrots are known for their curiosity and intelligence. Once numbering in the hundreds of thousands, they are now classified as Nationally Endangered with just 3,000 - 7,000 birds remaining. More>>

ALSO:

Howard Davis Review: Conflict & Resistance - Ria Hall's Rules of Engagement

From the aftermath of war through colonisation to her own personal convictions, Hall's new CD addresses current issues and social problems on multiple levels, confirming her position as a polemical and preeminent voice on the indigenous NZ music scene. More>>

Howard Davis Review: Another Time, Another Place - David Friesen Trio Live

"It has been said of David Friesen that he does for the art of bass playing what Pythagoras did for the triangle" - Patrick Hinley, Jazz Times. At Wellington's newest jazz venue, the cozy and intimate Pyramid Cub, the trio clicked together from the opening bars, presenting many of the tunes from their marvelous new recording. More>>

Howard Davis Review: The Father - Descending Into The Depths of Dementia

Florian Zeller's dazzling drama The Father explores the effects of a deeply unsettling illness that affects 62,000 Kiwis, a number expected to grow to 102,000 by 2030. More>>

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION