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

 


FWC a Record-Breaker for TAB

17 July 2014

FWC a Record-Breaker for TAB

Betting on the Football World Cup 2014 tournament has smashed records for the TAB and pushed it over the $2 Billion revenue mark for the first time in history.

Punters spent $32.2 million during Football World Cup 2014, making it the TAB’s biggest ever betting event – outstripping the $30.2 million wagered on the 2011 Rugby World Cup.

New Zealand Racing Board CEO (Acting) Stewart McRobie says the record turnover results are great for the business as well as sport and racing in New Zealand.

“There are not many companies in New Zealand that turn over more than $2 billion. It reflects the combined efforts of our associated industries and staff and is something we are immensely proud of.”

The tournament also attracted more than 10,000 new customers to the TAB.

“At times it felt like every person in New Zealand was overcome with football fever and having a flutter!”

“Pleasingly the record-breaking Football World Cup results will also provide a financial boost for football in New Zealand, with a percentage of betting turnover and profit going directly back into the game,” says McRobie.

The TAB will be giving $560,000 to New Zealand Football, its cut of money spent by punters on the tournament.

New Zealand Football CEO Andy Martin says the windfall will allow them to continue to grow the game from a grassroots level.

“These funds will allow us to continue to support the structures we have in place as we seek to raise the importance of football in the New Zealand sporting landscape,” says Martin.

The TAB’s attention now shifts to another great one off Football event – the Football United Tour, hosted by the Wellington Phoenix.

The tour will see the Phoenix take on West Ham United at Eden Park on 23rd July, followed by a double header at Westpac Stadium on 26th July featuring Sydney FC taking on West Ham United and Wellington Phoenix taking on Newcastle.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

EPMU: Fourth Anniversary

Representatives of the Engineering, Printing and Manufacturing Union are proud to stand with the Pike River families to mark four years since 29 men lost their lives. More>>

ALSO:

'Kindara': Unusual Ginger Coloured Kiwi Chick Released To Taupo Creche

A cute little kiwi chick with an unusual ginger tinge to its feathers has just been released to Wairakei Golf & Sanctuary Kiwi Creche in Taupo after hatching at Rainbow Springs' Kiwi Encounter. More>>

Werewolf: The Complicatist : Bob Dylan Himself, And By Others

Bob Dylan is about to release a six CD version of the entire Basement Tapes sessions he recorded with the Band 40 years ago. To mark the occasion, I’ve rustled together some favourite cover versions of Dylan songs, and a few lesser-known tracks by the great man. More>>

ALSO:

Werewolf: Gone Girl : The Trouble With Amy

Philip Matthews: Three words to describe the David Fincher film Gone Girl: cynical, topical and ridiculous. Ridiculous isn’t a negative. More>>

ALSO:

11/11: Armistice Day Peace Vigils

On Armistice Day 2014, the second in the series of peace vigils that will take place three times each year during the World War One centenary will be held in Hokianga, Whangarei, Auckland, Tauranga, Otaki, Lower Hutt, Wellington and Takaka. More>>

ALSO:

Te Papa: Rick Ellis Appointed New Chief Executive

The Board and Chairman of the Museum of New Zealand Te Papa Tongarewa are pleased to announce the appointment of Rick Ellis as the new Chief Executive for the museum. More>>

Couture: New All Blacks Jersey Gets Team’s Seal Of Approval

More than two years in the making, adidas has today unveiled the most technologically-advanced and blackest All Blacks jersey ever, four days before the highly anticipated match against England. More>>

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news