The New Zealand Racing Board is the organisation behind all New Zealand racing and betting.
When you bet with the TAB on the gallops, trots or greyhounds, take a punt on the All Blacks or European football, every betting dollar contributes to grass roots racing and sports in New Zealand as well as the livelihoods of hundreds of thousands of Kiwis involved in these sectors.
The New Zealand Racing Board was established in 2003 under the Racing Act to administer all racing and sports wagering in New Zealand.
We are a major entertainment business with more than 165,000 TAB account-holders and a retail network comprising more than 670 outlets.
NZRB directly employs 820 personnel (full-time, part-time and casual), with the majority of these people involved in the various facets that make up the TAB operation scheduling daily racing for customers in New Zealand, selling racing and sports bets through our retail network, online and telephony channels, or the broadcast of racing on our national television channels Trackside 1 and 2, and on Trackside Radio.
We support betting on more than 76,000 domestic and imported thoroughbred, harness and greyhound races each season, as well as on a rapidly growing number of domestic and international sporting events.
After operating costs and expenses, our profit is distributed to the three New Zealand Racing Codes New Zealand Thoroughbred Racing, Harness Racing New Zealand and Greyhound Racing New Zealand in accordance with an agreed funding model. In 2014/15, NZRB distributed $134.2 million to the three Codes.
NZRB is also a significant supporter of sports in New Zealand – in 2014/15 we provided $6.1 million in commission payments to National Sporting Organisations, and paid out $2.7 million in Gaming grants to grassroots community sporting organisations.