TAB For Ever Posted Tuesday at 09:24 AM Share Posted Tuesday at 09:24 AM In 2017 Sports betting was about 25 % of Total. Slowly but surely Sports has gained ground , but not Racing [ 3 x codes] In February Racing was flat with 2024 but Sports had nice increase and headed off Racing so + 50% of Total. 1 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted Tuesday at 02:22 PM Share Posted Tuesday at 02:22 PM Interesting…. are overseas punters available to bet on NZ TAB & Betcha? Quote Link to comment Share on other sites More sharing options...
The Centaur Posted Tuesday at 09:31 PM Share Posted Tuesday at 09:31 PM 12 hours ago, TAB For Ever said: In 2017 Sports betting was about 25 % of Total. Slowly but surely Sports has gained ground , but not Racing [ 3 x codes] In February Racing was flat with 2024 but Sports had nice increase and headed off Racing so + 50% of Total. What are you measuring? The net return or actual turnover. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted Tuesday at 10:19 PM Share Posted Tuesday at 10:19 PM 12 hours ago, TAB For Ever said: In 2017 Sports betting was about 25 % of Total. Slowly but surely Sports has gained ground , but not Racing [ 3 x codes] In February Racing was flat with 2024 but Sports had nice increase and headed off Racing so + 50% of Total. I thought you keep posting that things are going swimmingly? Where did you get this information from? 1 Quote Link to comment Share on other sites More sharing options...
westbrew Posted yesterday at 02:22 AM Share Posted yesterday at 02:22 AM I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue sports like Basketball and Tennis wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants. 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted yesterday at 03:02 AM Share Posted yesterday at 03:02 AM 39 minutes ago, westbrew said: the big question will be when do big revenue sports like Basketball and Tennis wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants. Because there are monopolies and there are monopolies. Quote Link to comment Share on other sites More sharing options...
TAB For Ever Posted yesterday at 04:00 AM Author Share Posted yesterday at 04:00 AM 6 hours ago, The Centaur said: What are you measuring? The net return or actual turnover. I'm not measuring...just reading numbers off Entain monthly summary. From memory [ about 2023 ] Sport was about 33% of total bet ,so one half of racing. So beating Racing in February month quite an achievement IMO . Maybe suggests with all the advertising , the public finds and understands sports much easier ! Quote Link to comment Share on other sites More sharing options...
TAB For Ever Posted 23 hours ago Author Share Posted 23 hours ago 5 hours ago, Chief Stipe said: I thought you keep posting that things are going swimmingly? Where did you get this information from? NOw now , I just reading off Entains monthly report on February 2025 month. And not a lot of 'big' Sport on so nothing unusual there. There was 29 days in February 2024 but shouldn't be too significant . A lot of TAB advertising so sport result shows it swimming well ! Maybe the extra account users [ from Entain report] much prefer Sport and being extra cautious with their spend on racing. IMO the sluggish economy ,uncertainty , job losses , school lunches fiasco , maybe parents had to spend to feed their kids.....and reading the doom and gloom on Racing Social media not encouraging people to do like Brodie.....and UNLOAD ! Still.....its a great time to be involved in Racing.....no time to be down in mouth about Betting Lull.......I can't fix that ! So swimming well...even in stormy sea today ! Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted 23 hours ago Share Posted 23 hours ago 7 minutes ago, TAB For Ever said: just reading off Entains monthly report on February 2025 month. Post it here. 1 Quote Link to comment Share on other sites More sharing options...
TAB For Ever Posted 23 hours ago Author Share Posted 23 hours ago 1 hour ago, westbrew said: I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue sports like Basketball and Tennis wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants. Sport in NZ does very well from TAB ...some minor NZ sports with little to no betting available on their NZ games ,now getting around $1 million into their coffers. Basketball and Tennis in NZ among the top 5 sports with Rugby ,League and Football. NZ sports got $26 million last year ! NZ Basketball did well......$4.4 million Ditto NZ Tennis...$1.858 mill NZ Sports get a % of Turnover on betting on their sport plus a % of Profit . Plus when Entain took over ,they got a 'nice' Bonus payout which was much higher than they could of dreamed of ! Quote Link to comment Share on other sites More sharing options...
TAB For Ever Posted 23 hours ago Author Share Posted 23 hours ago 1 minute ago, Chief Stipe said: Post it here. Sorry too busy....I still do volunteering in some sports at coalface and overall I treated as useful volunteers should be ..... Maybe a bit of honey would help from you...I dipped out on the Coffee 😃😃 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted 23 hours ago Share Posted 23 hours ago 4 minutes ago, TAB For Ever said: Sorry too busy....I still do volunteering in some sports at coalface and overall I treated as useful volunteers should be ..... Maybe a bit of honey would help from you...I dipped out on the Coffee 😃😃 You chose to "dip out on the coffee". Quote Link to comment Share on other sites More sharing options...
curious Posted 22 hours ago Share Posted 22 hours ago (edited) 1 hour ago, TAB For Ever said: I'm not measuring...just reading numbers off Entain monthly summary. From memory [ about 2023 ] Sport was about 33% of total bet ,so one half of racing. So beating Racing in February month quite an achievement IMO . Maybe suggests with all the advertising , the public finds and understands sports much easier ! So are those figures you are reporting t/o or GBR? Edited 22 hours ago by curious 1 Quote Link to comment Share on other sites More sharing options...
Newmarket Posted 8 hours ago Share Posted 8 hours ago 17 hours ago, westbrew said: I would be interested to see the numbers, assuming they come from entain somewhere they will be turnover numbers, it was only a matter of time before sport overtook racing, the big question will be when do big revenue sports like Basketball and Tennis wake up and say how come we don't get a share of the profits? They get a measly 2.5% of turnover, and a few thousand in pokie grants. Agree… Quote Link to comment Share on other sites More sharing options...
Newmarket Posted 8 hours ago Share Posted 8 hours ago Just imagine NZ being added to this list of countries that geoblock. And if it’s so much of a good thing, why have the USA, Australia and the likes not followed? A few questions below for someone to comment on, thanks. 1, Instead of Geoblocking, why can’t NZ Tab allow gambling from overseas punters, surely this would bring better results? 2, Is Entain on track to deliver funds to NZ racing? 3, Will Geoblocking affect online casino gambling also? I find the thought of this very troubling, it’s like going backwards many years. Imagine if Trademe was the only online platform to purchase from in NZ, would be riots. Funny TAB state one of the reasons they want to Geoblock is they can keep an eye on problem gamblers, crock of shit. If they get monopoly, promotions will reduce or stop, take it or leave it style, which I think punters are sick of, that was main reason to open overseas accounts in first place…. Quote Link to comment Share on other sites More sharing options...
westbrew Posted 5 hours ago Share Posted 5 hours ago Geo-Blocking will not affect on-line casino license holders, think of it in these terms, there will be one provider to bet on racing and sports TAB/Entain and there will be 15 online casinos to bet with. 1 Quote Link to comment Share on other sites More sharing options...
westbrew Posted 5 hours ago Share Posted 5 hours ago TAB 4 Eva i am interested in your numbers, i have had a look at the annual accounts of TAB NZ where they say they have provided 26.5 million to sport and 225 million to racing. However when i look at note 8 in their accounts it shows distributions to racing community 214.6m and pokie grants to sporting organisations 3.3 million. I assume the difference between what the financials say ie 215m and what the blurb at the start of the report says ie 225m for racing and 26.5m for sport for a total of 251.5m is made up of the 21m which has come from race fields payments from aussie corps ( which is not anything to do with the TAB business, but they are happy to claim it as a distribution made by them) and the rest is a smoke and mirrors payment re gaming duty refunds. Also the pokie money is split 80% racing and 20% sport. It is clear to me that if racing is getting 225m and sport 26.5m but the turnover is 50/50 as per your Feb number suggests, Racing has well and truly got itself an unsustainable business model, which sometime in the future a Government looking to better fund community sports will tap into. 2 Quote Link to comment Share on other sites More sharing options...
SLB2.0 Posted 5 hours ago Share Posted 5 hours ago 15 regulated online casinos. Kiwis can still gamble at any online casino as it stands, and the popular ones (stake, roobet) are to be trusted. I wonder how many playing those casinos still shift to the regulated ones, providing they're not included in the 15. Quote Link to comment Share on other sites More sharing options...
westbrew Posted 5 hours ago Share Posted 5 hours ago NZ Govt will attempt to place a geo block much as Australia does, on all on line casinos outside the licensed 15, there will more than likely be ways around it for the Tech savvy, plus the Big 15 will be allowed to advertise excuse the expression their tits off, so good luck to TAB/Entain vs 15 online casinos. All us old buggers bought up on racing will plug away but the younger crowd I'm not so sure they are invested in racing anymore. 1 Quote Link to comment Share on other sites More sharing options...
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