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New Zealand Racing Board grows revenue in financial first half

10th April 2018 8:52 am GMT

The New Zealand Racing Board (NZRB) has credited successful customer acquisition campaigns and increased online betting activity for a 3.2 per cent increase in revenue in its financial first half.

Total betting and gaming turnover for the six month period ended January 31st climbed 3.9 per cent year-on-year to NZ$1.43bn (€850.98m), with revenue climbing to $188.1m.

The majority of revenue was derived from betting, which grew 3.8 per cent to $151.1m. The NZRB said this growth was aided by strong [...]

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