TAB New Zealand's direct funding to the domestic racing industry will reach a record NZ$215 million for the upcoming 2023/24 racing season.
TAB NZ’s direct funding of racing is made up of a distribution payment to Racing New Zealand, the application of class 4 gaming proceeds to the Racing Authorised Purpose, and funding of the independent Racing Integrity Board.
The 2023/24 plan sees a further $30 million made available to the three racing codes, in addition to [...]