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New Zealand Commerce Commission approves horse and greyhound pools comingling

30th August 2016 8:39 am GMT

The Commerce Commission of New Zealand has cleared the way for the New Zealand Racing Board to comingle totalisator horse and greyhound race betting pools with Australia’s Tabcorp.

The authorisation granted Tuesday includes restrictions on the New Zealand Racing Board (NZRB) and Tabcorp’s take-out rates from commingled pools, as well as the rebates or commissions payable to high volume customers.

Explaining its decision, the Commerce Commission said that while the provisions of the proposed comingling agreement lessen [...]

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