Legal & Regulatory News

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.

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