What’s at stake? Whether higher stakes can permanently retain top horses and investment capital in New Zealand.
Background: The 25-year strategic partnership between TAB New Zealand and global wagering operator Entain has injected new funding into thoroughbred racing and reshaped stakes, programming and international engagement.
Main players: New Zealand Thoroughbred Racing (NZTR), New Zealand Bloodstock (NZB), trainer Stephen Marsh, global bloodstock operation Yulong and Entain, and TAB New Zealand.
When Chinese-owned racing and breeding operation Yulong bought half of unbeaten filly Well Written after her impressive spring showing, few expected she would stay in New Zealand.
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Key points
What’s at stake? Whether higher stakes can permanently retain top horses and investment capital in New Zealand.
Background: The 25-year strategic partnership between TAB New Zealand and global wagering operator Entain has injected new funding into thoroughbred racing and reshaped stakes, programming and international engagement.
Main players: New Zealand Thoroughbred Racing (NZTR), New Zealand Bloodstock (NZB), trainer Stephen Marsh, global bloodstock operation Yulong and Entain, and TAB New Zealand.
