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General Business
3 mins to read

Racing Minister seeks ‘reassurance’ on TAB deal partner

A $33m penalty for UK regulatory failures and an ongoing Australian investigation mar credentials of Entain for 25-year NZ gambling contract.

London-listed Entain operates a string of betting shops and online gambling services.

Tim Hunter Fri, 31 Mar 2023

Racing Minister Kieran McAnulty said he was seeking “reassurance” from statutory sports betting monopoly TAB on the probity of its proposed 25-year contract partner Entain, currently under investigation by Australian financial regulators.

After engaging Australian investment bank Barrenjoey to

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Tim Hunter Fri, 31 Mar 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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