As betting revenue and profit fall short of expectations, Tab NZ will reduce racing distributions.

Despite Tab NZ reporting significant retail traffic in the wake of the relaxation of Covid-19 limitations and greater overall field sizes across all classes, betting revenues and profits have fallen short of budget for a period of straight months.
However, additional elements including race cancellations, pressure from unregulated offshore internet operators, and general economic difficulties had an influence on operations once more in October.
 
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