Casinos, Gambling and Sports Betting in New Zealand

 The New Zealand TAB initiated the world's first Government-run totalisator betting service in 1951. The TAB (totalisation agency board) is run by the New Zealand Racing board and controls all of New Zealand's horse, greyhound and sports gambling. They have branches set up all over New Zealand as well as at all race meets. In 1996 it added fixed odds betting to its horse and greyhound gambling options, when the TAB began sports betting. The three racing sports that New Zealanders bet on before fixed odds Sports betting was made legal were; New Zealand Thoroughbred Racing (gallops) Harness Racing New Zealand (trotting and pacing) New Zealand Greyhound Racing (greyhounds) Now over 26 sports are covered with sports from all over the world, including baseball, rugby, football, golf, tennis and cricket to shearing. In 2003 when the New Zealand racing board was set up it conducted a survey the found out that racing; Generates some 1.3% of New Zealand's gdp - around $1.5bn per year Creates some 18,300 full time jobs, generating more than $679m in salaries and wages. That's the figure, measured in "full time equivalents" Generates more than $130m in export sales of horses If you need any kind of information on this article related topic click here: football betting