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Podcast: The Front Page
Episode: Racing bill under scrutiny: TAB NZ could become sole online betting operator
Description: A Bill which would give New Zealanders just one avenue to bet on racing and sports online is under the microscope. The amendments to the Racing Industry Act would make TAB New Zealand the sole legal domestic operator of online racing and sports betting. The TAB estimates Kiwis lose $185 million a year to offshore operators, with the changes expected to retain this money. It’s all while the TAB’s operator, Entain, faces allegations of not doing enough to combat money laundering and corruption in Australia. And there are concerns from thos...