It’s best known for its brand Ladbrokes, which you’ve probably had the misfortune of seeing in ad after ad if you’ve dipped into viewing Australian or UK-based sports.Įntain comes to us with a dismal reputation for meeting regulatory obligations to mitigate harmful gambling activities. Entain operates under a number of different brand names in different gambling areas, from sports betting to online casinos. You may not have heard of Entain prior to the coverage of this new arrangement with the TAB. It’s a potentially seismic shift in gambling culture for our society that we might all be paying the price for in years to come. That is a hefty cash injection for the racing industry, but at the cost of privatising our betting industry to make way for a global gambling organisation. Racing minister Kieran McAnulty has just approved a 25-year deal transferring our own TAB NZ betting operations to British gambling giant Entain, a deal that sees Entain fronting up $900m for our racing industry in the first five years. But the deal is shortsighted and potentially dangerous, writes Terry Leisman. ![]() The government insists it just saved the TAB by handing over operations to an overseas gambling company.
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