Scoop has an Ethical Paywall
Kiwis Flock To TAB For Melbourne Cup
Kiwis Flock To TAB For Melbourne Cup
This year’s Melbourne Cup is proving to be a red-hot bet with turnover up on last year, according to current figures from the TAB.
The Southern Hemisphere’s richest race celebrates its 150th running today and punters are getting into the Cup spirit with TAB turnover up 16% at midday compared to the same time last year.
TAB spokesman Michael Dore says the Melbourne Cup is a big day for the agency. “Last year, 10% of the adult population took a bet and we’ve undertaken a huge effort to make this year’s Cup bigger than ever.”
Last year’s Melbourne Cup generated a total turnover for the TAB of $7.91m for the Melbourne Cup race and a total turnover of $17.12m for all races on the day.
“At midday today turnover was $1.68m, however, the real money comes in the last hour before the race. But it’s looking good and more people than ever before are looking to take a punt,” Dore says.
Betting for the TAB Spring Carnival and
Melbourne Cup can be placed at any TAB store nationwide or
online. Visit tab.co.nz
ENDS
International Writers' Workshop NZ Inc: Ōtepoti Poets Top The Kathleen Grattan Prize For A Sequence Of Poems
NZ Amateur Sport Association: 22 Amendments Proposed For 2022 Act Lodged On 22 November
Auckland University of Technology: Reading Helps Children Face A Difficult Future
PATHA: Puberty Blocker Evidence Brief Affirms Aotearoa’s Approach
Tataki Auckland Unlimited: Into Ocean & Ice - Unveiling Antarctica's Past And Present
Health Coalition Aotearoa: Urgent Action Needed To Address Aotearoa’s Shameful Household Food Insecurity