The Commission may amend an authorisation if the Commission is satisfied that there has been a material change of circumstances since the authorisation was granted and it considers an amendment appropriate. TAB did not seek any other amendments to the authorisation, including to its scope or length. TAB requested that the 2016 authorisation be amended to apply to Entain, so that Entain could engage in the authorised conduct when it took over TAB’s betting and wagering functions. In June 2023, TAB and Entain entered a strategic partnership agreement whereby TAB will delegate its betting and wagering functions to Entain.

The authorisation expires on 29 August 2025.Įntain is a multinational sports betting company based in the United Kingdom. In 2016, the Commission authorised TAB and Tabcorp restricting both the take-out rates from their commingled pools (betting rules provisions) and the rebates or commissions that TAB and Tabcorp pay high volume customers (revenue leakage provisions). TAB and Tabcorp commingle their horse and greyhound totalisator betting pools to improve the betting options available to New Zealand and Australian punters. Tabcorp is a major Australian betting company. TAB is a statutory body that provides betting services to New Zealanders and makes returns back to New Zealand racing and sporting organisations.

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