Monday, April 30, 2007
New Zealand and Australia a step closer to comingling

The parimutual organisations Tabcorp of Australia and NZ Racing Board of New Zealand have come close to operating comingled pools on eachothers events.

It is expected that by the end of May, Tabcorp punters will be able to bet into the New Zealand pools on NZ racing. The comingled pool will pay the same dividends to New Zealand and Australian punters. The agreement also appoints Tabcorp's racing TV channel Sky Channel as international agent for New Zealand racing.

Although both parties already agreed in principle on the comingling deal in october last year, the final agreement was held up by regulatory complications.