In Victoria, for instance, the Victorian Totalisator Agency Board began operating in March 1961 as a state enterprise,[2] and was privatised in 1994.
Tatts Group later purchased TOTE Tasmania in 2011[4] while Tabcorp bought ACT TAB in 2014,[5] both from their respective governments.
The online operations of TABs in Queensland, South Australia, Northern Territory and Tasmania were initially re-branded as TattsBet following the Tatts Group merger.
Ironically, the presence of three pools have permitted previously fixed-odds bookmakers, competitors to the TAB, to offer products that derive their returns from various totalisator starting prices (typically as best or middle dividend of the three, depending on the bet type), which provides an alternative to SP bookmaking, which is illegal in Australia.
The number of stand-alone retail outlets has been steadily declining with the advent of integration of TAB services into hotels and clubs, as well as online betting.
From 2024, Tabcorp holds a direct stake in the VRC carnival rights, on-selling content to the Nine Network to satisfy free-to-air broadcast requirements.
Bookmaking had been made illegal in New Zealand in 1911,[11] replaced initially by on-course totalisators at thoroughbred and harness racing tracks, and later expanded with authorisation of a TAB in 1949.
The management rights for TAB New Zealand have since been franchised to multinational gaming entity Entain[14] effective June 2023.
It commenced in 1992 as Action TV, assuming the Trackside name a year later, and originally operated as a single channel via UHF television - a method also used to broadcast the initial (pre-satellite) incarnation of New Zealand's Sky.
However, unlike Sky's channel, Trackside was screened "in the clear" - meaning most New Zealanders could sit at their TV with a standard UHF aerial and watch racing.
[15] SENZ was sold back to the newly-franchised TAB New Zealand effective February 2024, with SEN retaining commercial and content provision arrangements with the network.