12/03/20
TAB NZ reports profit of $28.3m despite revenue dropping 6%
New Zealand’s RITA (Racing Industry Transition Agency, now TAB NZ) released its Annual Report on Friday, announcing a year on year profit of NZ$23.8m, all thanks to a government stimulus package of $41.0m that saved the organisation from a 6% drop in revenue. Without the government aid included, TAB NZ’s revenue for the fiscal year...
