{"id":777010946,"date":"2023-11-08T07:31:24","date_gmt":"2023-11-08T10:31:24","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010946"},"modified":"2026-04-22T16:24:54","modified_gmt":"2026-04-22T19:24:54","slug":"melbourne-cup-sets-new-record-for-bets-in-new-zealand","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melbourne-cup-sets-new-record-for-bets-in-new-zealand","title":{"rendered":"Melbourne Cup sets new record for bets in New Zealand"},"content":{"rendered":"\n<p>Players bet NZ$13.4m with TAB.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>New Zealand.- This year\u2019s Melbourne Cup set a new record in New Zealand as gamblers wagered NZ$13.4m (US$8.30m) on \u201cthe race that stops the nation.&#8221; The race, won by Australian stayer Without A Fight, saw a 14 per cent increase in bets resulting in<strong> turnover of NZ$28.4m (US$17.60m)<\/strong> on the day itself, up 10 per cent from last year. The number of TAB accounts used reached 127,000, up 15 per cent.<\/p>\n\n\n\n<p><strong>Cameron Rodger,<\/strong>&nbsp;the New Zealand managing director of Entain, the operator of the TAB, stated: \u201cOn the back of The Everest in Sydney in mid-October doubling in turnover, and the recent injection into stakes and other initiatives within New Zealand, we\u2019re seeing record numbers engaging with the racing industry through TAB.\u201d<\/p>\n\n\n\n<p>The Victoria Racing Club (VRC) noted that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/melbourne-cup-set-for-global-broadcast-in-209-countries\" target=\"_blank\">this year\u2019s Melbourne Cup was showed by 25 broadcasters across 209 countries and territories<\/a>. HBA Media expanded distribution, enlisting eight major networks to deliver coverage of the event. This year, the Melbourne Cup had an AU$8.4m (US$5.4m) prize pool.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Players bet NZ$13.4m with TAB.<\/p>\n","protected":false},"author":176,"featured_media":10469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"New Zealand's TAB, operated by Entain, reported record betting turnover of NZ$28.4m for the Melbourne Cup, a 10% increase year-on-year, driven by a 14% rise in bets and 15% growth in active accounts. This surge in engagement, following strong performance from other major racing events, underscores robust player participation within the racing vertical. The event also saw expanded global media distribution, enhancing its international profile.","focusai_entities":"TAB, Entain, Cameron Rodger, Victoria Racing Club (VRC), HBA Media, Without A Fight","focusai_location":"New Zealand, Sydney, Australia","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Entain's Growth Strategy?","query":"What specific operational or marketing strategies implemented by Entain's TAB in New Zealand drove the 14% increase in betting volume and 15% growth in active accounts?"},{"label":"Financial Impact for Entain?","query":"Given the record turnover, what are the projected GGR and NGR impacts for Entain's New Zealand operations, and how does this performance influence their capital allocation strategy for the racing vertical?"}],"footnotes":""},"categories":[16336,155],"tags":[233],"class_list":["post-777010946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-sports-betting-news","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777010946"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010946\/revisions"}],"predecessor-version":[{"id":777041004,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010946\/revisions\/777041004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10469"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}