Photo / PhotosportPunters line up to place bets at the TAB during the New Zealand Bloodstock Karaka Million in January. Photo / PhotosportThe man charged with running TAB NZ for the next 18 months says the industry looks on track for significantly larger payout for next season but there is still an enormous amount of work to be done. The much delayed and increasingly-complicated running of TAB NZ has gained some clarity with Dean McKenzie appointed chief transition officer on an 18-month contract. While many people in the racing industry couldn't name and don't really care who runs the codes or TAB NZ, it is incredibly crucial to the thing they do care about most: stakes and their flow on effect. Those numbers could combine to see TAB NZ raw profits up between $20million and $30million, potentially more, for this season but McKenzie warns not all may be returned directly to the industry.

Source: New Zealand Herald April 14, 2021 17:04 UTC