{"id":11019,"date":"2025-10-07T12:03:36","date_gmt":"2025-10-07T11:03:36","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=11019"},"modified":"2025-10-07T12:03:40","modified_gmt":"2025-10-07T11:03:40","slug":"entain-has-shut-down-new-zealands-tab-racing-club","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/10\/07\/entain-has-shut-down-new-zealands-tab-racing-club\/","title":{"rendered":"Entain Has Shut Down New Zealand\u2019s TAB Racing Club"},"content":{"rendered":"\n<p><strong>Entain<\/strong> Australia and New Zealand (<strong>Entain ANZ<\/strong>) has opted to shut down the <strong>TAB Racing Club<\/strong>, a racehorse ownership experience programme.<\/p>\n\n\n\n<p>The decision comes only a year after Racing Club was set up, with Entain ANZ stating that the business case for the programme doesn\u2019t weigh up against the costs.<\/p>\n\n\n\n<p>According to the operator, the Australia and New Zealand division of UK-based multinational Entain, the TAB Racing Club was costing around NZ$2.5m ($1.5m), offsetting the some-18,000 Kiwi customers who used it.<\/p>\n\n\n\n<p>The firm has mapped out a plan to shut down the club. The remaining experiences will continue up until the New Zealand Cup Week in Christchurch in November, while it is also beginning to sell the club\u2019s horses subject to independent appraisal and animal welfare standards.<\/p>\n\n\n\n<p><strong>Andrew Vouris,<\/strong> CEO of Entain ANZ, explained the decision as a \u2018disciplined and responsible\u2019 one that allows Entain \u201cto get back to basics \u2013 selling bets and delivering strong returns to the New Zealand racing industry\u201d.<\/p>\n\n\n\n<p>He continued: \u201cWe are focused on our core business of responsibly selling bets and creating innovative products, while ensuring the horses are well cared for with their new owners, and our customers enjoy the experiences they\u2019ve already secured.<\/p>\n\n\n\n<p>\u201cThis decision is about discipline, focus, and doing what\u2019s right for the long term \u2013 winning, but not at all costs.\u201d<\/p>\n\n\n\n<p><strong>Entain\u2019s NZ status unchanged<\/strong><\/p>\n\n\n\n<p>The NZ Racing Club was launched as a New Zealand version of the <strong>Ladbrokes Racing Club<\/strong>, an Australian initiative organised as part of the <strong>Ladbrokes Australia<\/strong> brand.<\/p>\n\n\n\n<p>Like its New Zealand counterpart, the Ladbrokes Racing Club was shut down back in February two years after it opened back in 2023. The promise of both clubs was to give participants the experience of racehorse ownership.<\/p>\n\n\n\n<p>Commenting at the time of the Australian shutdown, former CEO of Entain Australia, <strong>Dean Shannon, <\/strong>explained that the initiative was \u2018not immune to the rising cost of operating pressure currently affecting the wagering sector\u2019.<\/p>\n\n\n\n<p>In New Zealand, an ulterior motive may be the lack of competition, with Entain holding the sole rights to operate legal sports betting as operator of the state-owned TAB under a 25 year agreement.<\/p>\n\n\n\n<p>Recent legislative changes to the <strong>Racing Industry Act 2020<\/strong> further reaffirmed Entain\u2019s position and led to overseas firms like Betfair \u2013 operated in Australia and New Zealand by Crown Resorts \u2013 withdrawing from the market.<\/p>\n\n\n\n<p>This lack of competition may have made setting its brand out from the crowd via fan engagement initiatives like the Racing Club less of an appealing expense for Entain, which like all global gaming PLCs has its bottom lines to think about as operating costs rise and taxation looks set to increase across various markets.<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entain Australia and New Zealand (Entain ANZ) has opted to shut down the TAB Racing Club, a racehorse ownership experience programme. The decision comes only a year after Racing Club was set up, with Entain ANZ stating that the business case for the programme doesn\u2019t weigh up against the costs. According to the operator, the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":11020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[14207,151,52,14206,324,13780,2927,2419,14209,2964,14205,14204],"class_list":["post-11019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","tag-andrew-vooris","tag-australia","tag-betting","tag-dean-shannon","tag-entain","tag-entain-anz","tag-gambling-market","tag-horse-racing","tag-ladbrokes-racing-club","tag-new-zealand","tag-project-closure","tag-tab-racing-club"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Entain Has Shut Down New Zealand\u2019s TAB Racing Club - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"Entain Australia and New Zealand (Entain ANZ) has opted to shut down the TAB Racing Club, a racehorse ownership experience programme.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/10\/07\/entain-has-shut-down-new-zealands-tab-racing-club\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Entain Has Shut Down New Zealand\u2019s TAB Racing Club - 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