Tab New Zealand has recorded betting turnover figures of NZ$191.9m (£99.6m/€118.5m) for September – a 6.6% increase from last month when operations were affected by lockdowns.
The figure did however come in NZ$9.4m below budget and NZ$18.8m lower than the same period last year.
Total gross betting revenue for the month was NZ$33.7m, NZ$1.5m above budget at a margin of 17.6%.
Reported profit for the month came to NZ$13.8m, NZ$1.6m above budget and a 58.6% increase on the previous month. Operating expenses amounted to NZ$9.1m, which was NZ$0.8m below budget.
The Tarzino Trophy event at Hastings was the most lucrative racing event of the month, generating NZ$635,000. The Sir Rupert Clarke stakes at Caulfield was next with NZ$508,000, followed by the War Decree 1200 at Te Rapa which brought in NZ$439,000.
In terms of sporting events, New Zealand’s rugby union matches against South Africa and Australia proved to be the most popular, raising NZ$933,000 and NZ$800,000 respectively. Th..