Our Vision: To secure the future of our industry, and position it as one of New Zealand's great success stories.
Our Mission: To enhance kiwis' involvement and enjoyment of racing and sport.
Our Purpose: To deliver a thrilling betting, racing and sports experience that all kiwis can get involved in and be proud of.
When you bet with the TAB on the gallops, trots or greyhounds, take a punt on the All Blacks or European football, every betting dollar contributes to grass roots racing and sports in New Zealand as well as the livelihoods of hundreds of thousands of Kiwis involved in these sectors.
The New Zealand Racing Board was established in 2003 under the Racing Act to administer all racing and sports wagering in New Zealand.
We are a major entertainment business with more than 180,000 TAB account-holders and a retail network comprising around 600 outlets.
NZRB directly employs 820 personnel (full-time, part-time and casual), with the majority of these people involved in the various facets that make up the TAB operation scheduling daily racing for customers in New Zealand, selling racing and sports bets through our retail network, online and telephony channels, or the broadcast of racing on our national television channels Trackside 1 and 2, and on Trackside Radio.
We support betting on more than 78,000 domestic and imported thoroughbred, harness and greyhound races each season, as well as on a rapidly growing number of domestic and international sporting events.
After operating costs and expenses, our profit is distributed to the three New Zealand Racing Codes New Zealand Thoroughbred Racing, Harness Racing New Zealand and Greyhound Racing New Zealand in accordance with an agreed funding model. In 2016/17, NZRB distributed $137.6 million to the three Codes.
NZRB is also a significant supporter of sports in New Zealand – in 2016/17 we provided $9.3 million in commission payments to National Sporting Organisations, and paid out $3.2 million in Gaming grants to grassroots community sporting organisations.
Our Commitment to Diversity and Inclusion
NZRB is committed to becoming a more diverse and inclusive organisation. We welcome diversity in all forms, and want all of our people to know they are respected and valued, whatever their background, identifiers, beliefs or affiliations. People are at the heart of our success. By embracing and incorporating the vast ranges of experience and perspectives our people bring to NZRB, we are able to broaden our understanding, make better decisions, and deliver an improved experience for our customers. Not only is it great for the hearts and minds of our people, it’s great for our customers.
We know that diversity and inclusion doesn’t just happen, which is why we have embedded these principles in our organisational values which underpin the way we work and how we treat each other. We are building our strategy and our first focuses are on resolving gender-based pay inequalities, and improving representation of women and ethnicities in leadership. We may be at the beginning our diversity and inclusion journey, but we are excited to see where it can take us.