Racing Minister Winston Peters has announced a repeal of the betting levy (racing totalisator duty) currently paid by the racing industry to the Crown. Peters made the pre-Budget announcement when opening the New Zealand Bloodstock Karaka May Sale in Auck
The New Zealand Racing Board has announced an operating profit result of $154.9 million for the year ending 31 July 2018, up $6.9 million (4.7%) on last year. Including the investment in its strategic initiatives, reported net profit was $145.9 million, $
The Racing Amendment Bill, better known as the ‘race fields’ legislation was withdrawn from Parliament on Thursday. Racing Minister Winston Peters confirmed the move when speaking at the annual New Zealand Harness Racing Conference, being held in Auck