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New Zealand Racing Board
TAB New Zealand (TAB NZ), formerly the New Zealand Racing Board (NZRB) and the Racing Industry Transition Agency (RITA), now the TAB again, is a statutory monopoly for New Zealand sports betting, including betting on horse racing and greyhound racing. It was established under the Racing Act 2003 to operate the TAB, promote the racing industry and maximise the profits of the industry. It broadcasts racing on two television channels TAB Trackside 1 and TAB Trackside 2. The Board has an obligation under the Racing Act to regulate and improve the New Zealand racing industry. It must schedule the racing calendar to maximise profit. It must promote wider ownership of racehorses and greyhounds, and best practice amongst racing clubs and racing events. It must also aim to improve the technology and efficiency of the industry, improve the atmosphere of race day events and improve the facilities of racing venues. TAB The NZ Racing Board's income comes from TAB betting revenue. The NZ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Problem Gambling
Problem gambling or ludomania is repetitive gambling behavior despite harm and negative consequences. Problem gambling may be diagnosed as a mental disorder according to ''DSM-5'' if certain diagnostic criteria are met. Pathological gambling is a common disorder associated with social and family costs. The ''DSM-5'' has re-classified the condition as an addictive disorder, with those affected exhibiting many similarities to those with substance addictions. The term ''gambling addiction'' has long been used in the recovery movement. Pathological gambling was long considered by the American Psychiatric Association to be an impulse-control disorder rather than an addiction. However, data suggest a closer relationship between pathological gambling and substance use disorders than exists between PG and obsessive-compulsive disorder, mainly because the behaviors in problem gambling and most primary substance use disorders (i.e., those not resulting from a desire to "self-medicate" fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling Companies Of New Zealand
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling Regulators
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sports Governing Bodies In New Zealand
Sport pertains to any form of competitive physical activity or game that aims to use, maintain, or improve physical ability and skills while providing enjoyment to participants and, in some cases, entertainment to spectators. Sports can, through casual or organized participation, improve participants' physical health. Hundreds of sports exist, from those between single contestants, through to those with hundreds of simultaneous participants, either in teams or competing as individuals. In certain sports such as racing, many contestants may compete, simultaneously or consecutively, with one winner; in others, the contest (a ''match'') is between two sides, each attempting to exceed the other. Some sports allow a "tie" or "draw", in which there is no single winner; others provide tie-breaking methods to ensure one winner and one loser. A number of contests may be arranged in a tournament producing a champion. Many sports leagues make an annual champion by arranging games in a r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Dominion Post (Wellington)
''The Dominion Post'' is a metropolitan daily newspaper published in Wellington, New Zealand. It is owned by media business Stuff Ltd, formerly the New Zealand branch of Australian media company Fairfax Media. Weekday issues are now in tabloid format, and its Saturday edition is in broadsheet format. Since 2020 the editor has been Anna Fifield. History ''The Dominion Post'' was created in July 2002 when Independent Newspapers Limited (INL) amalgamated two Wellington printed and published metropolitan broadsheet newspapers, ''The Evening Post'', an evening paper first published on 8 February 1865, and '' The Dominion'', a morning paper first published on Dominion Day, 26 September 1907. ''The Dominion'' was distributed throughout the lower half of the North Island, as far as Taupo, where it met with Auckland's ambitiously named ''The New Zealand Herald''. ''The Evening Post'' was not so widely distributed, but had a much greater circulation than ''The Dominion''. INL so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thoroughbred Racing In New Zealand
The racing of Thoroughbred horses (or gallopers, as they are also known) is a popular gaming and spectator sport and industry in New Zealand. History Thoroughbred horse racing commenced soon after European settlement. The first totalisator machine in the world was installed at Ellerslie Racecourse in 1913, see Sir George Julius). Thoroughbred racing with the associated aspects such as horse breeding, training and care, race betting, race-day management and entertainment has gradually developed into an industry worth billions of dollars. The governing body is the New Zealand Thoroughbred Racing Incorporated. Race clubs and courses of New Zealand Thoroughbred racing is held throughout New Zealand, including courses in some of the smaller centres. Major Thoroughbred horse races in New Zealand Prominent people For further prominent people in New Zealand thoroughbred racing, see the list of honorees of the New Zealand Racing Hall of Fame. Leading jockeys According t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling In New Zealand
Gambling in New Zealand is controlled by the Department of Internal Affairs. All public gambling is expected to return a portion of profits to the community. The largest proportion of the gambling industry is operated by state-owned institutions . Expenditure on gambling (losses experienced by players) was $NZ 2.034 billion in 2008 ($NZ 480 per capita), a tenfold increase over 1985 figures. Horse racing Bookmaking was declared illegal in New Zealand in 1920. From then until the introduction of the Totalizator Agency Board (TAB) in 1961, betting on racing was only available on-course. Lotteries The first "Art Union" was conducted in New Zealand by the Otago Art Society in December 1877. Both individuals and organizations subsequently used them as a way of raising funds. The first national lotteries were established in 1933. They were known as "Art Unions". Prizes were relatively small, and in the early Art Unions the prizes were quantities of alluvial gold. As an example, the "Gold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senior Management
Senior management, executive management, upper management, or a management is generally individuals at the highest level of management of an organization who have the day-to-day tasks of managing that organization—sometimes a company or a corporation. Overview Executive managers hold powers delegated to them with and by authority of a board of directors and/or the shareholders. Generally, higher levels of responsibility exist, such as a board of directors and those who own the company (shareholders), but they focus on managing the senior or executive management instead of on the day-to-day activities of the business. The executive management typically consists of the heads of a firm's product and/or geographic units and of functional executives such as the chief financial officer, the chief operating officer, and the chief strategy officer. In project management, senior management authorises the funding of projects. Compare: Senior management are sometimes referred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Risk Management
Financial risk management is the practice of protecting Value (economics), economic value in a business, firm by using financial instruments to manage exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying its sources, measuring it, and the plans to address them. See for an overview. Financial risk management as a "science" can be said to have been born with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see . Financial risk management can be qualitative and quantitative. As a specialization of risk management, financial risk management focuses on when and how to Hedge (finance), hedge using financial instruments to manage costly exposures to risk. *In the banking sector worldwide, the Basel Accords are generally adopted by internatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charter
A charter is the grant of authority or rights, stating that the granter formally recognizes the prerogative of the recipient to exercise the rights specified. It is implicit that the granter retains superiority (or sovereignty), and that the recipient admits a limited (or inferior) status within the relationship, and it is within that sense that charters were historically granted, and it is that sense which is retained in modern usage of the term. The word entered the English language from the Old French ''charte'', via Latin ''charta'', and ultimately from Greek χάρτης (''khartes'', meaning "layer of papyrus"). It has come to be synonymous with a document that sets out a grant of rights or privileges. Other usages The term is used for a special case (or as an exception) of an institutional charter. A charter school, for example, is one that has different rules, regulations, and statutes from a state school. Charter can be used as a synonym for "hire" or "lease ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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