T.A.B.
Totalisator Agency Board, betting shop | ||||
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T.A.B. definition was found in categories: Arts & Humanities(1) Encyclopedia(1)
T.A.B. Definition from Arts & Humanities Dictionaries & Glossaries
| Glossary of Stamp Collecting Terms |
TAB
An inscription printed in the margin of a stamp sheet. Tabs are collected attached to the postage stamp.
An inscription printed in the margin of a stamp sheet. Tabs are collected attached to the postage stamp.
T.A.B. Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Totalizator Agency Board
Totalizator Agency Board in Australia and New Zealand, universally shortened to TAB, is the name given to monopoly totalisator organisations. All were originally government owned, but now many of the Australian ones were privatised in the 1990s.
In sports betting, the TAB's margins run at 15%.
The TABs have extensive radio networks in Australia, except in Victoria and Tasmania where other parties own equivalent networks. All these networks share the National Racing Service, a continuous broadcast of thoroughbred, harness and greyhound racing. This makes up the bulk of these networks' content. Collectively, these networks own more radio licences than any other group in Australia - however their terrestrial coverage is less than the ABC as they generally have tiny wattages.
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