1964: ACTTAB set up as a separate entity to take off-course bets on horse races. It runs a totalisator scheme: bets on a race are totalled and dividends calculated so 85 per cent of takings are returned as winnings. The remaining 15 per cent to go to administration, government and the racing industry.
July 2, 1985: Northern Territory TAB starts. ACTTAB runs computer services and pooling operations, collecting 0.5 per cent of turnover.
1991: ACTTAB made a territory-owned corporation.
Late June 1993: Meetings between ACTTAB representatives and Vitab principals and former Prime Minister Bob Hawke, a Vitab shareholder. Vanuatu-based Vitab says it has got the second betting licence in Vanuatu and proposes that ACTTAB provide computer and technical services and access to the superpool in return for a percentage of turnover.
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