The TAB provides online and retail outlet wagering services throughout Western Australia. The TAB is currently part of Racing and Wagering Western Australia (RWWA). As well as operating the TAB, RWWA is responsible for overseeing racing within Western Australia, which includes fostering development and ensuring the integrity of racing through the regulation and supervision of racing in Western Australia. RWWA distributes a percentage of the net profits it receives from the TAB in order to support the racing industry.

    The racing and wagering industry has changed rapidly over recent years, with the increase in corporate bookmakers and online sports wagering. The TAB has operated successfully in Western Australia, and this has resulted in a strong racing industry. However, the consideration of a sale of the TAB provides an opportunity to address the likely challenges that will arise in the future.

    The Government will continue consulting with the racing industry to develop an agreed solution for a sale and industry funding structure that will enable the Government to realise the value of the TAB, but also ensure the racing industry remains strongly supported into the future.

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Treasury plays a central role in managing Western Australia’s public sector finances and in providing expert analysis and advice on the strategies and frameworks necessary for maintaining the State’s economic and financial position.

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