The team here at PredictMarkets HQ thought this was an interesting article from this morning's Dom Post: it outlines TAB's interest in allowing betting in non-traditional events (i.e.: betting on events outside of sports and racing). Here's a snippet for you:

Betting on elections and television contests such as Dancing With The Stars could become legal if the New Zealand Racing Board gets its way.

An Internal Affairs Department briefing paper given to Racing Minister John Carter said he could expect to receive representations from the Racing Board about expanding New Zealand's gambling legislation to include betting on events other than racing or sports.

The board first proposed expanding TAB betting to non-traditional bets in its 2006-2007 annual report, saying overseas agencies such as Australian agency Centrebet - which offers betting on events such as elections, interest rate announcements and the Academy Awards - were leaching betting funds from New Zealand.

Betting through overseas agencies represented "a direct customer, business, community and economic loss to New Zealand", the board's report said.

The briefing paper said any expansion of the gambling market would be controversial and require legislative change.

Click here to go to Stuff.co.nz to read the remainder of the article

Many of these 'non-traditional' areas are what we at PM create markets on. Tell us your thoughts on TAB's intentions, or let us know other areas you'd like us to create markets in - 'non-traditional' or otherwise.