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A TAB store in Glen Eden, West Auckland, New Zealand. The Totalisator Agency Board [note 1], universally shortened to TAB or T.A.B., is the name given to monopoly totalisator organisations in Australia, New Zealand and South Africa.
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The TAB initiated the world's first Government-run totalisator wagering service in 1951. Today a growing range of tote bet types is on offer, from win, place and each way to Poker and All Up bets, Easybets where the computer picks the runners, weighted towards the favorites, and Percentage betting to cut the cost of placing a bet.
In 1961, the Victorian TAB (Totalisator Agency Board) was established, legalising off-course totalisator betting. Three years later in 1964, the NSW TAB was established, betting on two race meetings on its first day at Canterbury and Menangle.
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The program was launched on March 8, 1995, under the title Philippine Lotto Draw, with original hosts Tina Revilla, Kathy De Leon-Villar and various other hosts (including Timmy Cruz) until December 31, 2004. In 2013, the program changed its name to Philippine Lottery Draw. Since 2016, the show has been known as the PCSO Lottery Draw.