From the thundering hooves on the track to the thrill of the digital casino, Tabgold has long been a foundational pillar in South Africa's betting landscape. While its online presence, often synonymous with 'TabOnline,' represents a modern evolution, the roots of Tabgold are deeply embedded in the traditional Totalisator Agency Board (TAB) system, which has provided a trustworthy and regulated platform for South African punters for decades.
Early Beginnings and the TAB Foundation:
The concept of the Totalisator Agency Board emerged in the mid-20th century, initially as government-run entities across countries like Australia, New Zealand, and South Africa. Their primary purpose was to manage pari-mutuel racing bets for horse racing, moving beyond on-course betting to provide official, off-course wagering. In South Africa, this system became an integral part of the horse racing industry, ensuring fair play and contributing to the sport's sustainability.
While a precise founding date for the 'Tabgold' brand as a distinct online entity is often cited around 2006 for its digital platform, its heritage stretches back to the establishment of the TAB operations in the KwaZulu-Natal province. Gold Circle Racing, the operator of thoroughbred racing in KwaZulu-Natal, has historically been responsible for the TABgold branded operations, commingling bets into a nationwide pool alongside the TAB branded service run by 4Racing in other provinces.