Tabcorp is Australia's largest gambling and entertainment operator and provides wagering operations through its exclusive licences to operate the TAB networks in New South Wales and Victoria. TAB wagering is conducted in more than 2500 agencies, hotels and clubs in NSW and Victoria. Only Australia Post has more retail outlets in Australia. Betting is also conducted through telephone and online account sales and via on-course totalizators at country and metropolitan race meetings. More than $9 billion is bet each year in NSW and Victoria through the TAB on thoroughbred, greyhound and harness racing and sport.