Any Ozzie, give us a brief primer on TABS, addressing such questions. What is takeout on Win Place & Exotics. What is the overall turnover split between win/place vs exotics. Is the 1.5% added on top of preexisiting takeout levels or subsumed within it. They're private? Yes. What percentage of net profits is paid to "Racing". How is dividend breakage dealt with. In US it goes to horsemen charities etc, in HK it is returned to punters, in UK it is just kept by the pool operator. Anything else you care to elucidate about them.