Skip to main content
email usour twitterour facebook page
Trackside Radio
my account
 
 New Zealand Gallops News 
Thursday, March 23 2017

Racing Minister Nathan Guy has announced plans to amend the Racing Act 2003 and enable the introduction of charges for offshore betting operators.

"These changes will help create a more level playing field for the TAB in the face of offshore competition, and ensure that offshore operators pay their fair share back to our communities," he said.

"By law, the New Zealand Racing Board (NZRB) is the only New Zealand-based provider of racing and sports betting via the TAB.

"This system ensures any proceeds from gambling go back to the local sporting and racing activities that make that gambling possible in the first place, and that punters operate within a regulatory framework that minimises gambling harm.

"However, a growing number of New Zealanders are now gambling through offshore betting agencies who make no contribution back to our communities.

"Having consulted with the public, the Government is now preparing a Bill to amend the Racing Act 2003 to help keep the TAB competitive and retain New Zealand customers, and ensure that offshore operators pay their fair share back to our communities."

Posted by: Racing Desk AT 12:24 am   |  Permalink   |  Email