{"id":777028362,"date":"2025-06-27T08:50:29","date_gmt":"2025-06-27T11:50:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028362"},"modified":"2026-04-21T21:30:42","modified_gmt":"2026-04-22T00:30:42","slug":"new-zealand-passes-racing-bill-amendment-that-extends-tab-nz-monopoly","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/new-zealand-passes-racing-bill-amendment-that-extends-tab-nz-monopoly","title":{"rendered":"New Zealand passes racing bill amendments extending TAB NZ monopoly"},"content":{"rendered":"\n

TAB NZ will have exclusive rights to online betting.<\/p>\n\n\n\n\n\n\n\n

New Zealand.- The New Zealand parliament has passed racing bill amendments that would extend TAB NZ\u2019s monopoly on sports and racing betting from land-based operations to online platforms. The amendments to the Racing Industry Act 2020, proposed by racing minister Winston Peters<\/a>, now await sign off from governor-general Cindy Kiro after their third reading.<\/p>\n\n\n\n

The amendments state that no person other than TAB NZ may offer racing betting, sports betting, or other racing or sports betting (or any combination of those forms of betting) in New Zealand.<\/p>\n\n\n\n

Peters said the legislation would \u201censure the sustainability of the racing industry in New Zealand.\u201d He noted that the racing industry generates NZ$1.9bn for the economy and employs 13,500 people across the country. <\/p>\n\n\n\n

He said: \u201cRacing and sports have a special place in communities throughout New Zealand. With the rapid growth in online betting, we needed to make changes to protect TAB NZ\u2019s betting revenue to support the progress of the industry.”<\/p>\n\n\n\n

He added: \u201cThis legislation redirects New Zealand punters\u2019 dollars for the benefit of the racing industry and sports here, rather than overseas commercial operators. It also means all sports and racing betting in New Zealand will now be in a fully regulated environment.”<\/p>\n\n\n\n

The bill also introduces powers for harm minimisation. Peters said there would be increased ministerial and regulatory oversight to ensure integrity. \u201cIf TAB NZ’s performance does not meet expectations, action can be taken to uphold the protection of consumers,\u201d he said.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Influencer fined for promoting online gambling in New Zealand<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

TAB NZ will have exclusive rights to online betting.<\/p>\n","protected":false},"author":226,"featured_media":777026996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"New Zealand's parliament has passed amendments to the Racing Industry Act 2020, granting TAB NZ exclusive online betting rights for sports and racing. This legislative change aims to ensure the sustainability of the domestic racing industry by redirecting local punters' funds from overseas commercial operators and establishing a fully regulated online betting environment with enhanced harm minimisation powers.","focusai_entities":"TAB NZ, Winston Peters, Cindy Kiro","focusai_location":"New Zealand","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), affiliate_publisher (0.9), product_ux (0.7), tech_data (0.7), marketing_crm (0.9), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"TAB NZ GGR Projections?","query":"What are the specific financial projections for TAB NZ's GGR and NGR under this expanded online monopoly, considering the redirection of funds from overseas operators?"},{"label":"Harm Minimisation Oversight?","query":"How will the increased ministerial and regulatory oversight be implemented, and what are the key performance indicators for TAB NZ's compliance with harm minimisation objectives?"}],"footnotes":""},"categories":[16336,24628,154],"tags":[225,338,23709],"class_list":["post-777028362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-highlight-of-the-week","category-legislation-news","tag-legislation","tag-new-zealand","tag-tab-nz"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028362"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028362\/revisions"}],"predecessor-version":[{"id":777028401,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028362\/revisions\/777028401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777026996"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}