New Zealand proposes online casino contributions of up to NZD20m annually
Online casino operators would contribute 4% of adjusted gross gaming revenue to community funding under New Zealand’s proposal.
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Online casino operators would contribute 4% of adjusted gross gaming revenue to community funding under New Zealand’s proposal.
The sale remains subject to Overseas Investment Office approval, with SkyCity continuing to operate the hotel until 2027.
Random State’s first Lotto NZ eInstant launch establishes distribution through Scientific Games’ SG Content Hub, with additional content planned.
Eleven selected operators can apply for New Zealand’s 15 available online casino licences following the auction.
Betway, Stake, Entain and SkyCity can apply for online casino licences after advancing through New Zealand’s first competitive stage.
Operators holding application rights must still complete regulatory assessment before they can receive a licence to operate in New Zealand.
Eleven brands can apply for 15 New Zealand online gambling licences, with Betway holding the most application rights.
SkyCity, Entain and Stake can advance to online casino licence applications in New Zealand.
The approval gives operators and suppliers entering New Zealand access to GLI’s independent testing services.
The policy would direct part of offshore online casino duty to community grants.
Entain’s BlackRush launch enters a newly regulated market its chief executive estimates could generate up to £600m annually.