• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 23 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

New Zealand’s SkyCity reportedly asked government to limit online gaming licenses to five

Newsdesk by Newsdesk
Tue 11 Mar 2025 at 04:31
We’re Back!

SkyCity Auckland

22
SHARES
541
VIEWS
Print Friendly, PDF & Email

SkyCity Entertainment Group, operator of three casinos in New Zealand and another in Australia, is reportedly opposed to a New Zealand government plan to issue up to 15 online casino licenses, arguing only five licenses should be granting instead. The company also wants those licenses to be restricted to local New Zealand firms.

SkyCity’s stance was included in official documents related to a new Online Gambling Bill and accessed by local media outlet RNZ under the country’s Official Information Act. The documents reveal a similar stance by the TAB, which wants no more than five to seven licenses issued.

Details of the Online Gambling Bill were first announced last year, with the government keen to offer up licenses in a bid to minimize the proliferation of illegal offshore gambling across the country.

However, in a letter to Internal Affairs Minister Brooke van Velde, SkyCity – which has already confirmed its intention to bid for one of the licenses on offer, argued, “The safest way to ensure online casino profits are subject to New Zealand income tax is to only allow incorporated New Zealand companies to hold licenses and not permit a license to be held by a foreign company or a New Zealand branch of a foreign company.”

Van Velden told RNZ that it was clear SkyCity was looking out for its own interests. casino was looking after its own interests.

“I’m not here to look out for SkyCity. I’m not here to look out for any established particular casino or their brands. I’m here to ensure that we have a fair marketplace and a fair, regulated market,” she said, according to the RNZ report.

The TAB, meanwhile, argued in a letter to New Zealand’s Racing Minister Winston Peters that opening the market up to foreign operators threatened the viability of domestic firms.

“Settings that create an open market would allow for multinational domination over NZ’s existing operators, establishing an unsustainable model for traditional gambling products, and risking our ability to appropriately fund racing and sport – all while driving gambling profits offshore and delivering worse harm outcomes for Kiwi consumers,” the TAB wrote. This would, it added, cause “severe implications for TAB NZ if this fast-growing online casinos market cannibalizes our existing operations by being legitimized in NZ in an open market context.”

However, van Velden also said any attempts to favor local operators could breach New Zealand’s free trade agreements.

“I have considered whether or not it should be domestic priority or offshore priority,” she said. “I think it’s fair just to allow anybody to bid for one of the licenses, rather than try and say, just because you’re here and you’ve been established for years in New Zealand, you’re necessarily a better operator.”

The New Zealand government is due to start issuing licenses in February 2026, with each licenses to be granted for an initial three years.

RelatedPosts

SkyCity launches mandatory carded play across its three New Zealand casinos

SkyCity launches mandatory carded play across its three New Zealand casinos

Wed 23 Jul 2025 at 09:44
New Zealand’s Online Casino Bill passes first parliamentary reading

New Zealand’s Online Casino Bill passes first parliamentary reading

Tue 15 Jul 2025 at 13:59
Global operators asked to register interest as New Zealand moves forward with online gambling regulation

New Zealand introduces Online Casino Gambling Bill to parliament

Tue 1 Jul 2025 at 06:14
Global operators asked to register interest as New Zealand moves forward with online gambling regulation

Global operators asked to register interest as New Zealand moves forward with online gambling regulation

Tue 24 Jun 2025 at 06:25
Load More
Tags: Brooke van VeldenLicenseNew Zealandonline casinoSKYCITY Entertainment Group
Share9Share2
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Macau International Airport saw passenger numbers fall in five of six months during 1H25

Macau International Airport saw passenger numbers fall in five of six months during 1H25

by Pierce Chan
Wed 23 Jul 2025 at 14:47

Macau International Airport recorded approximately 3,612,212 passengers during the first half of the year, representing a year-on-year decrease of approximately 3.2%. According to data released by the Macau International Airport Co Ltd (CAM), the highest passenger throughput at the airport...

Studies show dramatic rise in online gambling during COVID-19 lockdowns

Survey finds most Filipinos who gamble online prefer regulated sites due to concerns over safety, legitimacy

by Newsdesk
Wed 23 Jul 2025 at 13:45

A survey of over 1,000 Filipinos who currently use online gambling platforms has found that safety and legitimacy is their number one concern, with most preferring to play on regulated sites. Filipino-focused sociocultural research firm The Fourth Wall, which conducted...

GLI set to be acquired by private equity firm CVC Capital Partners

GLI set to be acquired by private equity firm CVC Capital Partners

by Ben Blaschke
Wed 23 Jul 2025 at 11:35

CVC Capital Partners, a Jersey-based private equity firm with significant interests in global sports and entertainment brands, looks set to acquire a 100% stake in leading industry test lab Gaming Laboratories International (GLI). Details of the acquisition appear in two...

SkyCity launches mandatory carded play across its three New Zealand casinos

SkyCity launches mandatory carded play across its three New Zealand casinos

by Newsdesk
Wed 23 Jul 2025 at 09:44

SkyCity Entertainment Group announced Wednesday that it has now launched mandatory carded play across all of its New Zealand casinos, with players now required to acquire a “SHOW by SkyCity” card that verifies their identity and provides new safeguards for...

Your browser does not support the video tag.


IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English