The Latest in new zealand
Casino
September 27, 2022
Christchurch Casino Goes Online, Sparks Concerns
Christchurch Casino’s plans to launch an online casino do not sit well with gambling safety activists in New Zealand. While the local casino company lacks a license to operate online gaming in the country, people in New Zealand are legally permitted to play with offshore brands. Christchurch Casino Goes Digital Christchurch Casino will establish an […]
Lottery
September 12, 2022
New Zealand Lottery Faces Backlash for Enabling Underage Gambling
According to a recent study, 7% of Pacifica children living in New Zealand had purchased a Lottery ticket. The report drew attention to the fact that most Lotto games do not have an age restriction and raised concerns about how early gambling exposure could affect youngsters. Gambling Harm Prevention Is a New Government Priority New […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 22, 2022
Study: 5.8% of Global Adult Population Has Gambling Problem
Dr Simone Rodda from the Auckland University of Technology has co-authored a new study which considered results from other studies that focus on understanding problem gambling and how accessible treatment services are. According to Dr Rodda’s conclusions, most people suffering from gambling problems are unlikely to access such options at all. Understanding Problem Gambling and […]
Sports
August 1, 2022
TAB NZ Shares June Monthly Trading Update, Reported Profit Is $11M
TAB New Zealand has shared the June 2022 monthly trading update as a part of the 2021/2022 financial year. The report states that the performance was down on the positive trend of the year as turnover reached $197.3 million, which is 3.9% below budget. Gross betting revenue was 3.2% down on budget ($31.6 million) and […]
Industry
July 1, 2022
Increased Foot Traffic in May Could Not Help TAB NZ Meet Budget
New Zealand betting services provider TAB NZ released today its tenth monthly trading update for the 2021/22 financial year covering the performance in May 2022. Financial Performance Indicators TAB NZ failed to meet its turnover budget targets in May despite the slight ease of the impact of the current coronavirus outbreak which resulted in increased […]
Industry
June 27, 2022
New Zealand to Spend $75M on New Gambling-Harm Prevention Program
The Labor government in New Zealand is realizing the urgency of acting quickly in addressing a societal ill that has been putting people at risk. Problem gambling is a growing issue in the country and the government now wants to focus more efforts on ensuring that it is able to successfully minimize gambling-related harm. New […]
Industry
May 25, 2022
TAB NZ Announces Above-Budget Performance in April
At the beginning of January, TAB NZ appointed Mike Tod as its new chief executive with the intent to help maximize its profits, support local communities, and boost returns to sports organizations in the country. Now, the New Zealand-based racing and sports betting agency announced surprising profit and revenue figures for April. The numbers went […]
Poker
May 11, 2022
NZ Poker Player-Turned Drug Dealer Arrested, Authorities Seize His Assets
Shane Tamihana, a former pro poker player, has had all of his assets seized by New Zealand authorities after he was arrested for being included in a massive methamphetamine ring. Drugs destroyed him and a judge sentenced him to 13 years in prison. Tamihana Was a Successful and Uprising Poker Player While dealing drugs, Tamihana […]
Casino
April 26, 2022
Waikato Region Gamblers Lose $150,000 on Pokies Daily
Waikato communities in New Zealand have borne the brunt of gambling, with the regions experiencing the direct negative impact of the activity affecting some of the poorest people in the country. Both Pasifika and Māori are struggling with keeping their gambling under control as locals have been increasingly turning to poker machines that are omnipresent […]