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New Zealand’s SkyCity Reportedly Asked Government to Limit Online Gaming Licenses to Five
SkyCity Entertainment Group, which operates multiple casinos in New Zealand and Australia, has expressed opposition to the government’s plans to issue up to 15 online casino licenses. Instead, the company argues that only five licenses should be granted and that these should be limited to locally incorporated firms. Their stance is documented in papers accessed by local media under the Official Information Act, which also revealed that the TAB has similar views, suggesting a limit of five to seven licenses.
The Online Gambling Bill aims to curb illegal offshore gambling by regulating online casino operations in New Zealand. SkyCity plans to bid for one of the proposed licenses, asserting that restricting licenses to local companies is essential for ensuring tax compliance and protecting domestic interests. Internal Affairs Minister Brooke van Velden remarked that while SkyCity’s concerns seem self-serving, the government seeks to maintain a fair marketplace open to all bidders, including foreign operators.
The government plans to commence issuing licenses in February 2026, each valid for an initial term of three years.
Key Points
- SkyCity requests limiting online gaming licenses in New Zealand to five and restricting them to local firms.
- The company’s concerns are shared by the TAB, which suggests a maximum of seven licenses should be issued.
- This request comes amidst efforts by the New Zealand government to manage illegal offshore gambling.
- SkyCity believes that limiting licenses to local operators will ensure taxation compliance and support local businesses.
- The government is set to issue these licenses by February 2026, lasting for an initial three years.
Why should I read this?
This article sheds light on the ongoing debate regarding the regulation of online gambling in New Zealand. With SkyCity’s influential voice in the gaming sector pushing for restrictions that favour local companies, it raises questions about the balance between local interests and a competitive market open to international operators. Understanding these dynamics is crucial for stakeholders in the gaming industry and those concerned about responsible gambling practices.
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