New Zealand Government to Expand TAB NZ to Online Betting
Expertise: Online casino, iGaming
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The minister has outlined that there should be changes to the country’s Racing Industry Act 2020 to ensure the sustainability of its domestic horse racing industry due to the changing online growth of gambling activities from overseas gaming companies.
TAB NZ is the state-backed gaming operator that runs the land-based monopoly for sports and racing betting. These changes will see the operator expand its remit to the online gaming market through proposed legislation.
Additionally included in the proposals is new legislation that focuses on creating a safer betting environment, and guidelines to reduce the potential of gambling related harm in the region, while increasing customer protection.
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Nov 06, 2026TAB NZ Supports the Country’s Racing Industry
The New Zealand government recognizes the importance of horse racing in the country and the industry provides millions to the economy of New Zealand, as well as providing more than 13,000 jobs for individuals.
The purpose of the country’s Racing Industry Act was to use gaming revenue generated from TAB NZ to provide financial support to the racing industry in the country. These changes and enhanced safer gambling legislation are set to address a modern gambling regulation framework.
The New Zealand government has been trying to boost regulated gambling in the country by actively targeting unlicensed online gambling.
This legislation will enhance the long-term sustainability of New Zealand’s racing industry by making TAB NZ New Zealand’s sole provider for sports and race betting both on land and online. Growing competition from offshore online betting operators poses a significant threat to the TAB NZ model. This change brings the model up-to-date with the current sports betting climate and will ensure the financial sustainability of the racing industry.
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