I believe the DIA received complaints about The Informant advertising BGP logo on the front page on their late February issue.
BGP are an affiliate of ladbrokes and other offshore bookmakers.
As we know it is illegal in NZ to advertise offshore bookmakers and their affiliates, which the Informant did.
Yes, BGP get paid for sign-ups, AND commissions on EVERY bet that signed-up person does for life. That is what an affiliate is.
There are many signed up members of these offshore bookmakers, through BGP.
BGP are marketing to the NZ racing public - its on BGP header of the website. NZ biggest racing club! along with offshore bookmakers ads. That alone is against the Racing Act!
Luke and BGP didnt go with NZ TAB, because the NZ Racing Board couldn't provide BGP commissions for bets made by a members signedup through them.
Its not tall poppy. These lads apply a loophole (an overseas administrator!) in the Racing Act for their own profit. These bonus and commissions they get through Ladbrokes is money lost to the NZ racing stakeholders.
I work hard in the industry and see our stakes (turnover) declining every year, because of loopholes like this.
