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Bit Of A Yarn

Public submissions are now being called for the Racing Industry Amendment Bill


NZRacing

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https://www.parliament.nz/en/pb/sc/make-a-submission/document/54SCGOA_SCF_5B1E49CE-798C-4466-E6FF-08DD18052784/racing-industry-amendment-bill

I really doubt it's worth the time and effort to make a submission. 98% of the 120 MP's who will vote on the legislation would have no understanding of gambling and will get railroaded into believing whatever figures get thrown at them.

The DIA did a 1/10 job of collecting overseas fees from gambling companies taking betting on NZ racing product and now they are supplying background material and policy information on this proposed new bill. It will be a classic case of the blind leading the blind.

 

 

Edited by NZRacing
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2 hours ago, NZRacing said:

https://www.parliament.nz/en/pb/sc/make-a-submission/document/54SCGOA_SCF_5B1E49CE-798C-4466-E6FF-08DD18052784/racing-industry-amendment-bill

I really doubt it's worth the time and effort to make a submission. 98% of the 120 MP's who will vote on the legislation would have no understanding of gambling and will get railroaded into believing whatever figures get thrown at them.

The DIA did a 1/10 job of collecting overseas fees from gambling companies taking betting on NZ racing product and now they are supplying background material and policy information on this proposed new bill. It will be a classic case of the blind leading the blind.

 

 

I find it interesting that they have taken a simple approach, making it illegal for overseas operators to take bets. No geo-blocking for example and not making it illegal for NZers to place bets with overseas operators. The onus seems to be on anyone offering to take bets.

74AAA Prohibition on offering betting to persons in New Zealand

(1)

No person other than TAB NZ may offer racing betting, sports betting, or other racing or sports betting (or any combination of those forms of betting) to a person in New Zealand.

(2)

Subsection (1) applies to a person (other than TAB NZ) regardless of where the person is resident or incorporated.

Edited by curious
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