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Bit Of A Yarn

Why are online casino's any different from horse and sports betting....


Guest Kit Walker

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Guest Kit Walker

"They are looking out for themselves, right? I'm not here to look out for Sky City. I'm not here to look out for any established particular casino or their brands. I'm here to ensure that we have a fair marketplace and a fair, regulated market."

Van Velden also said tilting the playing field in favour of local operators could breach New Zealand's free trade agreements.

The DIA would be the worst department to be handling the licensing. Clueless on gambling related matters.  If they had chased up overseas betting companies to collect fees due there would be no need to have Gio blocking.

https://www.msn.com/en-nz/news/national/offshore-operators-poised-to-dominate-new-online-gambling-market/ar-AA1AD44s?ocid=entnewsntp&pc=U531&cvid=151323491b564091b76437bcd315f8c5&ei=19

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1 hour ago, SLB2.0 said:

I contacted the DIA yesterday in relation to this but for more selfish reasons.

However, despite this being in my field of work, I'm surprised they're allowing this to happen. Having 15 casinos advertising in NZ could saturate the online market and drive problem gambling.

 

Do you not think Entain are any different, more racing, more sports option, more gambling, great incentives to join up.

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37 minutes ago, SLB2.0 said:

Has Entain provided more racing and more sports betting options?

As for the great incentives. They're rubbish compared to Australian corps.

Well you can wager on Paraguay women's football, Racing from all over the World, always looking for new ways to make a dollar, as for the incentives, maybe if they get a monopoly there might be none.

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Geo blocking won’t go ahead in NZ, no other major country allow it. 
 

Let’s face it, NZ has little in racing and sports that punters world wide want to invest on, rugby is a dead duck, and our horse racing is a wooden spoon compared to Aus….

So Entain expect to have a monopoly …. but want to allow punters to bet on overseas racing, events for little? 
Australia may want a bigger slice, at the moment they are getting a cut from NZ punters betting with them, maybe if it’s stopped some sort of Tarif could be applied, Trump will help.

Sky City allow overseas punters to bet with them, so they won’t want it, other sites will also be blocked so NZers will be peeved. 
 

As I have stated, if I couldn’t bet in Aus, my total bet spend in NZ would not increase with TAB or Betcha, I use each agency for specific betting as most do. 

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My Understanding was that geo blocking was for wagering which is sport and racing, gambling which is effectively casino games would not fall under the geo blocking, hence the government is looking to issue 15 licenses of which most will be taken up by offshore operators. The key here is understanding that with 15 operators able to legally advertise and offer gambling options to the NZ population over time they will aim to change consumer behavior ( that means move gamblers from racing and sport, to pokies, blackjack, poker etc).

It appears the racing industry is turning a blind eye to this, I for one think this is a game changer and will over time see a significant drop in gambling related income available for distribution to the racing industry. 

A further issue which i believe will rear its head further down the line, is that the present community distribution scheme from domestic pokie income will also be impacted. And if i was running Basketball or Tennis or Rugby etc i would be going to the government and saying, why are the profits from gambling on my sport being handed over to the racing industry??? hmmmmmm  

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Well, my understanding of wagering processes is limited.  However with the potential for challenges to the current situation - the online gaming markets,  cessation of dog racing and its contribution,  shenanigans wrt Entains financial dealings ( which the Chief considers small change in the bigger picture, he may well be right ) and the ending of the 5 year lolly scramble we are enjoying atm - how can we not be very alarmed?

Where are the changes in the pipeline to address our future?  Is Ballesty (sp) likely to leap into racing structures and programmes, dates, etc?  Or will he be ( as Huey thinks) as clueless as his predecessors?

Tracks are not improving, riders are bad, its hard to find a kiwi-born apprentice. The new protocols for track riders are awful and so far have produced nothing but the potential for youngsters to get hurt...I can go on but I'll get depressed. 

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