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The Latest in new zealand
Sports
October 31, 2022
TAB NZ Reports $6.6M in Profit for September
New Zealand’s only racing and sports betting agency, TAB NZ, released its latest trading update, revealing figures for its performance in September this year. TAB NZ Reveals Data for Performance in September The agency revealed that the trading update for September 2022 is the second monthly trading update as a part of the 2022/2023 financial […]
Lottery
October 28, 2022
Powerball Ticket Brought NZ$16m to Couple in Wellington
A statement sent out by Lotto’s communication team told the story behind the latest NZ$ 16 million ($9.36 million) won by a couple living in Wellington who used to rarely buy a ticket. Family Evening as Usual Last week the couple won the multi-million prize in the Powerball first division and after the excitement has […]
Sports
October 17, 2022
Legendary Rugby Player Regan King Talks about Problem Gambling
Regan King, the famous New Zealand rugby player, revealed in a recent interview the struggles he faced with gambling during his professional career. The powerful words of the rugby player come at the start of the 2022 Safer Gambling Week that launched on October 17 and is set to run through October 23. Regan King […]
Sports
October 4, 2022
New Zealand: TAB Releases August Results, Sees Revenue Dip
The statutory body that offers betting services to residents in New Zealand, TAB New Zealand, released its trading update covering the performance in August this year. TAB Gross Betting Revenue in August Down on Budget by 6% Acknowledging the ongoing impact of the COVID-19 pandemic and continuing soft economic conditions, the operator revealed that its performance […]
Casino
September 27, 2022
Christchurch Casino Goes Online, Sparks Concerns
Christchurch Casino’s plans to launch an online casino do not sit well with gambling safety activists in New Zealand. While the local casino company lacks a license to operate online gaming in the country, people in New Zealand are legally permitted to play with offshore brands. Christchurch Casino Goes Digital Christchurch Casino will establish an […]
Lottery
September 12, 2022
New Zealand Lottery Faces Backlash for Enabling Underage Gambling
According to a recent study, 7% of Pacifica children living in New Zealand had purchased a Lottery ticket. The report drew attention to the fact that most Lotto games do not have an age restriction and raised concerns about how early gambling exposure could affect youngsters. Gambling Harm Prevention Is a New Government Priority New […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 22, 2022
Study: 5.8% of Global Adult Population Has Gambling Problem
Dr Simone Rodda from the Auckland University of Technology has co-authored a new study which considered results from other studies that focus on understanding problem gambling and how accessible treatment services are. According to Dr Rodda’s conclusions, most people suffering from gambling problems are unlikely to access such options at all. Understanding Problem Gambling and […]
Sports
August 1, 2022
TAB NZ Shares June Monthly Trading Update, Reported Profit Is $11M
TAB New Zealand has shared the June 2022 monthly trading update as a part of the 2021/2022 financial year. The report states that the performance was down on the positive trend of the year as turnover reached $197.3 million, which is 3.9% below budget. Gross betting revenue was 3.2% down on budget ($31.6 million) and […]
Industry
July 1, 2022
Increased Foot Traffic in May Could Not Help TAB NZ Meet Budget
New Zealand betting services provider TAB NZ released today its tenth monthly trading update for the 2021/22 financial year covering the performance in May 2022. Financial Performance Indicators TAB NZ failed to meet its turnover budget targets in May despite the slight ease of the impact of the current coronavirus outbreak which resulted in increased […]