Entain invests 100 million NZD to strengthen partnership with Tab NZ, new law boosts its online gambling monopoly position.

Global gambling giant Entain will pay up to 100 million New Zealand dollars (approximately 60.6 million US dollars) to Tab NZ to fulfill its long-term strategic cooperation agreement signed in 2023. This payment coincides with the official approval of the amendment to the "2003 Racing Industry Act",

Has New Zealand's advertising law been "bypassed"? Offshore gambling sites crazily attract traffic through free games!

The New Zealand government proposes to expand the online monopoly of TAB NZ to strengthen the New Zealand racing industry.

The bill, proposed and announced by Racing Minister Winston Peters, will amend the Racing Industry Act 2020. This will effectively grant TAB NZ a monopoly over the entire sports and racing betting market in New Zealand.TAB NZ was established under the Racing Industry Act. It replaced the Racing Indu