Entain makes play at one of SkyCity’s revenue streams

SkyCity says virtual sports betting resembles casino gambling. (Image: Dean Purcell)

Tue, 11 Feb 2025

Entain, the offshore company that controls TAB NZ, wants the Government to extend its statutory monopoly to part of SkyCity's business.Minister for Racing Winston Peters unveiled legislation to amend the Racing Industry Act in December. If enacted, TAB NZ's monopoly will be extended to online betting, making it illegal for offshore operators to sell wagers to New Zealanders.In its submission on the Racing Industry Amendment Bill, currently in select committee, Entain suggested the Government “extend the definition of ‘other...

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