Online gambling receipts balloon amid efforts to regulate sector

Online gambling receipts balloon amid efforts to regulate sector
The TAB has estimated that New Zealanders spent $700m on online casinos last year. (Image: Supplied)
Gregor Thompson
Declared offshore online gambling revenues have surged as the government moves to tighten its grip on the industry.On Oct 8, Minister of Revenue Simon Watts responded to a series of parliamentary questions posed by Green MP Celia Wade-Brown.Wade-Brown was told the total gross gaming revenue reported by offshore online gambling providers in their goods and services tax (GST) returns was $290.3m in the six months to June 30. The most relevant comparable figure is $342.5 million for the 12 months to June 2023, which was provided in a regulato...

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