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NZRB Welcomes Proposed Amendments to Racing Act 2003
Media Release 23 March 2017 NZRB Welcomes
Proposed Amendments to Racing Act 2003
The Chair of the New Zealand Racing Board (NZRB), Glenda Hughes, welcomes today’s announcement by Minister Nathan Guy regarding proposed amendment to the Racing Act 2003.
“This important amendment will provide significant benefit to New Zealand racing and sport; we are delighted to have this recognised by Government and thank them for their ongoing support of our industry,” says Ms Hughes.
“With these proposed changes, we will be able to ensure significantly more funding is provided back to support the thousands of Kiwis who work or participate in, and enjoy racing and sport around the country.
“With the rapid and broad growth of online betting competition, we have seen more and more of potential industry income lost overseas.
“These changes help keep this income in New Zealand, where it can support our people and help grow our fantastic racing and sports programmes to even greater success.
“NZRB is also continuing to work on improving its competitiveness to enhance our customers’ experience and ensure they can receive the same level of service and options as they find offshore,” says Ms Hughes.
Ends.
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