Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Racing Amendment Bill modernising betting


Hon David Bennett
Minister for Racing
2 August 2017

Racing Amendment Bill modernising betting

Minister for Racing David Bennett has introduced the Racing Amendment Bill into Parliament.

The Bill modernises racing and sports betting in New Zealand, amending the Racing Act 2003.

“These changes make it possible to get a return for the information received from betting on New Zealand events and also bets placed by New Zealanders,” Mr Bennett says.

This Bill seeks to return money into New Zealand through information and consumption charges from offshore betting operators.

An information charge seeks money from offshore operators taking bets on New Zealand racing and sporting events.

A consumption charge seeks money from offshore operators taking bets from people living in New Zealand.

“The Racing Amendment Bill will also enable in-race betting, bringing it into line with in-play betting for sports and will allow the New Zealand Racing Board to offer betting on a wider range of sports” Mr Bennett says.

The proposals in the Racing Amendment Bill stem from a review undertaken by the Offshore Racing and Sports Betting Working Group in 2015.

Mr Bennett thanked the Working Group and all those that made submissions on proposals to amend the Act.

“I welcome this advancement in collection of betting charges that can be used to assist the racing industry and other sports bodies are these bets,” Mr Bennett says.

The Bill is available at:
http://www.legislation.govt.nz/bill/government/2017/0288/latest/DLM7380406.html?src=qs

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice.

Evidently, the National government is similarly desperate for anything that might discredit or derail the Ardern juggernaut, even if that means throwing Internal Affairs Minister Peter Dunne under a bus More>>

 

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election