Tag Archives: nathan guy
New Zealand online gambling point of consumption tax looms
March 23, 2017New Zealand’s government is pushing ahead with plans to restrict the ability of internationally licensed online gambling operators to offer wagers on local racing events. On Thursday, Racing Minister Nathan Guy (pictured) announced plans to amend the Racing Act 2003 to boost the fortunes of the New Zealand Racing Board,...
New Zealand wants to take the reins on overseas racing bets January 7, 2016New Zealand is working on how to recover the millions Kiwis have been spending on overseas bookmakers, starting with new legislation. The number of New Zealanders participating in overseas betting has grown from around 23,000 in 2010 to an estimated 40,000 today, according to the New Zealand Racing Board. And...
New Zealand wants int’l online gambling operators to pay 3% betting turnover fee November 24, 2015New Zealand has unveiled its plans to prevent international online gambling sites from offering their superior services to local punters. A year ago, Racing Minister Nathan Guy said his “number one priority” was finding a way to boost revenue for the New Zealand Racing Board’s TAB online betting site. In...
New Zealand working group to study ways to defeat online betting sites April 16, 2015New Zealand’s Racing Minister is making good on his pledge to reduce or eliminate his countrymen’s access to international online betting sites. On Thursday, Racing Minister Nathan Guy (pictured) announced the formation of a working group to determine the scale of New Zealand gamblers’ use of online betting options other...
Curbing online gambling “number one priority” of New Zealand racing minister November 26, 2014Cutting off the flow of funds to international online betting sites is the “number one priority” of New Zealand’s new racing minister. Nathan Guy (pictured) made the claim this week during a speech at the annual meeting of the New Zealand Racing Board (NZRB). The NZRB has long complained about...
