A Bill which would give New Zealanders just one avenue to bet on racing and sports online is under the microscope.

The amendments to the Racing Industry Act would make TAB New Zealand the sole legal domestic operator of online racing and sports betting.

The TAB estimates Kiwis lose $185 million a year to offshore operators, with the changes expected to retain this money.

It’s all while the TAB’s operator, Entain, faces allegations of not doing enough to combat money laundering and corruption in Australia.

And there are concerns from those in the industry that the monopoly would push Kiwis onto the black market.

Today on The Front Page, Business Desk’s Gregor Thompson has been following the progression of the bill, and joins us.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

A Bill which would give New Zealanders just one avenue to bet on racing and sports online is under the microscope.
The amendments to the Racing Industry Act would make TAB New Zealand the sole legal domestic operator of online racing and sports betting.
The TAB estimates Kiwis lose $185 million a year to offshore operators, with the changes expected to retain this money.
It&rsquo;s all while the TAB&rsquo;s operator, Entain, faces allegations of not doing enough to combat money laundering and corruption in Australia.
And there are concerns from those in the industry that the monopoly would push Kiwis onto the black market.
Today on The Front Page, Business Desk&rsquo;s Gregor Thompson has been following the progression of the bill, and joins us.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer/Producer: Richard Martin Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Racing bill under scrutiny: TAB NZ could become sole online betting operator

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