Skip to main content

PGF Raises Concerns over Racing Industry Reforms

Recently updated on July 8th, 2019

The Problem Gambling Foundation (PGF) of New Zealand has raised concerns over gambling-related harm associated with reforms to the Racing Industry. When the reforms were announced earlier this year, they were aimed at improving revenue intake. However, the latest plans to regulate the reform could affect at-risk communities negatively. According to reports, the two biggest changes to affect problem gambling will be the introduction of virtual horse racing and permission to give more pokie machines to race tracks.

These changes will assist the racing industry with profits, but will likely reduce community fund contributions because race tracks will contribute less of their profits. Under current laws, gaming machine operators must contribute 40% of their proceeds to community projects. Comparatively, amateur sports only contribute 20% to communities. Andree Foude from the PGF has explained that the reforms will result in communities around race tracks receiving less contributions.

PGF Raises Concerns over NZ Racing Industry Reform

PGF Concerned over Gambling Act 33(3) Annulment

As part of the changes to the racing industry, section 33(3) of the Gambling Act could be repealed to accommodate the TAB. In essence, the repeal will allow the TAB to expand the number of machines they operate by purchasing pubs.  In turn, they will operate the machines and only have to contribute 20% to current projects. Ms Foude says that this will result in one form of gambling funding another while draining the local community.

Further concerns have been raised from the introduction of virtual racing services. Whereby actual horse racing will be moved from physical tracks to computer generated horse racing. Through easy accessibility, online gambling makes a gambling problem easier to hide. After all, punters can then use credit cards to fund their gambling.

However, the government intends to regulate the industry and promote minimising gambling-related harm. Unfortunately, the PGF and Ms Foude still believe that the changes will cause harm. At the moment, it’s unclear what type of regulation to expect for the changes.

Related Posts

Racing Industry to Start Taxing Offshore Bookmakers

Racing Industry to Start Taxing Offshore Bookmakers

Recently updated on April 29th, 2019New Zealand’s racing industry could soon be facing some big changes. Reportedly, the government will be charging a point-of-consumption tax on races in New Zealand. After a review by John Messara, an Australian racing expert, two pieces of legislation are in the works. Firstly, the current racing board will be […]

Tararua is Failing to Stop Gambling after Six Years of the ‘Sinking Lid’ Policy

Tararua is Failing to Stop Gambling after Six Years of the ‘Sinking Lid’ Policy

Recently updated on April 5th, 2019With gambling-related harm at the forefront of Kiwi minds, Tararua was one of the first districts to limit gaming machines. Unfortunately, their ‘sinking lid’ policy is now in its sixth year without much to show for it. While other districts in New Zealand are trying to clamp down on the […]

Senate Committee Rejected Brazil Gambling Bill

Brazil Gambling Bill Rejected by Committee

Recently updated on March 12th, 2018After almost a year of stalling, a Brazil Gambling bill was finally considered by a specialised Senate committee. However, the Brazilian Comisión de Constitución, Justicia y Ciudadanía (CCJ) voted against legalising gambling in the country. When it was first introduced in 2014 by Senator Ciro Noguiera, the bill sought to […]

Internet Gambling with Credit Cards Could Get Banned in NZ

Credit Card Gambling Deposits NZ

Recently updated on August 4th, 2019New Zealand’s government agency is on a mission to ban internet gambling with credit cards. The New Zealand Department of Internal Affairs is responsible for creating and regulating the gambling industry.  One of the many reasons behind the department considering the ban of credit card internet gambling is the launch […]