Online gaming establishments' online marketing practices under scrutiny in New Zealand's Parliament

In a potential game-changer for the online casino industry in New Zealand, TAB, the country's state-owned betting agency, has expressed interest in entering the digital gaming market. This move could be facilitated through a partnership with UK-based Entain, a leading online gambling company.

The proposed entry of TAB into the online casino market has sparked a debate, with various stakeholders voicing their opinions. One such supporter is SGHC, a Guernsey-headquartered company that has thrown its weight behind the legislation. However, SGHC has called for the removal of the cap on licensed operators, arguing that it could stifle competition and innovation.

The Governance and Administration select committee is currently reviewing submissions on the bill, which, if passed, would pave the way for the legalisation of online casinos in New Zealand.

However, not everyone is in favour of the bill. Martin Cheer and Martin Snedden, two critics of the proposed legislation, argue that allowing online casino advertising would threaten funding streams for community sport and services by cutting into revenue from physical gaming machines.

The concern about the bill's potential impact extends beyond funding. Andree Froude, a spokesperson for the Problem Gambling Foundation, has raised concerns about the bill not prohibiting inducements, such as bonuses and promotions. Froude gave an example of a woman who was offered a NZD $1,000 bonus but had to wager 40 times before being able to withdraw, highlighting the potential for predatory practices towards young or vulnerable players.

The Problem Gambling Foundation has urged the government to consider these concerns and ensure that the bill includes measures to protect vulnerable individuals from the risks associated with online gambling.

Despite the concerns, it is worth noting that there are currently no available search results linking Martin Snedden to the Online-Casino-Gesetz or providing his identity in this context.

As the debate continues, the future of online casinos in New Zealand remains uncertain. The Governance and Administration select committee is expected to make a decision soon, and their decision could shape the landscape of online gambling in the country for years to come.

Online gaming establishments' online marketing practices under scrutiny in New Zealand's Parliament