dock leaf 142 Report post Posted December 6, 2019 On Thursday 5th December, Racing Bill No 2 was released which is due to have it’s first reading before Parliament adjourns for the year. Here is the link to read it: http://legislation.govt.nz/bill/government/2019/0198/latest/d11427752e2.html Quote Share this post Link to post Share on other sites More sharing options...
100 1 1,386 Report post Posted December 6, 2019 How about reducing NZ's ridiculously high takeout rates by 30% and make your product the most competitive in the world. That's what the people want to know. No other B/S Why isn't the main topic? Please publish them and compare them with your opposition. Betting The Bill introduces an approval mechanism to enable consideration of new racing and sports betting products, which to date has required legislative change. This change will support opportunities to increase revenue for the racing industry and support its financial sustainability. The Bill will allow TAB NZ to seek agreement from an independent body to new betting rules, requiring that harm minimisation is prioritised in any application for a new betting rule. The Bill introduces a focus on preventing and minimising gambling harm in the purpose statement of the Bill, to recognise the risks associated with new betting products. The Bill also provides TAB NZ with exclusive rights to the racing industry’s intellectual property used in racing betting and broadcast products in the Australian and New Zealand market. Quote Share this post Link to post Share on other sites More sharing options...