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New Zealand crackdown on internet gambling

Friday August 15,2014 : NEW ZEALAND'S LABOUR PARTY PROMISES CRACKDOWN ON INTERNET GAMBLING
 
National Racing Board applauds promise of a tougher stance.
 
If the New Zealand Labour Party gets into power in the next general election, offshore gambling operators beware; the party has promised that a crackdown on internet gambling is among its priorities.
 
Labour MP Ross Robertson told local media this week that legislative steps would be taken to stem the flow of an estimated NZ$300 to NZ$400 million spent by New Zealand online punters on offshore sites that escape domestic taxes and levies.
 
"That particular sum is conservative. I would estimate it's probably double that, and if that can be used for working with the industry to increase stakes, then that's got to be good for the industry," Robertson said, adding that the law change would raise an extra NZ$20 million in tax a year.
 
The New Zealand Racing Board was quick to support Robertson, welcoming his commitment to tackle the issue of offshore betting, whilst the government's Racing Minister, Nathan Guy, said the issue was now a priority, and his team intend to work closely with the racing industry to look for practical solutions to the problem after the election.
 
New Zealand Racing Board Chair Glenda Hughes said the amount of betting cash flowing to offshore websites was increasing, and now constitutes a major threat to New Zealand’s racing industry.
 
"We have long called for measures to level the playing field and ensure the racing industry sees a benefit from their investment," she said Friday.
 
"We have been working with the current government on this issue and we are pleased that both these political parties now see the need to take action."
 
The racing industry boasts that it plays a critical role in the New Zealand economy, contributing NZ$1.6 billion to GDP - on par with the seafood and wine industries - and employs over 17,000 New Zealanders.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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