2017 NZRB distributed a total of $137.6m and also provided some $9.3m in commission payments to national sporting organisations and $3.2m in gaming grants to community organisations.


Tere are some changes ahead. In September last year the Racing Amendment Bill (known as Racefields) was halted after a review of the sector was commissioned.


Te Racefields Bill was first introduced into parliament in July 2017 in a bid to modernise the racing and sports betting sectors whilst amending the Racing Act of 2003. Te bill seeks to return money into the country through charges on offshore operators taking bets on New Zealand racing and sporting events and Point of Consumption (PoC) charges for offshore betting operators. It would also have enabled in race betting to offer betting on a wider range of sports.


But in April 2018 Racing Minister Winston Peters withdrew the bill after he commissioned racing administrator John Messara to undertake a review of the sector via the Messara Report.


Peters said at the time: “Te bill wasn’t fit for type, it wasn’t going to address the real issues the racing industry needs addressing. It was looking at one small aspect of it and we decided we need a complex piece of legislation as fast as possible. Tere’s no use trying to do a half pie job with a piece of legislation that wouldn’t have done the job properly.”


Te NZRB says the delay has cost the industry around $1m per month in lost product fees and lost PoC taxes. Te board has since engaged directly with offshore corporate bookmakers to implement the agreed Racefields type product fees for NZ racing.


BetEasy is also making NZ racing available as part of their digital offering and TabCorp is


allowing their Sky racing channels to be available to BetEasy customers.


At the request of the government the Review of the New Zealand Racing Industry by John Messara was commissioned and published in July 2018 with the aim of increasing the industry and wagering competitiveness and efficiency by reducing industry costs and increasing revenue.


It affects all three Codes but mostly the New Zealand Toroughbred Racing (NZTR), the governing body of the thoroughbred sector and represents the 62 thoroughbred racing clubs operating on 48 operating tracks (28 in the north and 20 in the south island).


Tere were some 312 thoroughbred race meetings last year and 2,568 races. Total turnover amounted to $397.7m of which $371.6m was off-course and $26m was on- course turnover.


NEWSWIRE / INTERACTIVE / MARKET DATA P113


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