4/15/2022

New Zealand Problem Gambling Levy

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Regulatory Impact Statement: Problem Gambling Levy for 2016/17 to 2018/19 2 Status quo Key features of gambling in New Zealand 5. The sections below summarise key features of the gambling environment in New Zealand. There is more detail in the Ministry’s Strategy to Prevent and Minimise Gambling Harm for.

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  1. The Trust secured a service agreement contract with the Problem Gambling Purchasing Agency. 2004 July – December 2017 The Trust secured a service contract with the Ministry of Health New Zealand via the problem gambling levy in 2004 which continued until the.
  2. The New Zealand Gambling (Problem Gambling Levy) Regulations 2019 have been confirmed by Cabinet. The new regulations come into force on 1 July 2019.
  3. Problem gambling levy Problem gambling services are funded through a levy on gambling operators. The levy is collected from the profits of New Zealand’s four main forms of gambling: gaming machines in pubs and clubs; casinos; the New Zealand Racing Board and the New Zealand Lotteries Commission.
  4. The Problem Gambling Foundation of New Zealand (PGF) is a national non-profit organisation predominantly funded by the Ministry of Health with funds received from the gambling levy. PGF is the largest single treatment provider for problem gambling in Australasia with over 60 locations throughout New Zealand and a staff of 58.

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New Zealand plans to revamp racing industry with governance restructure

New Zealand’s government is set to phase out the country’s betting levy over the next three years, as they move towards repealing the current system on the racing industry.

As confirmed by Racing Minister Winston Peters, the funds that had been generated by the levy will now be distributed towards the racing and sports sector, instead of towards the Crown. As it stands, the betting levy represents four per cent of betting profits – which amounted to $13.9 million in 2018.

Gambling

New Zealand Problem Gambling Levy Rate

New Zealand Problem Gambling Levy

“Redirecting the betting levy is a step towards revitalising of the racing industry,” said Peters. “It was a recommendation of the Messara review of the racing industry, and was endorsed by the Ministerial Advisory Committee (MAC).”

New Zealand Problem Gambling Levy Payment

New Zealand Problem Gambling Levy

Peters, who is also the country’s Deputy Prime Minister, said that repealing the levy would be an integral step towards revamping New Zealand’s racing industry. He added: “The funds will be redistributed to the Racing Codes and Sport New Zealand, with a proportion set aside to support the reduction of gambling harm.

“The racing industry plays a vital role in the New Zealand economy, having contributed NZ$1.6bn to the economy in 2016/17 whilst employing tens of thousands of New Zealanders, many of them young, and boosting New Zealand’s exports.

“It is important that the industry is revitalised and placed on a sustainable footing for the future. Redirecting the betting levy funds is only one of a number of steps the government is undertaking.”

The decision has been welcomed by The New Zealand Racing Board (NZRB), with CEO John Allen saying that it will provide “some much needed relief to an industry where many are struggling to make ends meet and help support them”.

Allen added: “The New Zealand racing industry is responsible for generating NZ$1.6bn in value-added contribution to the New Zealand economy and over 14,000 full time equivalent jobs.

“This announcement is an important element towards safeguarding the future.”

PGF creates resources to help create awareness of gambling harm in New Zealand. You are welcome to download these resources for free.

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New Zealand Problem Gambling Levy 2019

New Zealand Problem Gambling Levy Rates

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