Gambling Act 2003

Gambling - Licensing of casino gambling - Operation of casinos

181: Restriction on certain agreements

You could also call this:

"Casinos need approval for certain money-sharing agreements"

If you have a casino licence, you cannot make certain agreements with others without written approval from the Secretary. You need approval for agreements where someone else gets a share of the money gambled at the casino or a share of the casino's earnings. The Secretary can approve these agreements if they think it is a good idea in a specific situation.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM209360.


Previous

180: Prohibition on certain gaming machines in casino, or

"Casinos can't use certain gaming machines that take big banknotes."


Next

182: Review of agreements, or

"Checking casino agreements to ensure fair gambling"

Part 2Gambling
Licensing of casino gambling: Operation of casinos

181Restriction on certain agreements

  1. The holder of a casino licence must not, without the written approval of the Secretary, enter into or be a party to a lease, contract, agreement, or arrangement (whether written or unwritten) with any other person for that person to lease, let, lend, or provide a thing or service in return for—

  2. a direct or indirect interest in, or percentage or share of, money gambled at the casino; or
    1. a direct or indirect interest in, or percentage or share of, the turnover, revenues, profits, benefits, or earnings from or of the casino.
      1. The Secretary may, upon application, approve in writing a lease, contract, agreement, or arrangement referred to in subsection (1) if the Secretary considers that it is desirable or appropriate to do so in a particular case.

      Compare
      • 1990 No 62 s 73