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New Zealand law explained for everyone

Racing Industry Act 2020

Betting and TAB venues - Betting - Sports betting

80: Agreements with Sport and Recreation New Zealand

You could also call this:

“TAB NZ can make deals with Sport NZ to allow betting on sports without official NZ groups”

This law talks about sports betting when there’s no proper New Zealand sports group in charge. It applies to sports where people compete in legal games or contests, both in New Zealand and other countries.

If there’s no New Zealand sports group that runs the sport or organises the events in New Zealand, TAB NZ can still do sports betting. But they need to make a deal with Sport and Recreation New Zealand first.

This deal between TAB NZ and Sport and Recreation New Zealand needs to include how they’ll share the money from sports betting. They can decide together on the details of this agreement.

Remember, TAB NZ can only do this kind of betting if they have this special agreement in place. It’s a way to make sure sports betting is fair when there’s no official New Zealand sports group involved.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS292140.

Topics:
Money and consumer rights > Gambling Business > Industry rules
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79: Agreements with New Zealand national sporting organisations, or

"TAB NZ needs permission from sports groups to run betting on their events"

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81: Use of facilities, or

"TAB NZ can use its current offices and tools for sports betting, or set up new ones"

Part 4 Betting and TAB venues
Betting: Sports betting

80Agreements with Sport and Recreation New Zealand

  1. This section applies if, in relation to a sport involving human competitors participating in lawful organised games, competitions, or other events held in or outside New Zealand, there is no appropriate New Zealand national sporting organisation—

  2. that administers the sport in New Zealand; or
    1. under whose auspices or control the events held in New Zealand are conducted (or, in the case of events held outside New Zealand, would be conducted if they were held in New Zealand).

      1. Despite section 79(1), TAB NZ may conduct sports betting on any event held in relation to the sport concerned if it has entered into a sports betting agreement with Sport and Recreation New Zealand that complies with subsection (3).

      2. A sports betting agreement must be on the terms and conditions agreed between the parties, including (without limitation) as to payment to Sport and Recreation New Zealand, under section 82(1)(e), of revenue from sports betting on the event or events to which the agreement relates.

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