NZ Select Committee Calls For Changes To Racing Industry Bill

In a bid to limit data used by offshore bookmakers, the New Zealand Transport and Infrastructure Select Committee has proposed that changes be made to the charges imposed for using betting information.

The Select Committee introduced more than 30 changes to the Racing Industry Bill when it submitted its report to the House of Parliament, with the legislation only set to be signed into law a month later than originally intended.

The Committee outlined plans to work with the three racing codes-New Zealand Thoroughbred Racing (NZTR), Harness Racing New Zealand (HRNZ) and Greyhound Racing New Zealand (GRNZ)-to ensure that measures are placed in place to allow offshore bookmakers to pay for the use of New Zealand racing data.

Once the law has been codified, the committee suggested that Racing NZ, consisting of the three codes, be established which could assume some of the functions of the codes.

The group has also suggested a TAB NZ Board reshuffle. On the recommendation of the codes the TAB is proposed to have three out of seven members appointed. A selection panel was introduced, and the Board ‘s overall required skill set would typically remain consistent with what was previously in the Bill.

In a statement, the Racing Industry’s Transition Agency (RITA) said: “There are over 30 areas where the Committee have recommended changes and it will take us some time to work through and understand each of the different proposals.

“Our initial view of the Select Committee’s recommendations is that the overall direction and structure of the Bill remains the same as it was before the Committee and is still in line with the direction of the Messara Report.

“The TAB will be established as a pure betting, broadcasting and gaming entity, and the Codes will have greater roles and responsibilities for developing and promoting their sport.”