SkyCity agrees conditional NZ$221m sale of Auckland's Grand Hotel
The conditional hotel sale would provide debt-reduction proceeds while SkyCity temporarily continues operating the property.
Regulation, licensing and business reporting in New Zealand.
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The conditional hotel sale would provide debt-reduction proceeds while SkyCity temporarily continues operating the property.
Online casino operators would contribute 4% of adjusted gross gaming revenue to community funding under New Zealand’s proposal.
Random State’s first Lotto NZ eInstant launch establishes distribution through Scientific Games’ SG Content Hub, with additional content planned.
Eleven selected operators can apply for New Zealand’s 15 available online casino licences following the auction.
Betway, Stake, Entain and SkyCity can apply for online casino licences after advancing through New Zealand’s first competitive stage.
Operators holding application rights must still complete regulatory assessment before they can receive a licence to operate in New Zealand.
Eleven brands can apply for 15 New Zealand online gambling licences, with Betway holding the most application rights.
SkyCity, Entain and Stake can advance to online casino licence applications in New Zealand.
The approval gives operators and suppliers entering New Zealand access to GLI’s independent testing services.
The policy would direct part of offshore online casino duty to community grants.
Entain’s BlackRush launch enters a newly regulated market its chief executive estimates could generate up to £600m annually.
One Foundation’s six-day licence suspension demonstrates the licensing consequences of accounting failures involving gambling proceeds.
Entain warned that an advertising battle in New Zealand’s regulated online gaming market could provoke a regulatory response.
Gambling societies face continuing investigations and new financial guidance following commitments to return community funds and a licence suspension.
For gaming machine operators, the regulator’s NZ$11.5m recovery demonstrates financial consequences accompanying widespread compliance failures.
Accounting failures led to a licence suspension following New Zealand’s poker machine sector review, demonstrating licensing consequences for charitable operators.
Falling gaming revenue and rising expenses accompanied lower EBITDA as SkyCity targets savings and plans an Adelaide strategic review.
Teneo will advise DigiPlus on overseas opportunities and risks as it considers New Zealand entry.
Advertisers must avoid the prohibited themes and endorsement practices.
Licensed online casinos face limits on endorsements and advertising content that appeals to minors.
Online gambling advertisers face restrictions on endorsements, superstition claims and material appealing to minors.
The proposed sale would advance SkyCity’s asset disposal programme if completed.
The process creates a route for operators to obtain market access.
Prospective applicants can begin participating in New Zealand’s online gaming licensing process.
The licensing process advances preparations for New Zealand’s regulated online casino market.
The opening starts the application process for New Zealand’s regulated online casino market.
The opening starts the process for applicants seeking entry to New Zealand’s licensed igaming market.
Operators face new regulations as New Zealand begins its competitive licensing process.
New Zealand advances 11 operators towards online casino licence applications
Random State’s first Lotto NZ eInstant launch establishes distribution through Scientific Games’ SG Content Hub, with additional content planned.
Eleven selected operators can apply for New Zealand’s 15 available online casino licences following the auction.
Betway, Stake, Entain and SkyCity can apply for online casino licences after advancing through New Zealand’s first competitive stage.
One Foundation’s six-day licence suspension demonstrates the licensing consequences of accounting failures involving gambling proceeds.
Gambling societies face continuing investigations and new financial guidance following commitments to return community funds and a licence suspension.
For gaming machine operators, the regulator’s NZ$11.5m recovery demonstrates financial consequences accompanying widespread compliance failures.
The conditional hotel sale would provide debt-reduction proceeds while SkyCity temporarily continues operating the property.
Falling gaming revenue and rising expenses accompanied lower EBITDA as SkyCity targets savings and plans an Adelaide strategic review.
Teneo will advise DigiPlus on overseas opportunities and risks as it considers New Zealand entry.
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