New Zealand minister rejects TAB bid to enter online casino market
Internal Affairs Minister Brooke van Velden rejected TAB’s proposal to pay $150m for an online casino licence in New Zealand, reportedly. The government is preparing to issue 15 online casino licences, but TAB is currently barred from offering online casino gambling. Racing Minister Winston Peters said he had no plans to change the law for TAB’s entry.
The decision leaves TAB unable to compete for the planned online casino licences unless the law changes.