New Zealand Approves Nzrb Commingling With Tabcorp (update)

Take-out rates on commingled pools and pertaining to high volume punters restricted

In its final determination, the New Zealand Commerce Commission (NZCC) has authorised the New Zealand Racing Board (NZRB) and Australia's Tabcorp Wagering Manager to commingle totalisator horse and greyhound racing betting pools, subject to certain restrictions.
The restrictions refer to the NZRB's and Tabcorp's take-out rates from commingled pools and the rebates or commissions that the NZRB and Tabcorp pay high volume customers.
Following a public invitation last month for submissions in opposition of the draft decision, chairman of the NZCC Dr Mark Berry revealed none had been received.
"In reaching our decision we found that there are public benefits to combining the respective betting pools such as the NZRB being able to offer New Zealand residents more Australian races. Customers can also benefit from having higher value pools," Berry said.
"We found the detriment is limited and only confined to a small number of customers engaged in high volume betting."

Online Casino News Courtesy of Infopowa

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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