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New Zealand’s Sky City plans to launch online casino

Niji Ng

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Photo source: citi.io
Reading Time: 2 minutes

Sky City, the New Zealand-based casino company, is mulling over options for launching an online casino in its compete with foreign online casinos.

Graeme Stephens, Sky City’s chief executive,  said the company is likely to team up with an offshore online casino operator.

The news, however, has been criticised by the Problem Gambling Foundation.

“We would not want that to happen at all because online gambling creates an immense amount of risk,” said Andree Froude.

“We don’t want to see any more online gambling opportunities,” she said.

Already Kiwis could gamble online with TAB, and also play Lotto online, she said.

Stephens said Kiwis were already gambling at online casinos run by overseas-based operators.

“It’s available here in New Zealand. A lot of offshore-based casino operators are making their online offerings available to Kiwis, including our own customers,” he said.

“It’s something we have been looking at for a while, as we need to. We have got a large investment in bricks and mortar. The future of the world, not just our industry, but everywhere is going online.

“We are evaluating our options in that space, and if we can make something work, we would like to.”

“It’s a logical segue from our land-based [business] into the online.”

But there are two big hurdles for Sky City to launch an online casino. The first is surmountable. Sky City lacks the internal competence to do it, which means any launch would be likely to be in partnership with an existing overseas-based online casino operator.

“You’ve got to be pretty globally competent, if you are going into the online space, and we don’t have any of that competence today, so if we were going to do anything, I’m pretty confident it would have to be with a partner at least to start with,” said Stephens.

“You couldn’t have a second rate offering online and hope to attract business.”

The second hurdle is a legal one. A law change would be needed to allow an onshore-based company like Sky City to set up an online casino.

“It’s not regulated in New Zealand. Therefore there’s no opportunity to create a business in New Zealand today,” Stephens said.

“Everyone that’s offering product in New Zealand is doing so from offshore.”

“A huge sensitivity for us is to make sure that we are ever compliant in New Zealand. We have got massive investment in bricks and mortar here, we don’t want to trip ourselves up in any way.”

“We certainly aren’t going to do anything aggressive in this space that would offend our regulator here.”

Sky City had not been lobbying the Government to change the Gambling Act to give it a level playing field to compete with online casino operators based overseas.

But Stephens had this message for Parliament: “It’s going to happen regardless, so you might as well regulate it because then you get the benefits of harm minimisation and taxes,” he said.

The Problem Gambling Foundation would like a review of the Gambling Act too, but would oppose allowing onshore companies to launch online casinos.

Instead, it would like it to explore ways New Zealand could control overseas online casino operators, such as requiring them to be licensed here, or restricting the use of credit cards to gamble on offshore-based casino sites.

Source: stuff.co.nz

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Compliance Updates

California could legalise sports betting in 2020 ballot

Niji Ng

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California could legalise sports betting in 2020 ballot
Photo Credits: Robert F. Bukaty/Associated Press
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Alex Padilla, Secretary of State in California, has said that the processes to include sports betting legalisation on the 2020 ballot in California has been started. Russell Lowery, a political consultant, is pushing the proposal.

The proposal would require 585,407 signatures collected by February in order to get included on the 2020 election ballot. It would expand tribes’ rights over certain games but would also expand competition for them as it would clear nontribal cardclubs to take sports wagers.

“This proposed measure would bring Vegas-style gaming to nearly 100 locations and urban areas throughout California,” said Mark Macarro, chairman of the Pechanga Band of Luiseno Indians. “This is not in keeping with California’s longstanding policy of limited gaming, and we will vigorously oppose this measure.”

“The tribes are in no rush,” added lobbyist David Quintana, who represents tribal gaming groups such as the Viejas Band of Kumeyaay Indians near San Diego. “Our first priority with sports wagering is to ensure that brick-and-mortar casinos are protected,” he assured.

 

Source: focusgn.com

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Central Europe

AXES Network to supply products for Totalizator Sportowy

Niji Ng

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AXES Network to supply products for Totalizator Sportowy
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AXES Network, the Canadian company offering cloud technology in the field of information management, will supply its products, including 1200 gaming machines in 50 salons for Totalizator Sportowy to launch its new pilot package.

The products from AXES Network, including solutions and applications, are designed to improve security and integrity in the field of data collection and management. The company also offers tools that increase operational and organisational efficiency. The company provides support to the whole spectrum of betting and gambling businesses: government monopolists, casino network operators and slot game salons, manufacturers of gaming machines and AWP operators in over 20 countries.

The AXES platform offers native applications and solutions such as: jackpot system, loyalty system, reward generation but in particular non-cash and accounting operations necessary to improve network efficiency and customer profitability. The advantage of the AXES system is simple: you can connect to any type, number of machines at any time and location.

The AXES Information Management System (AIMS) is a cloud-based solution for managing all aspects of the game. AIMS performs analysis of players, can conduct marketing work, tracks all operations, ensures security and reporting to units with access and all other requirements regarding the performance of financial and accounting operations.

AXES Smart Card Cashless System is a chip-based transaction system that streamlines cash management in casinos and arcades, used in the Merkur Group machines currently in operation at Totalizator Sportowy in the newly opened slot game salons.

 

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Asia

Jiangsu Police cracks illegal online gambling racket

Niji Ng

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Jiangsu Police cracks illegal online gambling racket
Photo Credits: Reuters
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Police in Jiangsu, China, has cracked a sophisticated gambling racket who were providing illegal online gambling services. The racket is believed to have dealt with a massive CNY7.8 billion (approximately $1.1 billion in wagers over the course of last few years.

The probe into this racket was launched more than two years ago, after receiving a tip-off. So far, the police have arrested 56 persons.

With very few exceptions, gambling is illegal across China. However, operators of illegal gambling operations have been circumventing existing prohibitions for years, becoming more and more resourceful in their approaches to Chinese customers.

In the case of the Jiangsu illegal gambling ring, those involved were found to have operated a betting website the servers of which were based in the Philippines. Locating an illegal operation abroad is a traditional practice among operators of illegal betting and gaming websites.

As mentioned above, as many as 56 individuals were arrested on illegal gambling charges over the course of the investigation. According to police records, the gambling ring earned more than CNY650 million in profits.

The betting website was based in the Philippines and had more than 114,000 registered customers. Four prime suspects were identified through bank card information, Xinhua reported yesterday.

 

Source: casinonewsdaily.com

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