logo
#

Latest news with #AndreeFroude

Why the TAB now has a monopoly on sports betting in New Zealand
Why the TAB now has a monopoly on sports betting in New Zealand

The Spinoff

time01-07-2025

  • Business
  • The Spinoff

Why the TAB now has a monopoly on sports betting in New Zealand

Online gambling is big business, but new legislation means betting on horse racing and sports in New Zealand can now only be done through the TAB or Betcha. Here's what you need to know. Online, gambling seems to be everywhere. There are lots of influencers placing bets and making videos in partnership with gambling companies. Sports betting companies have been so successful that they've moved into other kinds of gambling. Young men have been particularly targeted by a new wave of gambling companies that have slick apps. New Zealand isn't immune to this. The state-approved gambling company, the TAB, launched Betcha over a year ago, a subsidiary branded with all lower-case letters, bright colours and a big advertising budget. In a globalised media environment, the rise of gambling apps overseas was mirrored here: social media influencers were paid to promote overseas casinos, a breach of New Zealand law. Because the internet doesn't have borders, New Zealanders would also have been seeing influencers based overseas talking about international betting companies, outside of New Zealand's jurisdiction. 'We're really concerned about the number of young men getting into sports betting – and the stories we're hearing are alarming,' says Andree Froude, director of public health and advocacy at the Problem Gambling Foundation. 'Students talking about bets at school, teens in uniform on the bus discussing which football team they're going to bet on, and more young people reaching out for help.' The foundation recently launched a campaign aimed at young men about the tactics used by betting companies. Local casinos and the TAB have long advocated for there to be better regulation of international gambling companies in New Zealand, making it harder for people to digitally access offshore casinos and sports betting. Now, they've got their wish: legislation passed last week makes it illegal for overseas gambling companies to take bets from within New Zealand. Here's what you need to know. Where can you place sports bets in New Zealand? Via the TAB and Betcha. Alternative companies like Bet365 are no longer allowed to accept money from people based in New Zealand. These sites haven't been blocked, but bettors need to have their address verified, so using a VPN or similar service isn't a straightforward way to get around the ban. Who was behind this legislation? Winston Peters, the minister for racing, but it passed with the support of all parties in parliament. In December 2024, Peters announced proposed law changes that would give TAB exclusive access to New Zealand's betting market, by updating the Racing Act. A press release sent after the legislation passed last week said the TAB provided 90% of the racing industry's revenue, making it a $19bn business that employed 13,500 people. 'With the rapid growth in online betting, we needed to make changes to protect TAB NZ's betting revenue to support the progress of the industry,' said Peters in the release. A monopoly also meant 'all sports and racing betting in New Zealand will now be in a fully regulated environment'. With just one operator, it would also be easier to monitor consumer obligations, Peters said. The TAB will report back to the ministry more and implement some harm prevention measures, including requirements for the design and layout of TAB venues, the ability to reduce the frequency of bets being placed and processes to limit access to online betting for people who have identified themselves as problem gamblers. What will happen to the TAB and existing gambling companies? The deal means that the TAB and Betcha will have a monopoly over New Zealand's sports betting market. This is clearly a good thing for them, although punters who prefer different apps or want to be able to bet on sports that are not on the TAB may be frustrated. The TAB is currently in a 'strategic partnership', aka 'extremely reliant on', Entain, a sports betting company run out of the UK which has holdings around the world. A 25-year deal that began in 2023 gives Entain exclusive access to betting in New Zealand through the TAB and a 50/50 share of gross profits, with a minimum of $150m each year for the first five years of the deal going to the TAB. Entain is publicly listed on the London Stock Exchange, meaning that the legislative changes in New Zealand have been reported overseas, as they could impact the share price. With the legislation approved, in addition to the annual profit share, Entain has promised to give the TAB a one-off $100m payout. Taking into account earlier payouts, this means that over the next five years, almost $1bn will be paid to the racing industry and sports codes. But the vast majority of this money goes to racing rather than other sports, and the redistribution deal is only for five years. After that time, Entain does not have a required amount it has to pay back into New Zealand sports coffers. In response to concerns that TAB's monopoly would mean inferior odds for New Zealand bettors, Entain said they would be the same as those used by Ladbrokes in Australia, which is an unregulated market, and therefore would be 'as fair and competitive as a customer would find in the highly competitive Australian market'. Does the TAB have safeguards in place for online betting? The TAB says it has adequate safeguards for people affected by problem gambling. The TAB app now includes the ability to set individual bet limits, block days of the week or particular sports codes, impose curfews and use a self-exclusion function. The Problem Gambling Foundation, which is funded by a levy from all gambling operators in New Zealand, also provides confidential advice and resources for people concerned about their gambling behaviour.

Played: How Sports Betting Is Targeting Our Young Men
Played: How Sports Betting Is Targeting Our Young Men

Scoop

time25-06-2025

  • Sport
  • Scoop

Played: How Sports Betting Is Targeting Our Young Men

Press Release – Problem Gambling Foundation By shining a light on these strategies, the campaign empowers young men to recognise the psychological tricks at playso they can make more informed choices and avoid getting caught in a cycle of harm. A new campaign is exposing the psychological tactics sports betting companies use to target young men—from app notifications and bonus bets to peer pressure and in-game micro bets. Today, PGF Services (the Problem Gambling Foundation) launches Are You Being Played? a campaign that highlights how gambling is becoming increasingly embedded in sport, with young men targeted and exposed to betting promotions more than ever before. Andree Froude, Director of Advocacy and Public Health at PGF Services, says they worked with creative agency 4:AM to develop a campaign designed to raise awareness of the risks of sports betting and spark conversations about the tactics used to hook bettors. 'We're really concerned about the number of young men getting into sports betting—and the stories we're hearing are alarming,' she says. 'Students talking about bets at school, teens in uniform on the bus discussing which football team they're going to bet on, and more young people reaching out for help. Through this campaign, we want to spark curiosity about the tactics sports betting companies use to keep people betting—and hopefully prevent harm before it starts.' The campaign unpacks ten key tactics—backed by research—that betting companies use to engage young men and keep them betting. These include sign-up bonuses, deposit matches and 'free' bets, which can create a false sense of reward and low risk. Other tactics include constant push notifications, in-game betting options, and celebrity or athlete endorsements designed to build trust and social appeal. By shining a light on these strategies, the campaign empowers young men to recognise the psychological tricks at play—so they can make more informed choices and avoid getting caught in a cycle of harm. Andree Froude says the national campaign will roll out on billboards, bus backs, selected radio stations, social media, and digital banners. 'You might spot Chuck and Betty—two fictional characters created for this campaign—online or on billboards around the country. We hope they'll get people talking,' she says. Visit for everything from hard facts to real talk—including videos of bros having a yarn about the pressures and pitfalls of sports betting. It's time to start the conversation—and ask: Are you being played?

Played: How Sports Betting Is Targeting Our Young Men
Played: How Sports Betting Is Targeting Our Young Men

Scoop

time25-06-2025

  • Sport
  • Scoop

Played: How Sports Betting Is Targeting Our Young Men

Press Release – Problem Gambling Foundation By shining a light on these strategies, the campaign empowers young men to recognise the psychological tricks at playso they can make more informed choices and avoid getting caught in a cycle of harm. A new campaign is exposing the psychological tactics sports betting companies use to target young men—from app notifications and bonus bets to peer pressure and in-game micro bets. Today, PGF Services (the Problem Gambling Foundation) launches Are You Being Played? a campaign that highlights how gambling is becoming increasingly embedded in sport, with young men targeted and exposed to betting promotions more than ever before. Andree Froude, Director of Advocacy and Public Health at PGF Services, says they worked with creative agency 4:AM to develop a campaign designed to raise awareness of the risks of sports betting and spark conversations about the tactics used to hook bettors. 'We're really concerned about the number of young men getting into sports betting—and the stories we're hearing are alarming,' she says. 'Students talking about bets at school, teens in uniform on the bus discussing which football team they're going to bet on, and more young people reaching out for help. Through this campaign, we want to spark curiosity about the tactics sports betting companies use to keep people betting—and hopefully prevent harm before it starts.' The campaign unpacks ten key tactics—backed by research—that betting companies use to engage young men and keep them betting. These include sign-up bonuses, deposit matches and 'free' bets, which can create a false sense of reward and low risk. Other tactics include constant push notifications, in-game betting options, and celebrity or athlete endorsements designed to build trust and social appeal. By shining a light on these strategies, the campaign empowers young men to recognise the psychological tricks at play—so they can make more informed choices and avoid getting caught in a cycle of harm. Andree Froude says the national campaign will roll out on billboards, bus backs, selected radio stations, social media, and digital banners. 'You might spot Chuck and Betty—two fictional characters created for this campaign—online or on billboards around the country. We hope they'll get people talking,' she says. Visit for everything from hard facts to real talk—including videos of bros having a yarn about the pressures and pitfalls of sports betting. It's time to start the conversation—and ask: Are you being played?

Played: How Sports Betting Is Targeting Our Young Men
Played: How Sports Betting Is Targeting Our Young Men

Scoop

time25-06-2025

  • Sport
  • Scoop

Played: How Sports Betting Is Targeting Our Young Men

A new campaign is exposing the psychological tactics sports betting companies use to target young men—from app notifications and bonus bets to peer pressure and in-game micro bets. Today, PGF Services (the Problem Gambling Foundation) launches Are You Being Played? a campaign that highlights how gambling is becoming increasingly embedded in sport, with young men targeted and exposed to betting promotions more than ever before. Andree Froude, Director of Advocacy and Public Health at PGF Services, says they worked with creative agency 4:AM to develop a campaign designed to raise awareness of the risks of sports betting and spark conversations about the tactics used to hook bettors. 'We're really concerned about the number of young men getting into sports betting—and the stories we're hearing are alarming,' she says. 'Students talking about bets at school, teens in uniform on the bus discussing which football team they're going to bet on, and more young people reaching out for help. Through this campaign, we want to spark curiosity about the tactics sports betting companies use to keep people betting—and hopefully prevent harm before it starts.' The campaign unpacks ten key tactics—backed by research—that betting companies use to engage young men and keep them betting. These include sign-up bonuses, deposit matches and 'free' bets, which can create a false sense of reward and low risk. Other tactics include constant push notifications, in-game betting options, and celebrity or athlete endorsements designed to build trust and social appeal. By shining a light on these strategies, the campaign empowers young men to recognise the psychological tricks at play—so they can make more informed choices and avoid getting caught in a cycle of harm. Andree Froude says the national campaign will roll out on billboards, bus backs, selected radio stations, social media, and digital banners. 'You might spot Chuck and Betty—two fictional characters created for this campaign—online or on billboards around the country. We hope they'll get people talking,' she says. Visit for everything from hard facts to real talk—including videos of bros having a yarn about the pressures and pitfalls of sports betting. It's time to start the conversation—and ask: Are you being played? The YouTube ads can be seen here –

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store