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But you probably already know that such limits are more than enough. Nothing stops you from withdrawing larger winnings by splitting them into 2–5 iterations. “Evidence from overseas has seen operators pull out of markets to protect their profits when their operating costs are increased by tax and duty changes.” “Effectively, in Class 4, 100 percent all the profits have to be given away. Well, in this instance, none of it has to be given away,” he told RNZ. “So instead of the local ambulance service or coast guard or the local footy team getting some money, it’s going to offshore shareholders.” But she said that could change over time as the licenses weren’t forever.

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Van Velden also said tilting the playing field in favour of local operators could breach New Zealand’s free trade agreements. The documents show both Sky City casino and the TAB wrote to ministers, strongly opposing government moves to open up a large market with 15 operators. Make a payment and save someone’s bank account details as a ‘payee’.

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