120 Racing betting and sports betting in casinos

(1)

Racing betting or sports betting in a casino that is conducted by the New Zealand Racing Board and that is authorised by, and complies with, the Racing Act 2003 must not be treated as casino gambling and, accordingly, is not subject to this subpart.

(2)

A casino licence holder must notify the Secretary within 10 working days after the licence holder enters into an agreement with the New Zealand Racing Board that allows the New Zealand Racing Board to conduct racing betting or sports betting in a casino.