Guavy AI Editorial TeamSentiment: -2Clout: 82

NZ Gambling Operators Face Legal Action Amid Monopoly on Online Betting

New Zealand has given TAB NZ a legal monopoly on online sports betting, but some offshore and crypto sportsbooks still accept customers from the country. This includes BetOnline, Bet365, and Stake.

Several major gambling operators are facing coordinated legal action in New Zealand's High Court in Auckland, with multiple proceedings targeting their online gaming activities. The claims are being pursued under various legislation, including the Gambling Act and the Financial Markets Conduct Act.

The 2026 Wimbledon Championships are expected to generate between $1.5 billion and $3 billion in total betting handle worldwide, making tennis a significant betting sport in New Zealand. The country's biggest wagering sports include horse racing, Rugby Union (All Blacks), and Rugby League (NRL).