Business · Companies · 6 hrs ago

New Zealand names 11 groups eligible to apply for online casino licences

New Zealand names 11 groups eligible to apply for online casino licences

New Zealand selected 11 entities to apply for online casino licences after an auction drew 32 bidders.

The Department of Internal Affairs set the price at NZ$15 million per licence, with 15 licences available.

Being selected does not guarantee a licence; each entity must now meet the country’s requirements through a detailed assessment.

SkyCity Entertainment secured the right to apply for two licences, while other selected entities include Baytree Interactive, Stake New Zealand and TAB New Zealand.

The brands that will operate under licences have not been disclosed.

Licences are expected from early 2027, and online casino operators active in New Zealand that were not selected must leave the market by the end of next month.

Forsyth Barr analysts say SkyCity’s online venture may be more strategic than financially significant, as it could help protect the company if customers shift away from its physical casinos.

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What people are saying

Department of Internal AffairsGovernment department
Successful participation in the auction does not guarantee that a licence will be granted, and all successful entities must now proceed through a detailed application and assessment process before any licensing decisions are made.
via Gaming Intelligence
Jason WalbridgeSkyCity chief executive
We are excited to have been successful in the auction to apply for two licences and to be taking the next step towards entering the online casino gambling market in New Zealand.
via Gaming Intelligence