New Zealand - racing and sports betting expenditure 2018

Racing and sports betting expenditure in New Zealand had increased overall from fiscal year 2011 to reach 350 million New Zealand dollars in fiscal year 2018. The overall spend on gambling in the country reached around 2.4 billion New Zealand dollars in the same year.

Expenditure on racing and sports betting in New Zealand from financial years 2011 to 2018 (in in million New Zealand dollars)

Characteristic	Expenditure in million New Zealand dollars
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Release date

July 2019

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Region

New Zealand

Survey time period

financial years 2011 to 2018

Supplementary notes

Note: The values here represent the amount of money lost by gamblers and can also be interpreted as operator's profits from TAB racing and sports betting activities.

New Zealand's governmental financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.

One New Zealand dollar is equal to approximately 0.67 U.S. dollars and 0.59 euros (as of July 2019).

The release date was not specified; the date here represents the access date.

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