Gambling spending is down in New Zealand
Spending was up on TAB betting, but down on Lotteries Commission products, non-casino gaming machines and casino gambling, said the department's gambling policy manager, John Markland.
TAB racing and sports betting rose 3.4 % to us$ 278 million, while non-casino gaming machines fell 4.5 % but still accounted for the biggest gambling spend at us$ 849 million. Spending on Lotteries Commission products fell 14.2 % to us$ 347 million but was still the second-highest for that segment, and gambling at casinos fell 5.8 % to us$ 438 million.
The figures related to the year ended June 30, 2010, except for TAB betting which was for the year to July 31. The increase in TAB betting was largely due to sports betting, including the FIFA World Cup in South Africa.
The reduction in spending on the pokies was likely to have been the result of difficult economic conditions, Markland said. The four main forms of gambling raised around a total of us$ 600 million for a variety of community and sporting purposes during the year.
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