DIA Website update: COVID-19 Information for the Gambling Sector
27 August 2021
Kia ora koutou,
The Gambling Regulator is committed to keeping everyone safe and stopping the spread of COVID-19. Operators and venues will need to make sensible and reasonable decisions about how they will meet any public health requirements and their health and safety duties at the current alert level.
Changes in the New Zealand’s COVID response alert levels will impact your operations. We have updated our website to provide a summary of expectations for meeting the Gambling Act 2003 requirements for each of the Government’s alert levels. Please see Alert Levels Summary. If you have any questions that are not covered by this summary, please contact firstname.lastname@example.org
You will also need to refer to the Government’s guiding legislation and the advice and guidance provided by agencies and the advice and guidance provided by agencies involved in public health and workplace safety: Ministry of Health and WorkSafe New Zealand
Amendments to Net Proceed Regulations in 2020 allowed societies to retain net proceeds up to a maximum working capital ratio of 1.5 to 1 (calculated as current assets divided by current liabilities). This was designed to assist corporate societies to remain financially viable.
Societies who have taken advantage of these provisions should now be better placed to withstand short-term shocks such as the current COVID restrictions, while continuing to make the required returns to the community.
If you have any specific questions, please email email@example.com
Deputy Director Operations, Gambling
Te Tari Taiwhenua is committed to the New Zealand Government’s approach to open data and the proactive release of data.