30 June 2025

Entain plc

("Entain" or the "Group")

New Zealand Government establishes legislative net for racing and sports betting industry

Entain plc (LSE: ENT), the global sports betting and gaming group, is pleased to note that the New Zealand Government's amendments to the Racing Industry Act 2020 have received Royal Assent. Link

The amended Racing Industry Act includes the establishment a "legislative net" in New Zealand and extends the statutory body TAB New Zealand's (TAB NZ) existing exclusivity for land-based racing and sports betting to include online-provided gambling. 

Effective from 28 June 2025, the legislative net prevents unlicensed offshore operators offering wagering services to Kiwis. This will ensure funds staked wagering remain onshore to maintain and improve the long-term financial sustainability of the New Zealand racing and sports industry, as well as strengthening harm minimisation measures for players.

In June 2023, Entain Australia and TAB New Zealand entered a 25-year strategic partnership to provide New Zealand customers an enhanced onshore betting experience, including leading safer gambling tools.

In line with the partnership agreement Link, Entain will make an additional NZ$100m payment to TAB NZ upon the implementation of the legislative net across the New Zealand betting industry.

Sam Moncur, Entain Australia and New Zealand's Managing Director - New Zealand, said:

"Entain is proud to be building on TAB NZ's legacy of racing and sport in New Zealand and is privileged to provide an engaging betting experience to Kiwis. This legislative amendment further deepens our commitment to the industry. Alongside the ongoing efforts from government, members and sponsorship, we are honoured that Entain's financial support of sporting and racing codes through our strategic partnership, plays a role in strengthening communities and teams across New Zealand."

Enquiries:

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands: Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 30 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AAA rated by MSCI. For more information see the Group's website: www.entaingroup.com

LEI: 213800GNI3K45LQR8L28