Amendment to law will stop New Zealanders using Betfair

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PeterS
Posts: 5
Joined: Mon Nov 10, 2014 6:42 am

Email from Betfair yesterday:

We are writing to let you know that, due to a new prohibition that was recently inserted into the Racing Industry Act 2020 (NZ) (Legislative Amendment), Betfair will soon be making a change to its market offering to New Zealand customers.

We advise that, from 23 July 2025, Betfair will no longer be offering racing and sporting markets to our customers residing in New Zealand (Upcoming Change).

We note that:
non-racing and non-sports markets (including political markets and other speciality markets) will not be impacted and will continue to be offered to New Zealand customers;
your account will remain active, and any available balance is fully accessible for withdrawal at your convenience; and
if you currently hold positions in long-term racing or sports betting markets, you may continue to trade those positions until 11:59 PM NZST on 22 July 2025. Please note that after 22 July 2025, you will no longer be able to place bets, view markets or manage positions on any racing or sports markets.
We apologise for any inconvenience caused by the Upcoming Change and the poorer user experience. Unfortunately, Betfair has to make the Upcoming Change to comply with the Legislative Amendment.
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