Entain invests 100 million NZD to strengthen partnership with Tab NZ, new law boosts its online gambling monopoly position.

Global gambling giant Entain will pay up to 100 million New Zealand dollars (approximately 60.6 million US dollars) to Tab NZ to fulfill its long-term strategic cooperation agreement signed in 2023. This payment coincides with the official approval of the amendment to the "2003 Racing Industry Act",