New Zealand authorities have declared that prediction market platforms Polymarket and Kalshi are operating illegally under the country’s gambling laws. The Department of Internal Affairs (DIA), which oversees gambling regulation, has determined that these services fall within the legal definition of gambling because they allow users to place money on the outcome of real-world events. Since neither company holds approval to offer wagering services in New Zealand, their operations are considered unauthorised. Under current New Zealand legislation, TAB New Zealand remains the only provider legally permitted to offer online sports…
Day: 26 February 2026
Catalogue Online for Highview Unreserved Deplenishing Sale
The catalogue for Highview’s Unreserved Deplenishing Sale, set to take place on Sunday 15 March, is now available to view online. Consisting of 43 lots, NZB will conduct the auction on-farm which will offer yearlings, two-year-olds, unraced stock, broodmares, and mares with a foal at foot. Yearlings by sires Armory, Divine Phophet, Embellish, Xtravagant, Hello Youmzain, Santos, Sweynesse, Wrote and more will be up for sale, while two-year-olds and unraced stock by Shocking, Sword of State to name a few will further enhance the catalogue. Appealing to breeders and investors,…