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25 January 2017

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In this edition of Gambits we let you know that:

  • a list of approved games has been published on our website
  • there are changes to sign-off required for proposed gambling operation information
  • gaming machine spending increased for the fourth quarter of this year.

Published list of approved games

Following requests from the sector we have recently published two lists of approved games, one for Class 4 and another for Casino operators.

View the lists of approved games  

These lists include games that are currently licensed and operating in New Zealand, as well as games that have been approved as meeting the relevant equipment standards but are not yet attached to any current licence.

We will keep these updated on a regular basis.

Changes to sign-off required for proposed gambling operation information

The Department has recently been working with the Chartered Accountants Australia and New Zealand (CA ANZ) to bring our templates in line with recently updated Accounting Standards Framework.

We can confirm that the Gambling Act requires financial statements to be prepared in accordance with generally accepted accounting practices (GAAP). A template has been prepared for not-for-profit entities which qualify for Tier 3 reporting under the new framework.

In addition, we have made changes to the sign off previously required on the proposed gambling operation information.  The Department now requires an Independent Chartered Accountant (CA) with a Certificate of Public Practice (CPP) to undertake a set of procedures to verify the financial information provided in Part C of the Gaming Machine Account Summary. This will need to be carried out in accordance with APS-1 Statement of Agreed-upon Procedures Engagement Standard and Guidelines of the New Zealand Institute of Chartered Accountants.

View the agreed-upon procedures

The agreed-upon procedures engagement needs to be completed on the forecast information provided in the Gaming Machine Account Summary form, for both the GC6 and GC7.

View an example of the report and the APS-1 Statement of Agreed-upon Procedures Engagement Standards

If you require any assistance in meeting any of the above requirements, please e-mail the Gambling Compliance group at Gambling.Compliance@dia.govt.nz

Pokie takings continuing to increase

Yesterday we issued a media release on Class 4 gaming machine expenditure for the fourth quarter of this year.

Read the media release

Our figures show that gaming machine spending has risen again, with an increase of $9.2 million or 4.3 per cent more than for the same period last year. This is despite a continuing decline in the number of gaming machines.