New Zealand has some very strict gambling laws, and operators are very keen on following them closely. The penalties are steep for anyone who violates these laws, so it is quite uncommon for there to be any legal breaches. However, the Infinity Foundation Gaming Trust has recently been accused of doing that very thing.
An audit conducted by New Zealand’s Department of Internal Affairs have revealed that Infinity has breached its own policies concerning the allocation of gambling funds to organizations across the country. According to the audit, the company funded organizations that would directly benefit The goal of the funding to help the New Zealand community rather than benefiting operators and Infinity’s activities has violated these terms.
The report found that $600 000 was allocated to trotting clubs across New Zealand. While this seems harmless, Internal Affairs discovered that there was an ulterior motive. The clubs had ties to various horse racing professionals, and Infinity funded them in order to ensuring continuing business with these individuals. The company has also been accused of having its funding influenced by local pub owners.
If the allegations are proven to be correct, Infinity could have its license revoked. The consequences for violating these laws are very serious, and Infinity seems to be in very big trouble.