In a recent disclosure, the Inland Revenue Department (IRD) of New Zealand has shared its projected figures on the government's plan to boost revenue from online gambling. These projections, however, fall notably short of the anticipations set out by the National Party ahead of the election.
This revelation highlights a significant discrepancy between the previous government expectation and the recent estimates presented by the IRD. The National Party's pre-electoral calculation was considering a substantial gain while the latest projection from the Inland Revenue Department presents a more tempered outlook.
The deviation is seen as an indication of the challenges the current government could face in its quest to enhance revenue from online gambling. As projected by the IRD, achieving the aforementioned level of revenue increase appears more complex and challenging than previously expected.
Further data and specifics on the matter by the Inland Revenue Department are yet to be revealed. The department's projected figures, however, have prompted the need for a reassessment of the government's upcoming strategies for revenue generation through online gambling.
