This paper analyses the direct and subsequent flow-on expenditure resulting from the weeklong National Masters Hockey Tournament held in Hamilton, New Zealand in March 2009. During the tournament, information was collected on the expenditure from a sample of participating players and officials and from the host association, Waikato Hockey. The information was averaged over all participants and used in a regional economic model. The economic impact of the 2009 tournament was also compared to the outcome for the Hamilton tournament held previously in 2003. Total direct expenditure in the Waikato region from the 2009 tournament was approximately $2.5 million compared to $1.2 million in 2003. The 2009 expenditure led subsequently to an extra $1.13 million of value-added to the regional economy mainly in the hospitality and accommodation sectors.