New Zealand Online Gambling Laws: A Detailed Overview | 2022 | The Guardian Nigeria News

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Online gambling has become a lucrative market over the years. Improved internet penetration rates mean that today even people living in the most remote areas of the world can access gambling facilities without physically leaving their homes. Also, we are no longer limited to using casinos located in our region or country.

These days, you’ll find casino operators from all over the world vying for business, regardless of where they’re based. National borders are now less of a barrier when it comes to accessing the best gambling portals in the industry. That said, however, while these providers may seem somewhat similar at first glance, the regulations and laws governing these operators differ quite markedly.

With so many companies looking to take advantage of the opportunities in this emerging industry, it is important for players to have some knowledge of the online gambling laws in their country. If you are based in New Zealand, this article is for you. We’ll break down New Zealand’s position on online gambling laws so you know where you stand the next time you get started.

The basics

Let’s start with the obvious. The Gambling Act 2003 governs casinos and gambling activities in New Zealand. Whether you want to buy a lottery ticket, participate in sports betting or spend a day at horse racing, you must be 18 years old. However, to join a land-based casino in New Zealand, you must be at least 20 years old.

It should be noted that as a gambling activity that falls outside the authority of the Gambling Act 2003, online casinos are, in fact, illegal in New Zealand. So much so that some New Zealanders are barred from using domestic online gaming operators other than the Lottery and TAB.

However, Kiwis can gamble at gambling sites, online casinos and sportsbooks offered by companies based in other countries without risking breaching local regulations.

With regard to online gambling and gambling in general, it should be noted that the motivation for gambling regulation in New Zealand is to penalize businesses that engage in such activities. rather than the players themselves. As a result, you will find that the laws are not really restrictive for bettors.

Legal Online Gambling Options in New Zealand

Technically speaking, only two companies, the New Zealand Lottery Commission and TAB, are licensed to offer online gambling services to New Zealand-based customers. Beyond that, New Zealand online gambling laws prohibit the use of local gambling platforms. Basically, if the casino only exists online, it cannot provide online casino games, sports betting or slot machines.

However, all is not lost for Kiwis eager to get their gaming fix, as New Zealand citizens are still allowed access to offshore casinos. While New Zealand actually welcomes offshore gambling, there are strict rules on advertising these services, under which those who do risk massive fines of up to $10,000 per violation.

This does not prevent a New Zealand citizen from finding a suitable offshore casino on their own. You just need to know where to look. The fact is, there are so many online casinos to choose from, it’s almost mind-boggling where to start your search! But you’d be happy to know that NZCasinoClub.com has some of the best slots around, all from the best operators in the business. And, more importantly, those that are licensed and regulated.

The motivation behind this approach

The reason that only two public institutions monopolize most of New Zealand’s gambling industry is that these organizations are easy to control and as such should return a portion of their revenue to the country.

From community engagement and social development to health and wellness initiatives, gaming institutions in New Zealand make a tangible contribution to local communities in many ways. One of the most effective ways to give back to society is to find measures to prevent and control the implications of problem gambling by investing a portion of their income in programs designed to educate the community on the subject.

Responsible gambling in New Zealand

It is evident that in the national sphere, New Zealand authorities recognize that gambling is a fun pastime with lucrative potential for revenue generation. However, by imposing certain restrictions on who can offer these services, the government has found common ground through which it is able to monitor the activity of these entities and ensure that they return a portion of their profits. into the economy so that it can benefit local people.

Additionally, gambling is recognized as having inherent risks, and problem gambling is most certainly an issue that needs to be addressed. Additionally, gaming organizations should be incorporated as part of the solution.

When it comes to protecting Kiwi players playing in offshore casinos, things get a bit more complex as these portals do not fall under New Zealand jurisdiction. That said, all legitimate online casinos must follow the guidelines set by their home country’s licensing authority. Part of this means making sure that certain safeguards are in place to protect players.

From ensuring that data is encrypted in a way that protects consumers’ private financial data and personal information is not leaked, to being able to block a profile to ensure that in-game harm is prevented. Then there’s also the issue of licensing, where gambling portals would be required to meet a series of strict standards.

The final world

Legislating in the wild and complex world of online gambling is no easy feat. Governments around the world want to see the potential of the industry’s revenue-generating capacity, but allowing operators to conduct business without strict guidelines is hugely problematic.

Ultimately, the implications of problem gambling extend beyond the individual gambler to their family, the local community and the country as a whole. For this reason, it is understandable that the New Zealand government has found it necessary to regulate the national gambling market.

The fact that New Zealanders can continue to gamble on offshore platforms also presents some problems, as the government has less power when it comes to protecting their citizens. Therefore, bettors should also assume their responsibilities and seek to only engage with gambling portals that have the appropriate license and offer the right guarantees.

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