New Zealand has one of the largest gambling populations in the world. Despite being a small country with only 4.4 million residents, the New Zealand population spend billions of dollars to gamble every year. Playing land-based casino games is very popular, but online gambling has increased popularity for many years.
At present, the New Zealand gambling law prohibits online gambling. Unlike many countries, laws do not punish players to take part in internet gambling activities; Instead, online casinos and online poker operators who provide their services to New Zealand residents are sued for doing so. Online casino advertisements and online gambling brands are also prohibited in New Zealand. Fortunately, because the law has passed, no operator has been reprimanded.
There are only two operators who are allowed to offer their services to the residents of New Zealand: Tabcorp and the New Zealand Lottery Commission. Tabcorp is one of the largest land-based gambling operators in this country and has a monopoly in the PKV internet game market for years. The company’s online gambling site has received billions of dollars over the past five years and showed no signs of slowing. In 2011, Tabcorp’s online service brought more than $ 700 million income. After a very successful robbery into the online game world, the operator now pays attention to the cellular gambling market.
The New Zealand Lottery Commission has just launched its own online gambling service, allowing customers to buy lottery online tickets. Players apply to sites like other online casinos, and they can fund their accounts using a credit card or bank account. There is a spending limit of $ 150 / week or $ 300 / month on the NZLC website, and players can choose the lower limit if they want. The New Zealand Lottery commission also offers bingo and keno online.
Although there are strict rules dictating which companies are possible and may not offer online casino services to players, it seems that the government of New Zealand might look into the option to regulate offshore gambling sites. After witnessing the big growth of offshore gambling websites and the success of other countries in managing the market, the government seems ready to follow the suit. Earlier this year, an interactive and online gambling investigation was launched. This review can cause reform of online gambling, which will see legalization and offshore gambling regulations in New Zealand and Australia.