Brand new Zealand’s Online Gambling Marketplace
New Zealand has one of many biggest gambling populations in the world. Despite being a small country with only 4.4 million inhabitants, New Zealand’s residents spend billions of dollars on gambling every year. Playing land-based casino games is very popular, but online gambling has increased in popularity within the years.
Currently, New Zealand’s gambling laws prohibit online gambling. Unlike many countries, the laws don’t punish players to take part in internet gambling activities; instead, online casino and online poker operators who provide their services to New Zealand residents are prosecuted for doing so. เว็บแทงบอลออนไลน์ The advertisement of online casinos and online gambling brands can be prohibited in New Zealand. Fortunately, because the legislation has been passed, no operators have already been reprimanded.
You can find only two operators that are allowed to offer their services to New Zealand residents: TabCorp and the New Zealand Lottery Commission. TabCorp is one of many biggest land-based gambling operators in the country and has received a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars within the span of the past five years and shows no signs of slowing down. In 2011, TabCorp’s online services earned over $700 million in revenue. Following an incredibly successful foray into the internet gaming world, the operator now has its eyes on the mobile gambling market.
The New Zealand Lottery Commission has just launched its own online gambling service, allowing customers to purchase their lottery tickets online. Players register to the website as they would at some other online casino, and they could fund their accounts utilizing the bank cards or bank accounts. There is a $150/week or $300/month spending limit at the NZLC’s website, and players can decide lower limits if they wish. The New Zealand Lottery Commission also offers online bingo and keno.
Although there are strict rules dictating which companies may and might not offer online casino services to players, it seems that New Zealand’s government may be considering the possibility of regulating offshore gambling websites. After witnessing the huge growth of offshore gambling websites and success that other countries experienced in regulating the market, the government seems ready to follow along with suit. Earlier this year, the Inquiry into Interactive and Online Gambling was launched. The review can lead to an on line gambling reform, which would start to see the legalization and regulation of offshore gambling in New Zealand and Australia.