New Zealand has among the biggest gambling populations in the world. Despite being truly 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 on 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. ufabet ทางเข้า The advertisement of online casinos and online gambling brands can also be prohibited in New Zealand. Fortunately, considering that the legislation has been passed, no operators have already been reprimanded.
You can find only two operators which can be allowed to offer their services to New Zealand residents: TabCorp and the New Zealand Lottery Commission. TabCorp is among the biggest land-based gambling operators in the united kingdom and has had a monopoly on the net gaming market for years. The company’s online gambling website has earned billions of dollars on the span of days gone by five years and shows no signs of slowing down. In 2011, TabCorp’s online services brought in over $700 million in revenue. Following an incredibly successful foray into the web gaming world, the operator now has its eyes on the mobile gambling market.
The New Zealand Lottery Commission has just launched a unique online gambling service, allowing customers to get their lottery tickets online. Players register to your website as they would at some other online casino, and they are able to fund their accounts utilizing the credit cards or bank accounts. There is a $150/week or $300/month spending limit at the NZLC’s website, and players can choose lower limits should they wish. The New Zealand Lottery Commission also offers online bingo and keno.
Although you can find strict rules dictating which companies may and may not offer online casino services to players, it would appear 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 have experienced in regulating industry, the federal government seems ready to follow along with suit. Earlier in 2010, the Inquiry into Interactive and Online Gambling was launched. The review may lead to an online gambling reform, which may see the legalization and regulation of offshore gambling in New Zealand and Australia.