Cutting edge Zealand’s Online Gambling Markets

New Zealand has one of 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 over the years.

Currently, New Zealand’s gambling laws prohibit online gambling. Unlike many countries, the laws don’t punish players for taking 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 also be prohibited in New Zealand. Fortunately, considering that the legislation has been passed, no operators have 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 one of the biggest land-based gambling operators in the united states and has already established a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars over the length 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 online 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 buy their lottery tickets online. Players register to the website as they’d at some other online casino, and they can fund their accounts using the charge cards or bank accounts. There’s a $150/week or $300/month spending limit at the NZLC’s website, and players can decide lower limits should 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 option of regulating offshore gambling websites. After witnessing the huge growth of offshore gambling websites and success that other countries experienced in regulating the marketplace, the federal government seems ready to follow along with suit. Earlier this season, the Inquiry into Interactive and Online Gambling was launched. The review can result in an on the web gambling reform, which may begin to see the legalization and regulation of offshore gambling in New Zealand and Australia.

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