Cutting edge Zealand’s Online Gambling Markets
New Zealand has among the 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 particularly 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. เว็บแทงบอลออนไลน์ The advertisement of online casinos and online gambling brands can be prohibited in New Zealand. Fortunately, considering that the legislation has been passed, no operators have been reprimanded.
There are 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 states and has had a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars on the length of days gone by five years and shows no signs of slowing down. In 2011, TabCorp’s online services earned over $700 million in revenue. Following a really 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 purchase their lottery tickets online. Players register to the website as they would at every other online casino, and they are able to fund their accounts utilising the bank 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 when they wish. The New Zealand Lottery Commission also offers online bingo and keno.
Although there are strict rules dictating which companies may and may not offer online casino services to players, it seems that New Zealand’s government may be looking into the option of regulating offshore gambling websites. After witnessing the huge growth of offshore gambling websites and success that other countries have experienced in regulating the marketplace, the 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 line gambling reform, which will see the legalization and regulation of offshore gambling in New Zealand and Australia.