Fresh Zealand’s Online Gambling Industry
New Zealand has one of many 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 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 also be prohibited in New Zealand. Fortunately, considering that the legislation has been passed, no operators have now been reprimanded.
There are only two operators which are allowed to supply 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 united kingdom and has received a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars over the course of the past five years and shows no signs of slowing down. In 2011, TabCorp’s online services brought in over $700 million in revenue. Following a remarkably 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 online gambling service, allowing customers to get their lottery tickets online. Players register to your website as they’d at every other online casino, and they could 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 decide lower limits if they wish. The New Zealand Lottery Commission also offers online bingo and keno.
Although you will find strict rules dictating which companies may and may not offer online casino services to players, it appears that New Zealand’s government might be considering 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 industry, the government seems ready to follow along with suit. Earlier in 2010, the Inquiry into Interactive and Online Gambling was launched. The review can result in an on the web gambling reform, which may start to see the legalization and regulation of offshore gambling in New Zealand and Australia.