Guide to Regulations in Online Gambling in New Zealand

Yes. It might be surprising to learn that gambling is legal in New Zealand. The 2003 Gambling Act ensures there is no ambiguity in the gambling law. According to the act, gambling in New Zealand is legal, and there’s no penalty for it. The New Zealand Lottery Commission and the New Zealand Racing Board are in charge of the gambling industry, sportsbooks, and online lotteries.

However, it is not permissible to offer online gambling services within the border of New Zealand. But this doesn’t mean that Kiwi players cannot play their favourite casino games. There is no law prohibiting players from wagering at an offshore casino.

Notably, players should be careful when choosing an offshore casino. Players should ensure the site has a license from top regulatory bodies, such as the UK Gambling Commission, Malta Gaming Authority, Curacao eGaming and Gibraltar Betting and Gaming Association.

For Kiwi players looking forward to gambling at a New Zealand casino, it is important to note that the legal age for casino NZ is 20. However, NZ players over 18 are allowed to participate in other games like Keno, lotteries, and the rest of the Class I games.

The New Zealand Lottery Commission is the only licensed provider of online gambling services. In addition to that, TAB is allowed to offer horse race betting through its official website. However, Kiwi players can access offshore casino sites. One of the most popular games available at offshore sites is online pokies, also known as slots. Further, players can enjoy different variations of table games, including poker, roulette, baccarat, and blackjack.

State-owned firms are in charge of most gambling activities in New Zealand, and a certain amount of the revenue is expected to benefit the community. It helps to contribute to health and wellness and social development. While the country can benefit from the lucrative industry, it also comes with implications.

Players can lose their money, and gambling can be addictive. Therefore, players should wager responsibly to prevent this adverse effect, which is why the government tries to encourage responsible gaming. Other negative consequences of the gambling sector include bankruptcy, marital conflict, and various crimes.

According to the Income Tax Act 5, players from New Zealand are not subjected to taxes. This means professional or casual gamblers can withdraw their total winnings. However, this is not the case for operators as they pay venue payments, gambling taxes, and license fees.