Shazaib Khatri113New Zealand has one of 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 within 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, because the legislation has been passed, no operators have already been reprimanded.
There are only two operators which can be allowed to supply 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 kingdom and has received a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars within the length 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 really successful foray into the internet 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 your website as they would at every other online casino, and they are able to fund their accounts utilising 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 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 might not offer online casino services to players, it seems that New Zealand’s government may be looking at the possibility 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 check out suit. Earlier in 2010, the Inquiry into Interactive and Online Gambling was launched. The review can lead to an on line gambling reform, which will start to see the legalization and regulation of offshore gambling in New Zealand and Australia.