For centuries, the people of New Zealand or Kiwis have gambled in one form or another, and online casinos are currently allowed on the islands. New Zealand’s gambling laws have, in the past, undergone periods of unfavorable metamorphosis, with strict regulations and outright bans. Today, however, many of the gaming options are legal while being regulated by the internal affairs department, including online casino gambling.
New Zealand’s Journey to Become an Online Gambling Hub
Since the early 1800s, Kiwis have involved themselves heartily in horse racing, and sports betting became a national sport with the invention of the Automatic Totalisator by New Zealand native George Julius in 1913. This automatic tote board machine enabled fans to see the current position of each horse during the race, and ever since, gamblers can see their windfalls coming or going.
With the prohibition period gone, New Zealand’s revenues from all manner of gaming ventures amount to over $NZ 2 billion annually, and online casino gambling makes up nearly 25% of this sum. From the 1920s until 1961, bookmaking or bet taking on horse races was not permitted unless these activities took place within the race track. Other casino gaming undertakings were stringently prohibited, until during the 80s when the Kiwi parliament approved lotteries.
The Advent of Online Casino Gaming For the Kiwis
Land-based casinos were legalized in 1994, and shortly afterward, the gambling act 2003 was enacted with the comprehensive categorization of regulations applicable to each form of betting games. These laws still prohibit some gaming-related activities, such as online or interactive gambling, when the provider is based in New Zealand. Players of all ages are therefore allowed to participate in online casino gaming from offshore operators, but the advertising for these platforms is prohibited within New Zealand.
A national regulatory framework was then established after the gambling act to chart the monitoring and complaint sorting within the online gaming niche, and this is today’s gambling commission. Amendments made to the New Zealand gambling act in 2004 changed the limitations for onshore online casino gaming to full prohibition, except for international operators.
Online Casino Gambling Safely and Legally in New Zealand
When looking to gamble online at a casino within New Zealand, a sure bet is that the provider is not based within the borders of the island nation. quality online casino operators specifically target the bet-loving kiwis, and you will find many that offer payment services for the NZ dollar as well as NZ dedicated landing pages where you can find welcome bonuses and free spins bonuses offered specifically for NZ players. Also, casino games and online pokies are offered according to the NZ market preferences. Many of the best online gaming providers tap into this no-local operator niche, and kiwis can trust the regulations of their countries of origin or license.
Standardization marks like eCOGRA certification on a website or game-specific applications offering online casino games signify having met stringent testing on security and payment reliability. Fair gaming procedures and cutting edge encryption are guarantees for certified operations that are regularly audited or inspected. The government of New Zealand, however, doesn’t have jurisdiction over offshore online casino gaming operators, and Kiwis can report unscrupulous dealings or disputes to the site’s licensing authority.
A Tax-Free Environment for Your Online Casino Wins
Playing online casino games in New Zealand comes with a big plus when your winnings are delivered since there’s no taxation on windfalls. Winnings will only be regarded as income and, therefore, taxable if you are a professional gambler, but all else online casino gameplay is regarded as a hobby. Depositing money with your preferred online casino provider is also fully legal as long as they’re an international operator and not based in New Zealand.
There are worry-free and safe environments that are conducive to your online casino gaming forays in New Zealand, which offer secure ways to deposit and withdraw winnings. Major operators providing online gaming to Kiwis are reputable, trustworthy, and respectable, utilizing encryption of the highest level for an end to end transactions. With solutions such as e-wallets and the acceptance of payment vouchers and coupons, New Zealand’s online casino providers guarantee an unforgettable gaming experience.