What NZ Players Need to Know About Gambling
As the casino industry evolves, we will share in detail what NZ players need to know about gambling. As technological advancements take place over the years, there has been a significant shift, which includes casinos moving to the internet. Through technology, players can easily access casinos from the comfort of their homes at any time. According to statistics, casinos on the internet indicates an estimated expenditure of more than 11 billion dollars globally.
What NZ players need to know is that they can play their favourite games on any device, from desktop to tablet to smartphone. This form of entertainment was introduced in 1830’s. Then Kiwis could only place bets on horse racing. However, things have not always been perfect when it comes to gambling for Kiwi players. Gambling was not allowed back in the day.
What NZ Players Need to Know About Legal Gambling
Although gambling is legal in New Zealand, the advertising of gambling is not permitted within the borders of the country. Annually, the gambling expenditures in NZ measure up to $NZ 2 billion. Also, it is a bonus that there are a wide variety of casinos that players can choose from. With all these options, however, you need to be on the lookout for rouge and fake phony sites. It is important to know what to look out for.
In the 1920s, New Zealand banned bookmakers’ activities then later in the early 1960’s horse racing was banned. After a stringent prohibition, in the 1980’s the country approved the operations of casinos as well as lotteries. Shortly after, casinos were allowed to offer pokies. The Gambling Act 2003, all gambling that is not authorized by the government is prohibited. Additionally, you are permitted to gamble online as long as the platform is not based within the country. You must be 20 years or older to gamble in New Zealand. In order to take part in scratch cards, lotteries as well as sports betting you need to be 18 years or older. The government also forbids any bookmaking.
The Four Classes of Gambling
New Zealand classifies gambling in four classes. Of all the classes there needs to be a license for each. Additionally, the class will have a unique maximum turnover or prize amount. The Department of Internal Affairs is available to make sure that casinos follow strict regulations. This authority is mandated with the specifying conditions and approving licensing, licensing sites, compiling agreements between license holders and casino operators.
What NZ players need to know is that before they choose a site, they have to read the legal framework that the government put in place. Also, they need to be able to figure out the legitimacy of the preferred gambling site. Players also need to know that the site is permitted to operate in New Zealand. This will protect players especially for those who play for real money. This article is here to help you make a clear decision about the site of your choice.