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About LinkBacksFor the first time, New Zealand will regulate online casinos, with a licensing framework expected to be implemented by 2026. The government has outlined a high-level approach to online casino regulation with the goals of minimizing harm, supporting tax collection, and providing consumer protections to New Zealand players.
According to Minister of Internal Affairs, Brooke van Velden, unlicensed operators will be prohibited from targeting players in the country under these new regulations.
From Gambling Insider:
Read more: https://www.gamblinginsider.com/news...asinos-by-2026“This is not intended to increase the amount of gambling New Zealanders do but to ensure operators meet requirements for consumer protection and harm minimisation, as well as paying tax,?Van Velden affirmed.
The number of licences available will be limited, and will be allocated by auction. Each licence will last for three years, with the condition of meeting regulatory requirements.
Licensed operators, under the regulation, can only offer online casino games, not sports betting or lottery products; will be allowed to advertise but under strict limits; and sponsorship still remains illegal for online casinos. The minimum age for online gambling will be 18-years-old.
“I expect the new regulatory system to be in place from early 2026 and the public will have the opportunity to provide feedback during the Select Committee process. Once established, the Department of Internal Affairs (DIA) will be the regulator,?Van Velden concluded.
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30 July 2024, 7:15 pm #1
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New Zealand unveils plans to regulate online casinos
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universal4 (30 July 2024)
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1 August 2024, 5:34 am #2
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I did not find any wording on the marketing aspect in the new regulations. Has there been any clarification on how online casino marketing will be handled in New Zealand? Specifically, will it be possible to advertise bonuses and promotions, like in the UK and Ireland, or will it be more restricted, similar to the regulations in Ontario and Australia?
Martin
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8 August 2024, 2:41 pm #3
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As always, my guess is that the measure is not so much about 'harm reduction' but rather to avoid economic losses and increase tax recaudation.
Originally Posted by The Buzz
There isn't much information yet, but to the best of my knowledge, you can do it as long as you are promoting licensed operators. I will come back and add more information if I find something else. Originally Posted by gmblr
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8 August 2024, 7:07 pm #4
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The local TAB has a monopoly on local advertising - yes all online sites specifically targeting NZ are actually currently illegal - but THAT should change with these licenses.
Paddy power are doing the operation for the TAB - and they advertise joining bonuses and "free bets" - so I imagine valid licensees will also be able to offer these.
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universal4 (8 August 2024)
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18 August 2024, 5:34 am #5
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This won't change anything with regard to the overseas operators. At least regulation will help local operators offer services to local clients, give the government some tax revenue and the customers some legal protections.
This should have happened a long time ago, and I applaud the baby steps they're making.
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