New Zealand Gambling Sites and Laws
The island nation of New Zealand sits about 900 miles east of Australia.
Due to being situated in such a remote area, it was one of the last areas to be settled by humans.
It has since become a developed country that boasts a high-income economy which ranks highly in education, health care, and quality of life.
Like many countries that enjoy a high standard of living, Kiwis enjoy gambling. The gambling industry has steadily evolved since the introduction of the Gambling Act in 2003.
Gambling in New Zealand is overseen by the Department of Internal Affairs.
The Lottery Commission controls the lottery while the Totalizer Agency Board (TAB) is the sports betting operation that is run by the New Zealand Racing Board.
The Gambling Commission issues licenses to casinos. With the exceptions of the Racing Board and Lottery Commission, New Zealand gambling laws prohibit online gambling companies from acquiring licenses here.
However, it is not illegal for residents to place bets with foreign online gaming sites. It is illegal for offshore gaming sites to advertise their services in this country.
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What are the Best Gambling Sites and Promotions for New Zealand?
Many of the world’s most highly rated online gaming sites cater to Kiwis and they offer some very nice ongoing bonus offers that are easy to take advantage of. The up to 100 €casino bonuses that Intertops, Betdaq and Lsbet are giving to Kiwi online casino buffs are quite popular 100 NZD package from Betclic.
Many Kiwis have cashed in on the $100 and even higher amounts in casino bonuses from Betway and SlotsMagic. Those looking for big bonuses have gotten their hands on 1,500 NZD can do that at Winner.
Kiwi online poker players can also get into the game with the bonuses of TonyBet and Bwin that up the ante by adding €500 to your chip stack while Betsson goes over the top by giving you up to €1,000 in poker bonuses. RedBet and RedKings go all in with their €2,500 bonus offer for Kiwi online poker players.
These awesome promotions and many more are found in the promotions section of Gamblingjudge.com. Make sure to read the casino reviews which are designed to help you choose the best online casino.
How Regulated is the New Zealand Gambling Market?
The New Zealand gambling market is well regulated. With the exception of online betting, all gaming establishments, lotteries, and sports betting are tightly controlled. New Zealand gambling laws focus on harm reduction, responsible play, and contributing to the community. International gambling companies are not licensed here and it is illegal for all but TAB and the New Zealand Racing Board to run online wagering businesses here.
Is Gambling Legal in New Zealand? What is the Legal Gambling Age?
Gambling is legal, licensed, and regulated here with the exception of online gaming. There are several casinos and bingo hall throughout the country as well as various forms of lottery.
While foreign online operators are prohibited from advertising in this nation, residents are legally allowed to place bets with these international offshore agencies. A person must be at least 20-years-old to enter a casino and 18 to participate in all other forms of gambling.
Does New Zealand Tax Gambling Winnings?
There are no taxes applied to gambling winnings in New Zealand mainly due to the fact that gambling is seen as recreational and not as a means of income. Of course, in the rare case of a person declaring themselves to be a professional gambler, income tax may apply.
What Currencies and Payment Methods do New Zealanders Generally Use?
The New Zealand dollar (NZD) is the official currency here and it is accepted throughout the country. Kiwis that are looking for ways to perform financial transactions with online gaming sites have a good selection of easy options. Make sure to check if they also accept the NZD currencies. You can start by having a look at our list of New Zealand Dollar bookmakers. Major credit cards are the most commonly used method with prepaid cards such as Mint are widely accepted.
EWallets like PaySafe, Click2Pay, Ukash, Neteller, and Skrill are also popular payment methods as are bank wire transfers. Be sure to check with your preferred online gaming site to find out which methods they accept.