Online Gambling in New Zealand
All the online gambling activities in New Zealand are regulated with the Gambling Act 2003. With this act, local New Zealand gambling sites are prohibited, except for authorized providers such as Lotto NZ and TAB. However, online gambling for NZ players is allowed on foreign websites.
The Gambling Act has many rules and regulations on how online casinos are allowed to operate. It also tasks various agencies with different responsibilities when it comes to online betting. In this review, we would like to explain the basics of what the Act covers, as well as answer some common questions you might have.
Types of NZ Online Gambling
Most online casinos offer hundreds or even thousands of different titles and these often have unique themes and features. The wide variety of games may seem overwhelming to newer players. Luckily, the games that gambling clubs host can be categorised into a few different categories. Each of these groups shares the same basics and are similar to each other. Here is a list of the most common types of games that punters play on the Internet today:
NZ Gambling Regulatory Bodies
There are several different agencies that deal with various aspects of the legislation of gambling in New Zealand. Some create the law surrounding gambling, while others regulate specific types of gambling and their licences. Others may provide gambling services and fund them as well. Here we want to list the different bodies that deal with gambling and explain what role they play in regulating betting and online gaming:
NZ Online Gambling: FAQs
Who can gamble online in New Zealand?
Kiwis that have reached a certain age are allowed to gamble online, and this age depends on the type of gambling. For sports betting and the lotto, the legal gambling age is 18. However, for gambling in a casino the individual has to be at least 20 years old.
Do Kiwis have to pay taxes on their online gambling winnings?
No, New Zealanders are not required to pay any taxes for their earnings from online gambling. According to the Income Tax Act, these winnings are exempt from paying any taxes, so the punter gets to keep everything they win in online casinos.
What licensing jurisdictions are the most reliable for remote gambling?
The most trustworthy regulators for online casinos are the Malta Gaming Authority and the UK Gambling Commission. These two licensing operators create the industry standard when it comes to remote betting. Therefore, gamers can trust the betting sites that are certified by the MGA or the UKGC.