Online gambling sites are attracted to New Zealand. Online companies are eager to take advantage of the existing market for gambling enthusiasts in these two countries. New Zealand has seen internet gambling grow in popularity, but little is known about the market as it has not been fully regulated.
The Problem Gambling Foundation of New Zealand investigated the matter and published a fact sheet that illustrates the popularity of internet gambling in New Zealand. The report shows that between 8% and 10% of New Zealanders engage in online gambling. This includes online casino games and mobile gambling. This category also includes television gambling.
Although very little information about New Zealand’s online gambling industry is available, some studies have provided some insight. It seems that Maori people are more likely than others to gamble online. 17% of all online gamblers are from Maori descent. Another study shows that online gambling is also popular among young men of Asian descent.
According to the country’s online gambling laws, only government-regulated companies are allowed to provide internet gambling services. TAB Corp and New Zealand Lotteries Commission are the only operators that can do this. So while it is legal for residents to play online roulette, online slot machines, and other casino games offered internationally, they could be fined for providing their services to the country.
Although New Zealand appears to have strict guidelines regarding online gambling, things are changing. TAB Corp had been the sole company licensed to offer online gambling in New Zealand for years. However, the government recently granted the New Zealand Lotteries Commission permission to create its online gambling website. In addition, the new NZ Lotto allows players to buy tickets online and play online casino games. This is a significant step forward in the New Zealand gambling market.