new zealand gambling laws - New Zealand Gambling Laws

New Zealand Gambling Laws

Online Gambling

Gambling has been in New Zealand for hundreds of years and has had different strict regulations that have been applied over the years. One of the New Zealand residents known as George Julius had made a large impact on sports and gambling and where it has remained on the island since. Julius is known for inventing the “automatic totalisator”, a tote board that is used in the infield part of the race tracks that allows the viewers to see where the horses are during the race.

Laws for Modern-Day Gambling

All gambling is prohibited in New Zealand unless it is authorized by the New Zealand government, this law is under the Gambling Act of 2003. Gambling is separated into four different classes and each class is required to have a special license from the government so that they can operate. The maximum prize amount the turnover rate depends on each class and a player should at least be 20 years old to enter casinos and 18 years old to do sports betting, scratch cards, and lotteries.

  • Class 1: Gambling in Class 1 cannot have a prize or a turnover amount that is more than $500. Any of the proceedings that are conducted by an individual, has to be applied to the winners. Only Class 1 gambling is allowed to be conducted by an individual.
  • Class 2: Class 2 gambling is when the prizes can only have a total of between %500 to $5,000. The amount of turnover has to ve more than $500 but it can not be more than $25,000. Class 2 does not have to have a license but it must be conducted by societies that have been defined by the Gambling Act.
  • Class 3 and 4: Class 3 gambling has to have prizes that exceed the amount of $5,000 and Class 4 is when there is gambling that uses gaming machines. Both Class 3 and Class 4 does not require the casino to have a license.

Online Gambling In New Zealand

New Zealanders or Kiwis doesn’t have to be afraid of any repercussions from the government as long as the online casino is not within the borders of New Zealand. If someone does want to gamble with New Zealand operators then they are only limited to certain games like slots, lottery games, sports/race betting, and gambling at the brick-and-mortar casinos. Although New Zealand has strict regulations on gambling the government only is concerned with shutting down any New Zealand operators that aren’t licensed. The government has clearly stated that as long as the New Zealander is of age and the online casino is from somewhere else, then they can play with no consequences. This means that you can play all of your favourite casino games like craps, poker, blackjack, keno, roulette, slots, and video poker. It is also legal for you to deposit and withdraw any real money that you win from an international casino as long as the operator isn’t in New Zealand. Many online casinos accept New Zealand Dollars or NZD. Many currencies allow the players to deposit and withdraw New Zealand Dollars and play in the currency as well. If the casino allows for the player to use NZD then, this means that there is no exchanging currency which normally has other fees with it.

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Is Online Gambling Safe For New Zealanders?

Since there are no online New Zealand casinos, this means that you have to take a risk and make sure that you trust the laws and gambling regulations in other countries. However, this just means that a lot of international countries want to lure in New Zealanders by accepting New Zealand Dollars. You should make sure that the casino has a certification from a high-regarded agency and that they have the proper licensing in that specific country that the casino operations are based on. When you are shopping for a good online casino, you should always look for an eCOGRA logo that should be at the bottom of the home page. This shows that the casino has met the security standards, has complex encryption, and has fair gaming procedures. This should make any New Zealander feel that they can entrust their money to.

Can A New Zealander Report Unfair Activity?

Although the New Zealand government can’t take any action against an international or overseas-based casino. If you feel that the casino has any unfair activity then, you can report it to eCOGRA which handles any dispute with operators that they have certified under them.

Although the gambling laws in New Zealand are quite strict anyone that is caught can be in serious trouble. A New Zealander can play on an online casino without any consequences as long as the player is of age. The player should make sure that they are playing on a reputable casino site. and that they accept NZD.