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New Zealand Online Gambling Regulations

New Zealand Online Gambling Regulations
New Zealand Online Gambling Regulations
Online gambling makes headaches not just for legislators, but for players as well. Almost every country has a collection of acts that regulate gambling, but many things are still confusing. New Zealand is no exception, so besides that the government works really hard to improve things, many players are still confused about the dos and don’ts of playing at online casinos.

So, before we start with further explanation, let’s give a straight answer. Yes, online gambling is allowed in New Zealand. New Zealand is in, what many like to call, the grey zone. This means some aspects of online betting are regulated, while others are not.

This leaves a lot of room for different interpretations, but a good thing to know is that New Zealand has always been pretty affirmative when it comes to gambling. For example, horse betting has been legalized way back in 1920, so may presume that things have been going in a good direction through all these years.

The government has regulated the whole field with the Gambling Act. According to it, online gambling is completely legal. Of course, we are looking from the player’s perspective. On the other side, it’s not allowed to open an online casino house in this country. Therefore, you are allowed to gamble online, as long as you’re on websites that aren’t located in New Zealand. Therefore, make sure to check the location of a certain website before you make a deposit. At this point, we have no information about any house that operates in this county, so there’s no need to worry at the moment.

This way of regulation has both good and bad sides. From the player’s standpoint, a good thing to know is that, according to the Gambling Act, these kinds of wins are excluded from annual income tax reports. So, your complete income from online gambling is tax-free.

On the other side, many players will probably feel a little bit worried, due to the fact that all casino websites are located outside New Zealand. As abroad houses, it seems logical that they are not covered with the Gambling Act.

In practice, this means that authorities can’t interface if some problem occurs. New Zealand solved this issue in the way many other countries did. If a certain online casino wants to get to the ability to accept players from New Zealand, a license is required. This means that a regulatory body has been established and it is called The Gambling Commission.

The Gambling Commission Is Responsible For The Following Things:

 Handles all licensing for casinos, including new licenses and renewals.
 Reviews agreements between casino operators and the casino license holders, including any changes in agreements.
 Handles all complaints regarding the way the Department of Internal Affairs handles complaints related to Class 4 gambling.
 Specifies as well as revokes conditions for casino licenses.
 Advises Ministers on the current situation regarding problem gambling.
 Receives and makes decisions on appeals to the Department of Internal Affairs' regulatory and licensing decisions.

Simply said, this regulatory body is responsible for all kinds of issues, including disputes between two sides. So, if you’re damaged by an online casino in any way, this body will take certain actions. Suspensions and revoked licenses are some of the first things that come to mind, but the body can take some legal actions as well. In any case, the Gambling Commission has some kind of newsletter, which will inform the gambling community if there are any issues with a certain online casino website. This the thing that keeps players in peace, as it allows players to stay away from problematic operators. On the other side, this is the best way to induce online casinos to operate in the most professional way and provide the best possible gambling experience.

All this works very well in practice and the final conclusion would be that online gambling is regulated pretty well in New Zealand. Also, the number of operators that accept players from New Zealand is pretty big and most of them are highly reputable.

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