New Zealand aims to limit online casino gambling licences
Wednesday 13 de November 2024 / 12:00
⏱ 1 min read
(New Zealand).- New Zealand is proposing to limit the number of licences for online casino gambling operators and will require them to set up an age verification system as well as ban ads aimed at children.
Offenders will be fined up to NZ$US5 million ($A7.7 million), with the new regulatory system expected to be in place from early 2026, Internal Affairs Minister Brooke van Velden said on Wednesday.
"My goal is not to increase the amount of gambling that is happening online, but to enable New Zealanders who wish to play casino games online to do so more safely than they can today," Van Velden said in a statement.
"Currently, New Zealanders can and do gamble on thousands of offshore gambling websites. By introducing a regulatory system my intention is to channel customers towards up to fifteen licensed operators."
The government in July said it would set up licences for online casinos, require operators to limit their offerings to online casino games, not sports betting or lottery products, and impose a minimum age of 18 for players.
Online casino gambling is not regulated in New Zealand and so consumer protection requirements do not apply.
With the convenience and accessibility of online platforms and due to the increasing popularity of smartphones, more customers in New Zealand are opting to gamble online, according to research firm Statista.
Revenue from such platforms could see an annual growth of around six per cent between 2024 and 2029, it said.
Further regulations will be developed based on the existing gambling law that would help finalise rules on advertising and consumer protection requirements, Van Velden said.
The government aims to introduce the bill in parliament next year.
Categoría:Legislation
Tags: Sin tags
País: New Zealand
Región: Oceania
Event
SBC Summit Rio 2026
03 de March 2026
Pay4Fun Showcases Payment Innovation and Regulatory Leadership at SBC Summit Rio
(Rio de Janeiro, SoloAzar Exclusive).- Leonardo Baptista, CEO and co-founder of Pay4Fun, showcased the firm’s role as Brazil’s first authorized payment institution for the regulated betting and gaming market during SBC Summit Rio. Highlighting compliance, sector expertise, and efficiency, the company positioned itself as a trusted partner for operators adapting to Brazil’s new regulatory framework.
Friday 20 Mar 2026 / 12:00
Eeze LatAm's Maximiliano Ramos after SBC Summit Rio: "Brazil is the industry's spotlight today"
(Rio de Janeiro, SoloAzar Exclusive).- In this interview, Maximiliano Ramos, Eeze's Partnership Manager LATAM , analyzes the value of SBC Summit Rio as a key meeting point for the industry, the growth of the Brazilian regulated market and the opportunities opened up by artificial intelligence, strategic networking and innovation in user experience for gaming in the region.
Thursday 19 Mar 2026 / 12:00
Digital infrastructure strengthens trust in Brazil’s regulated betting market
(Rio de Janeiro).- The development of a robust technological infrastructure was highlighted as one of the key pillars for the functioning of Brazil’s regulated betting market during the panel “Building the Digital Infrastructure in Brazil’s Regulated Market,” held at the SBC Summit Rio event. The debate brought together representatives from the government, operators, and technology companies to discuss data monitoring, digital security, and consumer protection.
Friday 06 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.