The online gambling industry is growing at a rapid pace in New Zealand, with new government laws regulating the industry. A massive $381 million was poured over 18 months from New Zealanders into overseas casino websites and betting agencies.
The Government has also announced that it wants to review the 2003 Gambling Act to ensure it keeps up with technological changes. Although there are no online casinos based in New Zealand, kiwi players can still enjoy gambling online. To date, it is illegal for casinos to operate online in New Zealand, but as a player, you are free to gamble online. No such laws are prohibiting private citizens from betting online. Funds & Security There are many casinos out there that are willing to accept players from New Zealand. You must be able to trust the gambling regulations and laws of those countries. Since New Zealand is a relatively big market that has no local online casinos to visit, many operators based all over the world, accept New Zealanders in NZD. Before signing up to any new casino, look for clear certification from an independent testing agency such as eCOGRA, as well as licensing in the country the casino is based in. Once you have checked all the credentials, you will be able to make a smart decision. Additionally, if you are struggling to find any certification or find the terms and conditions of the bonus you are thinking of taking up a little questionable, consider it a red flag and keep on looking. In terms of safety, when it comes to your funds, the eCOGRA logo should give you peace of mind. This certification essentially signifies that the casino in question has undergone rigorous testing and has met all standards, in terms of sophisticated encryption and following fair gaming practices. Are there any licenced New Zealand online casinos? Since all current online gambling activities in New Zealand are covered by the Gambling Act of 2003, there is no possibility of gaining a local gambling licence in the country. From a legal standpoint, no one is able to set up an online casino operating straight from New Zealand to date. There are no laws preventing offshore operators from offering their services to Kiwi players, though. International casinos are within their rights to cater to players based in New Zealand. Can New Zealanders play at international casino sites? Although New Zealand’s gaming regulations might appear strict at first, they are only focused on shutting down any New Zealand-based operators that haven’t been licenced by the states. As long as you are of legal age, you are free to play at real money casinos based elsewhere. You can enjoy a range of games including online pokies, scratchies, keno and live dealer games. You can also avail yourself of the numerous casino bonus offers available out there. Can I legally deposit and withdraw money to online casinos? Yes. As long as you are of legal age, you can deposit and withdraw your funds as long as the casino is based overseas and not in New Zealand. The best real money casinos accept NZ Dollars. Do I pay taxes on winnings? No. The good news is that since the operators are based oversees, Kiwi players are free to keep 100% of their winnings which are not subject to any income tax whatsoever. Do international operators accept NZD? Yes. The best ones accept payment in NZ Dollars (https://casinoexperts.nz/nzd-casinos/). Although there are some casinos that accept Kiwi players but don’t accept money in NZD, it might be best looking into a casino that accepts funds in your own currency to avoid any unnecessary expenses such as conversion fees.
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