Regulations in New Zealand

[RevenueLab]

Hey there,
As the online gambling landscape continues to evolve, New Zealand is examining how to better regulate this growing market.
In light of recent developments, we wanted to share some insights from a recent article regarding the regulatory landscape of the online gambling market in New Zealand.

Understanding Regulatory Features and Responsibilities
In New Zealand, stringent controls are in place to manage local access to gambling while offshore sites remain accessible, posing challenges for player safety. Measures such as geo-blocking and self-exclusion are explored to limit unregulated site access and mitigate harm.

Key Laws and Regulatory Bodies
The Gambling Act 2003 serves as the cornerstone of gambling regulation in New Zealand, overseen by regulatory bodies like the Department of Internal Affairs and the New Zealand Gambling Commission. These entities enforce regulations and develop harm minimization strategies.

Exploring Licensing Systems
While New Zealand lacks a comprehensive online gambling licensing framework, efforts are underway to regulate the industry effectively, fostering a safe environment for players and benefiting local communities.

Future Steps and Public Engagement
The nation is proactively engaging in public consultations and hearings to gather feedback on online gambling, aiming to update existing laws, create a licensing system for operators, and enhance player protection measures.

Would you like to stay informed about the evolving landscape of online gambling in New Zealand and beyond? Access the full article and deepen your understanding of the regulatory dynamics shaping the industry.