Regulations for NZ players and online casinos
When it comes to New Zealand regulations for online gambling, the NZ government has legislated this venue a long time ago. In 2003, the Gambling Act was passed on which states that it is legal for NZ residents to gamble online, if the online casino is located outside NZ jurisdiction. However in one section of the act it states that NZ residents are not allowed to participate in online gambling, if the operators’ website is located within NZ jurisdiction. This makes the entire question about whether NZ players are legally allowed to gamble in online casinos very clear, with a positive answer, since there are no online casino operators situated on NZ territory.
The NZ government has made some other additional questions about online gambling very clear as well. In compliance with the Gambling Act all NZ players are allowed to take part in online poker and sports betting, since these areas fall into the same category as online casinos. Furthermore NZ players should be aware that all winnings from online casinos are excluded from annual income tax reports.
How are NZ players protected?
The regulations imposed by the 2003 Gambling Act by the NZ government are very simple and precise. NZ players are allowed to gamble online in casino operators based outside NZ territory and basically operators are prohibited to set up operations on NZ soil. This is a clever and simple solution to resolve everything about online gambling with one move, freeing the NZ government of any liability from online gambling.
This may seem at first that NZ players are left on their own to the mercy of online casino operators, but you can rest assured that you will be protected if any problems occur while gambling online. As we mentioned before strict regulations have been imposed to online casino lately, forcing them to operate in a professional and safe manner.
The license regulator a certain casino holds is the best way to solve any problems that might occur between the casino and the player. They will review the case in question and make a non biased decision in favor of one side. The regulators take their responsibility very seriously to protect players from potentially rogue and unfair casino operators online. If the online casino operator in question is found to have deliberately damaged the player in any way possible, their operations may be suspended and their license revoked, with further potential legal acts taken.
Safe Online Gambling
There is one very simple reason why it doesn’t work in the casinos favor to misbehave in any way towards online players. Today there are a very big number of operators who offer instant withdrawals, problem free payments and top of the line services. If that number was a handful a few years ago, today it is measured in the hundreds. If a player has problems in one casino the complaints will be passed among the gambling community very fast thanks to sites like NZOnlineCasinos.co.nz. This will drive away depositing players from that casino and they won’t make any revenue to continue operating. The time of rogue casinos online is behind us and today the only profitable way to operate is by offering top of the line services, attracting a big number of depositing players online.