Monkeysrunfree Uncategorized Legality of Online Gambling in New Zealand

Legality of Online Gambling in New Zealand

Gambling is a hugely popular past time in New Zealand. It’s estimated that over $2 billion each year is spent on the activity and over 40% of adults bet on a semi-regular basis. Interestingly gambling was not really commercialised in New Zealand until the 1990s, but since then the industry has grown to such an extent that it’s had to be heavily regulated, with caps being put on the number of casinos and betting venues allowed in the country.

7 Popular Myths Related to Online Casino Explained

Online gambling has not escaped the regulatory powers that be in New Zealand, in fact, the government department of Internal       꽁머니 즉시지         Affairs brought out the Gambling Act of 2003 to deal with the growth in remote interactive gambling in the country. The law is pretty straight forward, it states that any remote interactive gambling in New Zealand (internet, TV, telephone etc) must be operated by the TAB (Totalizator Agency Board) or the new Zealand Lotteries Commission. These are both government-run operations that are used for community fund-raising and are not for profit.

So players in New Zealand can gamble online through both these sources, but also the law states that it is not illegal for Kiwis to gamble at online casinos on foreign (overseas-based) sites. The reason for this is that New Zealand law cannot be enforced overseas and the government thought it would be impossible to enforce. However, it is illegal for overseas companies to advertise their product online and overseas sites can never run their operations from New Zealand.

The main thing for New Zealand online gamblers to be aware of is the fact that although it’s legal for them to play on overseas-based casinos, not all of them are trustworthy… Proper checks should always be taken out by online players before investing their hard-earned cash into a foreign gambling site. The reason for this is that as the sites are based overseas there is very little protection that can be offered to New Zealand Online Slots players if something goes wrong.

The recommend process for checking that a foreign-based site is legitimate is to look at the following areas; banking options, where the company is licensed, where the customer support is based, whether the company independently audited by a respected organisation (such as KPMG), how long have the company been in business for, what is their payment processing like and finally to do some research online to see if other Kiwis have played on the site and can recommend it.

In March 2011, one of the major online casinos announced that it had dealt its one billionth blackjack hand. And when you think of how many web casinos exist, it gives you some idea of just how popular visiting casinos online is. When the first online casino went live in 1996, nobody could have predicted the twists, turns, and huge growth the industry would experience, particularly when you add in smart mobile devices, which are finding their way into more hands every day.

Statistics by Nielsen Media Research in 2010 showed that in the uk alone, online gambling traffic was up by 40% over 2009. It also found that 46% of online players were women and about 50% were middle aged men with above average salaries. And in the us, the National Annenberg Survey of the Young found that some 16% of college-aged men visited online casinos at least once a month, up dramatically over 2008 figures.

Many online gambling venues credit the increase in popularity to the development of industry standards by groups like eCOGRA (eCommerce and Online Gaming Regulation and Assurance), better responsiveness to customer service, and a commitment to providing players with safer, higher quality sites. Newer payment methods are coming online, and more currency and language options are also assisting in the worldwide growth of gambling websites.

One of the biggest world regions for expansion of online gambling is Latin America. These 33 countries, with a population of around 570 million, are ripe for investment by web gambling firms. In fact, investors in areas like financial service providers and online server operators are keenly eying Latin America as a front for expansion.

A chief reason for the appeal of expanding online gaming into Latin America is the existing telecommunications infrastructure, including widespread availability of broadband and mobile internet. In 2009, internet access reached nearly 200 million Latin Americans, and it was growing at a clip of 30% per year.

Mobile online gambling appears to have the greatest potential for growth in Latin America, because device penetration in the region was at 80% in 2009, which was above the world average, with mobile networks reaching nearly 500 million people. Couple this with the rapidly evolving graphics and game features specifically for mobile devices, and it is clear why any casino online looking to expand would do well to consider this region.

But mobile device gambling isn’t just a Latin American phenomenon. Mobile devices are rapidly growing in popularity everywhere, and the web casinos that develop applications for it are the ones who will be first in line to take advantage of this market.

Online gambling has come quite a long way since 1996. More regulations are in place to help reassure consumers, and more payment and currency options are available. The graphics and software platforms are better than ever, casinos are taking a new look at customer service, and mobile handheld devices like Android phones and iphones are opening up a new sector in online gambling. In short, it is a very exciting time for the online gambling industry.

For one, you can play whenever you want to. You do not need to dress up, get out and interact with people. You simply waste no time and jump straight into the game of your choice. There are actually two types of online gambling sites, one which is free and does not require you to pay a single cent (of course, except for your electric bills), and the other would be real money online casino games which would require players to pay a deposit upon registration, and the winnings will go to them if they win. Regardless of the type, there are different levels of experience available, ranging from amateur to professional. This allows a player to either pick up on experience or to display their abilities.

Another reason to play online is because you are in control of your environment. In real casinos, there would be music, people chattering, and you would be able to hear games from other ongoing games on other tables. These can be extremely distracting and might affect your concentration in playing. Online casinos, on the other hand, only focus on the table you are playing at. It is as though you are playing in a place only made for this round of game. But if you do not like sounds at all, you can just mute it.

Other than that, it can serve as a place to start off at before going to the real casino to gamble. Online casinos have the same rules and regulations with the games, and only carry minor differences. As this is the case, one can practice as much as they want online before facing the real thing with confidence. This way, you do not face as much embarrassment the first time if you are new in the game. All in all, online gambling casinos make a great place to gain gambling experiences.

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