New Zealand Prepares For Online Gambling Boom

Elouise Spencer - 27 August 2019

New Zealand is currently considered to be in the final stages of revolutionising its online gambling policies and according those in touch with shifts in the local market, online gambling is absolutely primed to become a multi-million-dollar industry in the country.

This is without a doubt going to do wonders for the local economy in terms of tax and other contributions, but anti-gambling activists are feeling concerned because of the fact that government appears to be more concerned with local economic development than what they are about the general well-being and sound state of mental health enjoyed by the country’s citizens.

Picking The Public Mind

New Zealand’s Department of Inland Affairs is the responsible authority tasked with implementing changes and amendments to current gaming and online gambling policies. The department recently launched a public survey initiative aimed at  ultimately reforming the country’s 2003 Gambling Bill in order to more effectively align the country’s gambling sector with the progress that has been made in the world of digital and online development on a global scale.  

The public survey initiative will now gather the facts and opinions in the hopes of reaching a true conclusion about the general out-look held by the New Zealand public. All indications are that the country is more than ready to fully embrace a fully regulated and full-blown online gambling industry.  The department’s consultation period will run until September 30th, after which the outcome will be announced and dealt with accordingly.

The Options

Government has identified four possible forks in the road, with the fourth and final avenue not actually representing any significant change as it basically involves everything remaining as is.

Three mainstream alternatives have therefore been identified. The first involves TAB and Lotto NZ being granted the freedom of incorporating a wider variety of games and betting options into their respective portfolios. The second option would provide for more licences to be issued to local operators, and the third option will make room of international operator involvement