The gambling sector of New Zealand is managed by the Department of Internal Affairs (DIA). It is the onus of the DIA to maintain complete transparency and honesty in the gambling sector of the country. In addition, the Gambling Compliance Group (GCG) leaves no stone unturned to figure out discrepancies, if any. Through this article, we will take you a little deeper into the gambling sector of New Zealand.
Gambling Law Of New Zealand
Below are some of the gambling laws to keep in mind:
- Gambling activities falling within the Class-1 category (organized by individuals) cannot have a prize more than $500.
- Gambling activities falling within the Class-2 category (does not need license; must be organized by societies) must offer prize amount between $500 and $5000.
- Gambling activities falling within the Class-3 and Class-4 (games that usually involve gaming machines) must offer prize money more than $5000. Games falling within these two categories cannot be organized without having the license.
- As per the Gambling Act 2003, it is illegal to do remote gambling, which means you cannot take part in any gambling activity that involves interaction between you and another person using a communication device.
- Under Section 16, it is illegal to promote or advertise gambling activities in a region that falls outside the jurisdiction of New Zealand.
Games Available In New Zealand
Almost every casino games and other gambling activities are allowed in the country. Horseracing was banned until 1961 when the Totalizator Agency Board came into effect. Below are some of the widely available games in the New Zealand:
- Horse racing
- Slots machine
- Roulette (mostly European roulette)
- Video poker
Fees Or Charges
All fees and charges associated with New Zealand gambling are charges as per the Gambling Regulation Act 2007. For the operators, it is mandatory to pay license fees up to 12 months at the beginning of every year. When it comes to the gamblers, they usually have to pay around $100 as the membership fee.
At present, the government of New Zealand charges zero percent tax on the winning amount through gambling. However, casino and gambling sites charges around 0.72 percent of tax on the winning amount. This tax is charges in the form of Problem Gambling levy; it is an NGO that works for the treatment of gambling addicts. On the other hand, casinos and gambling sites have to pay casino duty of 4 percent on the gambling profits. It is important to know that profits made through gambling machines in this country are treated income. The government of New Zealand certainly makes a lot of money through this 4% tax from casinos. In 2008, the profit made by gambling was around 2.034 billion NZ dollars.
Best Sites To Play
For gambling in New Zealand, below are some of the best options:
- Sky City Casino
- Spin Palace Casino
- Ruby Fortune
- Mummy’s Gold
- Cabaret Club Casino
- Wharf Casino
- Dunedin Casino