New Zealand launches process to regulate online casino

The government has agreed a high-level approach to online casino regulation designed to minimise harm, support tax collection, and provide consumer protections to New Zealand players.

According to Minister of Internal Affairs Brooke van Velden, this means it will be illegal for unlicensed operators to target players in the country.

New Zealand online casino licences issued via auction

While the government’s plans are currently being developed van Velden shared some details of the regulatory framework. Her department will be responsible for regulating New Zealand online casino operators.

A limited number of licences will be made available through an auction, subject to the bidders meeting regulatory requirements. Players must be 18 or older.

While “strictly limited” advertising for licensees will be permitted, casino must be fenced off from other gambling products. Sports betting and lottery must not be offered alongside icasino, the New Zealand government said.

“This is not intended to increase the amount of gambling New Zealanders do but to ensure operators meet requirements for consumer protection and harm minimisation, as well as paying tax,” van Velden said.

There will be an opportunity for the public to provide feedback on the regulatory plans during the Select Committee process, she added.

The government intends to launch the new regulatory framework for online casino in New Zealand by 2026.

How has the market responded?

Casino operator SkyCity Entertainment Group has already voiced its support.

“We remain supportive of the regulation of online casino gaming in New Zealand, with an emphasis on strong host responsibility and delivering community benefits in New Zealand” SkyCity said. 

The operator’s CEO Jason Walbridge in particular welcomed the plans to restrict licence numbers and advertising in a LinkedIn post shortly after the news broke.

“SkyCity has long supported regulating online play to minimise harm and protect Kiwis,” he said. “Limiting advertising and the number of operators in New Zealand is a good way of doing this. 

“Currently there is a lot of money going offshore that should be staying in New Zealand as tax and community benefits. We hope this will be a key part of any future framework.”