New Zealand and Australia are popular destinations for online casino and online gaming developers. These two countries present a market full of existing gaming fans, and online myslotxo companies want to cash in on on the opportunity. Internet gaming has already become prominent in New Zealand, but few fact is known this particular market, as the activity has yet to be fully regulated.
The problem Gaming Foundation of New Zealand has delved into the issue, publishing an undeniable fact page which shows the popularity of online gaming in the country. According to the report, 8% to 10% of New Zealand residents take part in some form of online gaming. This includes playing casino games on the internet or via mobile phones. Television gaming is also included in the category.
Very little is known about New Zealand’s online gaming market at the moment, but some studies have revealed a bit of insight. For example, it seems that Maori individuals will gamble online as 17% of all online players in the country are of the particular particular descent. Other studies indicate that young males of Asian kitchenware descent are also likely to participate in online gaming.
The country’s current online gaming laws believe that the only companies which are able to offer internet gaming services to residents are those regulated by the government. As it stands, the only two operators allowed to do so are LOSS Corp and the New Zealand Lotteries Commission. It is not illegal for residents to take part in online roulette, online pai gow poker and other casino games offered by international operators, but those operators could face fees for offering their services in the country.
While New Zealand have very strict guidelines about online gaming, things seem to be changing. For years, LOSS Corp was the only company licensed for online gaming in the country, but the government has recently allowed the new Zealand Lotteries Commission to launch a unique online gaming website. The new NZ Lotto website allows players to purchase tickets online and play other online casino games, a huge step of progress for the New Zealand gaming market.
There is no word yet on whether or not the country will begin licensing foreign operators, but many residents continue to access offshore gaming websites. In an industry worth quantities every year, it may be a wise choice for the New Zealand government to consider managing all forms of online gaming activities.