The Benefits of Working in the New Zealand Market
Low competition in the iGaming field
Solvent English-speaking consumers
Large selection of areas and formats
Demand for mobile gambling services
Gambling Business in New Zealand: Where It All Started and How to Become a Part of It
The popularity of gaming entertainment has always been on a high level in the region of Oceania. The gambling business in New Zealand was brought to the archipelago at the beginning of the 19th century. Since then, people have enjoyed different manifestations of this amusement that had to adjust to the peculiarities of local regulations.
Foundation of Gambling Market in New Zealand
The first official law on the gaming industry was established in 1908. It prohibited any gambling business in New Zealand apart from betting on horse racing. The limitation was viable for almost 50 years until the first legal authority was established to control the sphere.
Since then, new regulations have been adopted, granting access to ground-based (and soon digital) entertainment:
- Boxing and Wrestling Act (1981);
- Gambling Act (2003);
- Racing Act (2003);
- Amendment Act I (2005);
- Amendment Act II (2015).
The main regulative document of the country is the Gambling Act of 2003. It verifies the casino law in New Zealand and provides detailed distribution of governance for entrepreneurs of the industry.
4 key classes of the gambling business in New Zealand:
- The first category is characterised by the absence of licensing necessity and low prices. Organisers of such gaming establishments pay no contributions or commissions. The responsibility principles are the main rules of such a venue. The operator’s profit per session should not exceed $500.
- The second category is also categorised by the absence of licensing necessity. One-time pay-outs for a session can not be more than $5,000 while the establishment profit should not exceed $25,000. Only communities can organise such events, and all income must go for the prosperity of the local association.
- If the profit for a single session is over $5,000, such a category of establishments falls under obligatory licensing. The gambling law in New Zealand anticipates lottery draws, bingo entertainment, and similar activities to be characterised as class 3. No slots are allowed. The profit is recommended to be spent for the benefit of the community.
- The last category includes slot machines, big wins, high profit, and obligatory licensing. Only legal bodies can start casinos in New Zealand under such jurisdiction. All profit is officially declared and subjected to high taxation rates.
Even though there are only 4 classes of gambling law in New Zealand, private entertainment of this kind counts as a separate one. It can be conducted on proprietary premises and is considered a social amusement. Organisers receive no commissions, and all wagers are returned as prizes. Only official residents of the locality can participate in such entertainment.
Restricted Casino Providers in South Africa
While many top software vendors support operators in New Zealand, not all internationally renowned companies have access to the local gambling area. Casino Market works on ensuring that our clients’ projects comply with the country’s regulations.
Our juridical department meticulously follows the standards of the industry and their adjustments. We constantly add to or remove from the list of restricted providers those companies that are associated with New Zealand.
Suppliers of programming support that do not currently have access to the local iGaming market:
- Yggdrasil Asia;
- Game Art;
- Greentube.
As a professional aggregator of services, Casino Market guarantees quality opportunities despite these limitations. Get in touch with our client service to learn more about how we can help you with relevant software. Order legal and up-to-date entertainment selected and developed by professionals to appeal to your target audience.
iGaming Direction of the Region
If a manager decides to open a gambling platform in New Zealand on the Internet, he should know that the local authorities have not established a law that would allow receiving working permits for operators in the country. So, is gambling legal in New Zealand if you play it on the Internet? Yes, it is.
Operators who want to target the local public should consider the following stages:
- Apply for an official licence in one of the available offshore jurisdictions. A lot of countries that grant such permits allow you to start an online gambling project in New Zealand.
- Create a dedicated site to host players. It must be a functional platform with reliable servers, an appealing design, and a convenient interface.
- Purchase the necessary casino software in New Zealand. The gaming content is an integral part of such sites. On average, an operator should have a library of at least a few hundred games at the start.
- Integrate additional administrative instruments. For convenient management of players and any analytical operations, the owner of the platform must install appropriate auxiliary systems, security networks, and payment gateways to the site.
- Set up an advertising campaign. Players do not appear on the site magically. They find out about your newly established casino or a legal online betting portal in New Zealand from social networks (SMM), other sites (your affiliates), and through contextual ads (SEO).
Turnkey Casino in New Zealand
As soon as you have researched the gambling market in New Zealand thoroughly and have made up your mind on setting up a project here, there is an excellent hint. Instead of trying to go the way of trials and errors, an operator can resort to professional assistance. A turnkey casino in New Zealand from Casino Market involves all the necessary specialists to complete your gaming site.
What is included in such a solution:
| Quick and efficient licensing | Usually, the legal aspects of such a business are the most urgent and long-standing issues for an operator. With professional support, the official legal permit will be ready in a few weeks |
| Immediate positive reputation | The rivalry in the gambling market in New Zealand is above average, so popularity is integral for a stable profit. Turnkey development shapes the brand in a way that it quickly becomes familiar to local players |
| Cooperation with top manufacturers | Virtual slots, poker tables and other casino software in New Zealand from the finest vendors ensures high acquisition and retention rates. Microgaming, Amatic, NetEnt, Greentube libraries of content are available to operators under this solution |
| Theoretical/practical guidance | The Casino Market aggregator does not do all the job instead of the client. All decisions are made together with the operator. Our experts act as mentors and explain all organisational and operational details in the development process plus perform all complicated tasks on software development and integration, correspondence with jurisdictions, etc. |
| Fast profit | When you buy a casino in New Zealand from our company, the average time of the payoff is 3–6 months. It means that in less than half a year, the owner will start receiving its first net profit from the functional gaming platform |
Casino Market is an experienced guide company, ready to assist all its clients with an individual approach to casino development. We help open a gambling portal in New Zealand on a legal basis of any type you wish. Ensure the success of your business and resort to experts for top quality advancement.
The Main Things about Gaming Sphere in New Zealand
The possibility to start earning capital through online entertainment is tempting. Considering that it is legal to open a gambling portal in New Zealand today, this business strategy becomes even more appealing. Casino Market proposes to launch your gaming platform in an extremely lucrative region, where people are regularly looking for new amusement opportunities.
To buy a casino in New Zealand, an entrepreneur needs to:
- ensure the legality of the start-up by applying for a licence at an available jurisdiction;
- design a functional site that would correspond to the cultural peculiarities of the region;
- obtain the necessary casino software in New Zealand, including entertainment and administrative content.
Casino Market also proposes additional services, such as expert advertising, Bitcoin and live platform setup, rent-based project options, and so on. Contact our customer support specialists to inquire about the latest features on all solutions and order details.
Have questions or want to order services?
Contact our consultants:
- e-mail: manager@casino-market.com
- Skype: support.casinosupermarket
- feedback form.
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