New Zealand may be known for its lush green landscapes and rugby prowess but there’s another pastime that Kiwi’s also enjoy – gambling. While it hasn’t always been smooth sailing and has at times been subject to strict regulations, locals are now able to gamble legally under the watchful eye of the Department of Internal Affairs. This encompasses sports betting, lotteries and online casinos, even those based beyond New Zealand’s borders.
Gambling in New Zealand dates back to the 1830s when betting on horse racing was the flavor of the day. This evolved over the years, with the island nation making a big contribution to the gambling world in 1913. New Zealand native George Julius invented a tote board – a machine used in the infield of race tracks that helps fans see which horse is in the lead.
There were various periods in this history where gambling in all its forms was entirely illegal. Luckily, this prohibition has been relaxed, helping the gambling industry rake in almost $2 million a year. Slots (locally referred to as ‘pokies’) account for 35% of this spend, while casinos are responsible for 26%. The remaining balance is shared between lotteries and sports betting, with 21% and 18%, respectively.
Which were the First Gambling Laws in New Zealand?
It was prohibited to facilitate gambling or act as a bookie in the 1920s, with locals only being allowed to bet on horses at the race track. These laws relaxed by the 1980s when the lottery and casinos were given the go-ahead by government. It was only in 1994 that slot machines were legalized and officially opened for the public to enjoy.
What are the Current Gambling Laws?
According to the Gambling Act 1003, all gambling is illegal unless it has been authorized by the government. Gambling activities have been split into four categories to help streamline licensing, with restrictions placed on turnover and prize money depending on the class. The legal gambling age to enter a casino in New Zealand is 20 years old and 18 years old for sports betting.
Players are legally allowed to gamble at online casinos based outside of the country, but any advertising from these operators is prohibited.
Who is Responsible For Regulating the Industry?
The New Zealand Gambling Commission, a branch of the Department of Internal Affairs, is responsible for regulating the industry. Established in 2003, the commission sets the rules and conditions for licensing, and issues licenses to operators.
Important Player Information
Want to gamble online in New Zealand? The world is your oyster – just don’t gamble on any online casino based within the country. The New Zealand dollar is widely accepted by most online casinos, meaning there are excellent options available to you. If you’d prefer in-person gambling, you can pick from the local pokies or casinos, as well as enter the lottery or bet on your favorite sports team.
How Many Locals Gamble in New Zealand?
Studies have shown that almost 80% of Kiwis participate in gambling in some shape or form. A 2018 study by the New Zealand Health department gave insight into where people gamble:
- 55% enter the lottery.
- 11% engage in sports betting or horse betting.
- 11% prefer pokies.
- 2% regularly play at online casinos.
Can New Zealanders Use Overseas Online Casinos?
Yes! As long as you are of legal gambling age, you are free to enjoy any online casino based outside New Zealand’s borders, giving you the freedom to enjoy some of the best online casinos around. While the laws around gambling may sound strict, they are there to encourage responsible gambling and avoid harmful behavior.
Can I Deposit and Withdraw Money in Online Casinos?
Yes, it is both legal and safe to deposit money or withdraw winnings from any online casino you choose to play on. There will only be an issue if you engage with an operator based in New Zealand. And nowadays, as we mentioned, most online casinos accept NZD. Many platforms often offer promotions centered around withdrawal and deposits, no deposit bonuses often being the more popular of the two. BetKiwi.co.nz – one of the most trusted online sources for casinos in New Zealand–have published an article detailing the nuances behind no deposit bonuses, why and how they are awarded.
Will I Have to Pay Tax on My Winnings?
Yes, your winnings are considered a form of income and are therefore taxable. There is a specific threshold you need to be above in order to pay taxes on your winnings. As of 2024, you need to pay 29% tax on gambling winnings over and above $449.
How Do I Play on Online Casinos?
Take your pick from some of the best licensed and regulated online casinos in the world! Reputable casinos will offer a variety of games to choose from, including:
- Slots: These are the perfect starting point for newbies and don’t require any strategy or skills as blackjack does, for example. The great thing about choosing slot games is you’ll often be offered free spins to try out the games.
- Blackjack: Want to try something that requires a little more skill? Brush up on the rules and give blackjack a try.
- Roulette: Feeling lucky? Spin the wheel of fortune and play a game of roulette.
- Baccarat: This is a very popular card game that you can get the hang of pretty quickly.
- Live casino games: Want to feel like you’re at the casino from the comfort of your home? Immerse yourself in interactive live casino games, giving you the opportunity to face off against virtual dealers in some of your favorite games.
Final Takeaway
There you have it! While there are some regulations you need to be aware of, this is all the information you need to enjoy a stress-free, safe and legal gambling experience in New Zealand!