Gambling laws in New Zealand are quite a tricky affair to discuss, and not because they prohibit most of the forms of gambling in an attempt to control compulsive gambling behaviour, but because the laws are quite strange, to begin with. New Zealand had always had several fights to put up with its gambling laws because things were quite bleak for the country when it came to gambling and the regulation of casinos. The only form of gambling that was approved by the country in the 1920s was betting on horse racing. Since then, things began to change, and the laws came into existence that allowed a few types of gambling in the country. But it might surprise you when you come to know of the laws pertaining to the domain of online gambling in the country. We shall look into a few details of the same in this article and try to understand it better.
How Does Online Gambling Work in New Zealand?
Online casino laws in New Zealand are quite bizarre, and people who plan on visiting the country and indulge in a few online casino games might want to pay a bit of attention to this segment of the article. The laws in New Zealand do not permit any individual to sign up to an online casino website and play a few games on the platform. It is considered illegal and an individual caught in the act might have to face several ramifications. But, the same law works in an entirely different way when the operator of the online casino is based across the borders of the country. Individuals can sign-in to one of these online casino sites from outside the purview of the country and play the games. It is not considered illegal, and there shall be no consequences whatsoever.
The Tax Structure on Winning:
Here is another fascinating piece of information about online casinos in New Zealand. Individuals who play on international online casinos or from outside the confines of the country’s gambling laws do not have to pay any amount of tax on their winnings. They can keep the entire amount with themselves without having to pay any governing authority any amount. This serves to be an amazing deal for the winners. Online casinos in New Zealand might seem problematic at first, but the problem only arises when you play on a website whose operator is based in the country. There are absolutely no restrictions on registering on an online casino whose operators are from beyond the borders.
The online casino laws in New Zealand might look pretty strange, but they need a closer look to be understood better. These laws not only help in controlling the gambling behaviour, but also help in restricting illegal activities related to the domain.