Regulation of Online Casinos in New Zealand
The new regulation of online casinos in New Zealand came into force on May 29 of this 2021. The Minister of Consumer Affairs stated that the new regulation of online casinos New Zealand aims to stop the number of young customers playing at the casino and making sports bets.
Therefore, what is the regulation of online casinos in New Zealand ? The regulation includes restricted advertising. They will only be broadcast during 1 and 5 am as well as direct messages that incite the game. In addition, it is forbidden to use influential figures as athletes to promote your brand and in the same way, no casino will be able to continue sponsoring any sports club. Bonus regulations in New Zealand also apply
NEW REGULATION OF ONLINE CASINOS IN New Zealand
✅ NEW GAME RESTRICTIONS IN New Zealand
To begin with, how do the new regulations affect gambling? What has changed with the new regulation in online gambling? The new regulation of online casinos in New Zealand has brought many changes. We will give you all the details below.
✅ WELCOME BONUS
Customers will no longer have great promotions and welcome bonuses due to the new restrictions of the game in New Zealand prohibits them. Both customer loyalty bonuses and welcome bonuses are totally prohibited. As a compensation, players can opt for other bonuses so that they still have some advantages during their bets. Thus, promotions are another way to retain new customers. Likewise, affiliated pages are also prohibited from advertising bonuses that encourage gambling.
✅ CONDITIONS FOR RECEIVING BONUSES FOR NEW
Now receiving a good bonus is not so fast however, despite everything, it is still simple. Therefore, if you decide to enter to play at an online casino in New Zealand you will come across some measures that regulate promotions that must be strictly complied with.
The first thing is to register at the casino, as I mentioned in the previous section. Then send the documentation to prove your identity and that you are at least 18 years old or older. Only after the first month registered on the casino platform and having accepted the general terms and conditions will you be able to claim your first bonus.
✅ PUBLISHING THE CASINO CONTENT
The regulation of online casinos in New Zealand includes the regulation of advertising content. Since May, any online casino and eGaming industry companies have time restrictions on launching their advertising campaigns. The hours for advertising on different platforms such as radio, television or other audiovisual platform are from 1am to 5 am. In addition, operators are prohibited from advertising that encourages gambling and promotes false expectations related to successes, money and guaranteed prizes.
📜 New ZEALAND LICENSING RULES 📜
All operators must prove that they have the certificates granted by independent authorities that are responsible for the control and supervision of the RNG game. This means that each casino game of chance offers completely random results guaranteeing a transparent game. In addition, the website must have digital developers who offer high software performance. They should also make secure and agile banking methods available. The website must have high encryption security systems that protect user data. In addition, all its users must be duly registered, be over 18 years of age and promote responsible gambling.
✨ HOW THE NEW REGULATIONS AFFECT PLAYERS ✨
The new New Zealand online gambling regulations also includes penalties for players who violate the laws. How can a player commit an infraction? Well, access to casinos without a New Zealand license is prohibited in New Zealand, and therefore, foreign operators without authorization are restricted within the territory, so players who access such sites will be condemned. Only the General Directorate for the Regulation of Gambling under the Ministry of Finance grants licenses. So playing at casinos with hidden IPS, unlicensed casinos New Zealand or illegal from New Zealand will have to pay up to 100. $000 as a fine.
🌇 HOW THE NEW REGULATION IN New Zealand AFFECTS CASINOS 🌇
Online operators are concerned about the economic impact that advertising restrictions may cause on the eGaming industry. Audiovisual platforms were the springboard to show your product to the world, and now only a very small population will receive the content in a very small time slot and at times with lower audience.
But online casinos do not give up, so they are developing better technology to offer games optimized for mobile since it is available to everyone, in addition, various special promotions are being given such as free spins, among others.