In a groundbreaking move to protect its citizens and regulate the rapidly growing online gambling industry, New Zealand has announced plans to launch its own iGaming platform. The decision comes in response to the proliferation of offshore gambling websites that have been targeting Kiwi players, putting them at risk of fraud and exploitation.
The new iGaming platform, which is set to launch later this year, will offer a range of popular casino games such as slots, poker, and roulette, as well as sports betting options. The platform will be heavily regulated by the New Zealand Gambling Commission to ensure fair play and protect players from potential harm.
Minister for Internal Affairs Jan Tinetti emphasized the importance of the new platform in safeguarding New Zealanders from unscrupulous offshore operators. “We have seen a significant increase in the number of offshore gambling websites targeting New Zealand players, and it is our responsibility to provide a safe and regulated alternative,” Tinetti said.
The decision to launch an iGaming platform also comes as a response to the growing demand for online gambling options in New Zealand. With traditional land-based casinos facing closures due to the COVID-19 pandemic, many Kiwis have turned to online gambling as a form of entertainment.
The new platform will not only provide a safe and regulated alternative to offshore websites but also generate revenue for the government through licensing fees and taxes. This revenue will be used to fund problem gambling prevention programs and support initiatives to help those struggling with addiction.
Industry experts have praised New Zealand’s proactive approach to iGaming regulation, citing the potential benefits for both players and the government. “By launching their own iGaming platform, New Zealand can ensure that players are protected, while also reaping the financial rewards of a thriving online gambling market,” said gaming consultant James Smith.
While the launch of the iGaming platform is still several months away, anticipation is already building among players and industry insiders. With the promise of a safe and regulated online gambling experience, many are looking forward to the new opportunities that will be made available to them. Overall, New Zealand’s decision to launch its own iGaming platform is a significant step towards creating a safer and more enjoyable online gambling environment for its citizens.
