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New Zealand Stopped Opening Land-based Venues & Online Gambling Started to Grow: An Overview of the Last 10 Years

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The gambling industry in New Zealand is one space that has battled many limitations yet maintained an upward trajectory in growth over the years. 

About a decade ago, the Gambling Act in New Zealand banned the establishment of new land-based casinos in the country, leaving the Kiwis to contend with the six known casino establishments in NZ. While that is expected to have caused a decline in gambling operations in New Zealand, it geared the bulk of gamblers in the region towards Online Gambling.

In this article, we will be exploring the online gambling scene in New Zealand, its legality and how far it has come in terms of revenue generated.

Is Online Gambling Legal in New Zealand?

New Zealand remains one of the countries with no clear-cut regulations regarding gambling operations. Regarding online gambling, players are prohibited from patronizing locally owned online betting providers except the Nation’s Lotto and TAB. However, the major loophole to NZ’s stringent gambling laws is that it doesn’t explicitly prohibit players in the region from gambling on offshore online casino websites.

Despite the unfavourable gambling laws in the state, reports show that the gambling expenditure of the Kiwis shot up to $2.4 billion in 2018. This number is projected to increase in double fold in years to come.

Problem Gambling in New Zealand 

Experts in the country have raised valid concerns over the implications of the strict laws in New Zealand. One of them is that since online gambling is still prohibited, the government can’t protect people who don’t know the potential harm gambling can cause. 

The data from the Department of Internal Affairs show that over 30% of losses in the gambling industry in New Zealand come from problem gamblers. This becomes a cause for national concern to protect its citizens by trying to regulate and set structures that could help people if they are plunged into problem gambling.

Perks Online Casinos Have Over Land-based Casinos

Although there are over 16,000 electronic machines available across the limited land-based casinos in the country, more Kiwis over the last decade have tilted towards online gambling than betting at land-based casinos. Here are some of the undeniable reasons:

Attractive Bonus Offers

One asset that online casinos present, which you can’t find in land-based venues, is no deposit-required bonuses. They unlock play without payment, making them very attractive and growing the user base of the site that offers them. CasinoAlpha compared the available offers and found that, on average, $150 can be cashed out from an entirely free offer. This factor, among others, grows the virtual numbers as opposed to the players in physical venues.

Easy Access

The fact that you can easily access an online casino from anywhere without necessarily visiting any location, in particular, makes it a more favorable option for many Kiwi players.

Unlimited Gambling Options

At land-based casinos, your gaming options are very much limited. If you are all about slots, you will find that there are often fewer than 100 options to sample. This is hardly the case with online casinos, as most reputable platforms today provide over 1000 gaming options ranging from slots to table games.

Extensive Online Providers

As we have already emphasized in this article, there are 6 main land-based casinos approved to be operational in New Zealand, which can be very inconvenient given that they are primarily located in Auckland

For outsiders who are not based in Auckland, they are left with very limited land-based options to consider. However, with the rise of online casino websites today, players can choose from a list of over 50 online providers that accommodate players from New Zealand. This way, players can enjoy playing their favorite casino games from anywhere without necessarily facing the brunt of the strict NZ gambling laws.

Online Gambling in New Zealand is Here to Stay

Looking at everything discussed, one thing is clear: online gambling in New Zealand will keep growing. Seeing a booming market there, the government must improve by easing the regulations to allow more home-based gambling providers to sprout and thrive, as that will contribute greatly to the economy.

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THE MONEYMAKER TOUR RETURNS TO HARD ROCK CINCINNATI WITH MORE THAN $1 MILLION UP FOR GRABS

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Following a hugely successful first event in Cincinnati, Ohio in September 2023, the Moneymaker Tour is returning to the Hard Rock Casino Cincinnati on September 17 – 30, 2024 with a packed schedule that will guarantee more than $1 million across 15 trophy events. 

In September 2023’s inaugural stop at Hard Rock Cincinnati, the $1,500 Main Event was contested by 788 players and won by Joseph Bakun for $208,034. He was joined at the final table by Chris Moneymaker himself and WSOP Champion Joseph McKeehen and as well as the top cash prize, he also took home a crystal Moneymaker Tour trophy and a guitar trophy.

The Moneymaker Tour was created in 2023 by 2003 WSOP Champion and ACR Team Pro, Chris Moneymaker and Moneymaker Tour Executive Manager, Tony Burns. The Tour was conceived as a way for Moneymaker to give poker players opportunities to have their own ordinary to extraordinary moments as he did.

Despite its relative newcomer status, the Moneymaker Tour has made a name for itself, recently being voted the third most popular live poker tournament series behind only the World Series of Poker and the World Poker Tour, in a State of Poker survey. Since its inception, there have been eight events throughout Florida, Cincinnati and Houston.

The Tour has also recently announced new venues including a first visit to the birthplace of the Moneymaker boom with an event in Las Vegas from June 28 – July 6 at MGM Grand and its first international Main Event at Casino Aruba in October.

“Hard Rock Casino Cincinnati will team up with the Moneymaker Tour for a return in 2024” said Christopher Herbert, Hard Rock Cincinnati Manger of Poker & Sportsbook. “Hard Rock Cincinnati is grateful to be a part of the fastest growing poker tour in 2023. Chris Moneymaker, Tony Burns and their staff delivered an incredible experience for our guests during the 2023 Moneymaker Tour stop. There’s no better place to be in September 2024 than Cincinnati Ohio!”

“After an amazing series last September, we are excited to return to Hard Rock Casino Cincinnati”, said Tony Burns, Executive Manager of the Moneymaker Tour. “Continuing to partner with one of the most recognisable brands in the world amplifies our reach, resonates with our audience, and rocks our business to a whole other level.”

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Zenni Optical Announces Partnership with ESL FACEIT Group (EFG)

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Zenni Optical, the world’s leading online eyewear retailer, announced a partnership with ESL FACEIT Group (EFG), the leading esports and video game entertainment company. Designed to integrate eye health education with innovative eyewear solutions for the esports community, the partnership will officially launch at DreamHack festival in Dallas, taking place from May 31 to June 2.

This collaboration will showcase a co-branded collection of lifestyle and competitive eyewear and accessories, highlighting Zenni Optical’s commitment to promoting overall eye health, particularly in addressing issues like eye fatigue and strain. Additionally, the initiative will incorporate essential eye health education across various DreamHack Festivals, in alignment with EFG’s broader mission to foster inclusive gaming worlds and engaged, supported communities.

“DreamHack and ESL represent some of the most community-centric and prestigious competitive events in the world. In their own unique ways, they embody esports for everyone. By partnering with these incredible brands across the gaming and esports spaces, we aim to create engaging experiences that combine eye-health education with innovative eyewear solutions for players and fans at all levels,” said Robb Chiarini, Head of Gaming, Sports, & Events at Zenni Optical.

“We are thrilled to partner with Zenni Optical as the Official Eyewear Partner of DreamHack and ESL. The genuine passion that Zenni has for the esports industry is a refreshing sight to see, and a major driving factor for the decision behind our partnership. Zenni’s ongoing commitment to provide eyewear for everyone mirrors our own drive to create worlds beyond gameplay for gamers everywhere,” Craig Levine, Co-CEO at EFG, said.

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Circa Sports Launches Mobile App in Kentucky

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Circa Sports has expanded its operations into Kentucky with the launch of its popular mobile betting app. Debuting via a licensing agreement with ECL Corbin LLC at its Cumberland Run harness track, the brand will take the highest betting limits in the industry along with offering tight money line splits, transparent odds, exceptional customer service, and more.

Marking the fifth state for Circa Sports, the app is now available for download through partnership with the Cumberland Run property in Corbin, Kentucky. The Circa Sports Kentucky app can be downloaded and funded remotely from anywhere. Bettors will have access to transparent and fair limits, made possible with a business model of providing betting lines and odds that are more favorable for the customer.

“We are thrilled to launch Circa Sports in the great state of Kentucky. We’ve always had our sights set here as we know it is a major hub for college sports, horse racing and more. We are looking forward to providing Kentucky bettors with some of the best odds and expertise out there,” Derek Stevens, CEO of Circa Sports, said.

The Circa Sports Kentucky app was designed by players, for players. Available to patrons ages 18 and over, highlights include high betting limits, tight money line splits, transparent odds, exceptional customer service, option to browse the complete menu and live odds from anywhere at any time, and aggressive, higher-than-most betting limits for everyone – even winners.

The Circa app also includes future bets in parlays, two-sided Yes/No future betting, remote registration that can be done from anywhere on a mobile device and deposits and withdrawals that can be done through the app from anywhere.

Marc Falcone, co-owner of the ECL Corbin LLC properties, said: “We’re delighted to welcome Circa Sports to the Commonwealth as a sports-betting partner. They allow us to offer another amenity to complement our existing gaming.”

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