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Could the iGaming Industry in New Zealand be set to Boom?

Despite being one of the fastest growing industries on the planet, the online casino sector is still heavily regulated. Some countries still have strong restrictions on mobile gambling, but many are beginning to ease up and see how lucrative the industry is. At the moment according to https://www.translationroyale.com, online gambling in New Zealand usually occurs at offshore locations. Seeing as iGaming is so popular in the country, there is a chance the government will look to allow online casinos to operate so that they can tax them properly. If this comes to fruition, the iGaming industry could be set to boom in the next few years.

New Zealand is a country where four-fifths of the population wager on some form of gambling. This ranges from casino games to the lottery, but the figure should highlight just how big the market is. There is a thriving gambling sector in live casinos, sports betting, lottery, and gaming machines. The Kiwis are known for being exceptional at many sports including rugby and cricket, which is one of the reasons why the residents like to bet on sports.

Revenue from land-based gambling exceeds online betting by some margin, with pokies being one of the most lucrative forms of playing. This is also due to the fact that players have to gamble at offshore sites when playing online, so the New Zealand government is unable to tax it as fully as it would if the sites were located within the country. There are sites like https://www.casinokiwi.co.nz which trawl through online casinos and recommend which ones appeal to players from the country. But the sites such as LeoVegas and Dunder which are mentioned on the page are all based elsewhere.

With New Zealanders having a particular fondness for pokies, online slot games are some of the most played games by players from the country. Playing online means they have access to thousands of different titles, some of which they wouldn’t be able to find in brick and mortar establishments. This iGaming industry is growing rapidly, with worldwide revenue from it expected to reach $94.4 billion by 2020, according to https://www.statista.com.

Some of the most popular online pokies in New Zealand include Age of the Gods, which is a Greek God themed 20 pay line slot from Playtech, and Deal or No Deal, which is based on the classic game show. In addition to pokies, New Zealanders also enjoy playing card games like blackjack and poker. These games have been enhanced for online audiences, with various fast-paced versions now in abundance.

With New Zealanders notoriously obsessed with pokies and other games like roulette, blackjack, and poker, they are going to seek them out online at offshore sites no matter what. It would make so much more sense for the government to regulate online gambling properly in the country, and take a cut from the booming industry. If this happens, iGaming could become even more popular in the region.

About the author

Tirupati Gumpula

Hi, I'm a Tech Enthusiastic and founder of Popular technology blogsWay to Hunt. & Elite Tricks. Want to promote your brand? Email: [email protected]