New Zealand has an extensively worked-out set of laws related to gambling. The gambling industry in the country is quite a force to reckon with, and this thus, demands effective laws to be put in place to oversee that people do not engage in unethical and unfair practices. And New Zealand has been doing a fantastic job at that. Speaking of gambling, the country legalizes almost every form of gambling, with the exception of a few. However, as we have mentioned at the beginning of the article, there are certain laws that must be adhered to if one wants to engage in the ethical forms of gambling. The article shall shed some light on some of those laws that New Zealand has working in the domain of gambling.
The Gambling Act of 2003:
It is imperative to talk about the Gambling Act of 2003 when we have roped ourselves into discussing the laws that work in the gambling industry of New Zealand. The Gambling Act of 2003 ensures safe and ethical practices in gambling and also nudges individuals to be more responsible for their activities in gambling. The act also seeks to control the activities of gambling and helps in minimizing criminal activities of sorts in gambling.
Land-Based Casino Laws that Are Functional in New Zealand:
The Gambling Act of 2003 has been amended twice since it came into being and covers almost every form of gambling in its spectrum. This act tries to provide a holistic approach to gambling so that the community can make use of the proceeds that come from these activities in a positive manner. To provide you with a head start of the gambling laws as furnished by the act, here are a few points to keep in your mind.
- No commission can be charged for games that fall within the brackets of Class 1 and 2. These games do not even require a license to operate.
- Class 3 have games within its brackets that require a license to function
- Finally, the games in Class 4 can be conducted outside the confines of licensed casinos.
Any game or form of gambling that is not mentioned in these four classes are not legalized and engaging in those activities could be considered as an offence.
The one distinctive feature that makes New Zealand one of the best countries for gambling is its legal system. The system not only makes sure that the individual indulging in the gambling activities is safe, but also helps the community to build itself and grow together.