Home » SkyCity Online Gambling Site Launches for New Zealanders
SkyCity Online Gambling Site Launches for New Zealanders
Recently updated on August 12th, 2019
SkyCity Entertainment Group has launched its online platform, catering to Kiwi online gamblers. The SkyCity online gambling site is based in Malta as the New Zealand government prohibits gambling sites from operating inside the country. NZ players looking to join in on the fun can find it at skycitycasino.com.
The SkyCity online gambling site is managed and developed by Malta-based company Gaming Innovation Group. This company will essentially create the site’s gaming content and manage the platform. Furthermore, it marks the company’s move towards adapting to the changing gambling environment. “While ultimately a regulated online gaming market remains the preferred solution, the site launch is another step on our journey of pursuing opportunities to grow and diversify our earnings,” said SkyCity’s chief executive Graeme Stephens in a statement.
SkyCity Online Gambling Site Moves in on Multi-Million Dollar Industry
Its move to securing a corner of the online gaming arena isn’t expected to yield high returns in the near-term. In May, SkyCity Entertainment first announced its foray into a SkyCity online gambling site, stating the project would be a conservative first step. Currently, according to SkyCity’s figures, New Zealanders spend about NZ$160 million annually at offshore gambling sites. The company supports regulating a local online casino market with licenses, taxation, and a variety of responsibility obligations.
New Zealand’s Department of Internal Affairs (DIA) recently opened a call for public submissions. They want to discuss the establishment of a regulatory framework that would shape gambling and licensing local casino sites. Right now, the only state-authorised online platforms are Lotto and TAB.
The NZ government should be interested in getting its market share of the internet casino industry. Figures from the DIA show a huge interest by Kiwi gamblers for online betting. Between 2015 and 2017, there has been an 84% increase in offshore digital gambling growing from NZ$132 million to NZ$243 million respectively. Recent figures show that it has grown to NZ$381 million in the past 18 months.
The DIA’s call for public submissions on localising gambling sites close at the end of September.
For gamblers looking for some casino sites like SkyCity online gambling site, check out our top-rated sites for Kiwi players.
Taralynn Engels is a seasoned casino news writer with a passion for keeping her readers up-to-date with the latest happenings in the gambling industry. With over five years of professional writing experience, Taralynn has developed a deep understanding of the casino industry and a knack for delivering engaging and informative content. Aside from her in-depth knowledge of the casino industry, Taralynn possesses excellent writing skills that allow her to craft captivating narratives that keep readers hooked until the last word. Her ability to simplify complex concepts and present them in an accessible manner guarantees that her articles are enjoyed by both seasoned casino enthusiasts and newcomers alike.
Recently updated on February 26th, 2018The Massachusetts Gaming Commission (MGC) is still investigating Wynn Resorts after allegations surfaced against Steve Wynn. In January, Mr Wynn has been accused by many women of sexual misconduct. These allegations sparked an investigation from the MGC, where Wynn Resorts is constructing a US$2.4 billion (±NZ$3 billion) project based in […]
Recently updated on March 13th, 2019Following the announcement by SkyCity to forge ahead with the launch of an online casino, lawmakers have rushed to reflect on the legalities of internet gambling in New Zealand. Internal Affairs Minister, Tracey Martin spoke to Newstalk ZB’s radio jock Heather du Plessis-Allan about her reaction to the move. She […]
Recently updated on April 14th, 2019A live Monopoly game is the latest brainchild of the ever-innovative Evolution Gaming, the premier live casino gaming provider. They made the announcement on the 11th of April. The unique Monopoly game is created in partnership with Hasbro, Inc. Evolution’s twist on a classic board game merges with their Dream […]
Recently updated on March 14th, 2019The Gaming Standards Association (GSA) has announced that it has launched its presence in Japan as the state is preparing to choose operators for its first casinos. The non-profit organisation will deliver informative services on the technical features of gambling and regulation to Japanese authorities. They will also be offering […]
Recently updated on August 1st, 2019Pragmatic Play announced that it has obtained its Recognition Notice from the Malta Gaming Authority. This was in addition to its license by the watchdog. The Malta-based designer and supplier of internet casino content presently hold a Serious Supply License by the Malta Gaming Authority. This enables it to offer […]