Home » NZ Minister Disappointed by SkyCity’s Move Offshore
NZ Minister Disappointed by SkyCity’s Move Offshore
Recently updated on March 13th, 2019
Following 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 expressed her disappointment in the news after having started discussions to put in place legislation to regulate the online gaming environment in Kiwi.
Internal Affairs Minister Rues SkyCity’s Move Offshore
Asked for her reaction to SkyCity’s move to take their gambling products offshore, she didn’t hesitate to express her disappointment. “I was disappointed when they (SkyCity) came to let me know that they were moving forward into the offshore online gambling environment” she reflected. She conceded that it was within their best interest to do so looking at the fact that New Zealand still hadn’t put regulations in place. “Quite rightly we have no legislation regulations that could stop them. But I was disappointed that they’d made this move knowing that we were going to be legislating and regulating in this space in a while”.
New Zealand to Legalize Online Gambling
Kiwi gamblers will be excited to know that the government have been looking into regulating online gambling. Quizzed on her plan to regulate the online gambling, Martins was not coy about her plan of action.“The biggest threat to New Zealand at the moment is actually offshore online gambling” she exclaimed. She continues, “we’ve already started pulling together what we believe will be legislation that will fill this loophole”. In her plan, offshore gambling firms will have to abide by the current gambling legislation. The regulation look at three main pillars:
Trusted providers
Community building
Harm minimization
The laws will be implemented long after SkyCity has launched its online casino. This framework will hopefully boost the New Zealand economy. Additionally, it’ll make sure that there are more legal betting sites in Kiwi. If you are looking to bet at legal online casinos, simply head to our reviews to find the best betting sites in New Zealand.
Recently updated on April 10th, 2019Christchurch Casino was one of the first gambling companies to receive an operating licence back in 1993. They received a 25-year licence, and now they are up for a casino licence renewal. However, in new developments, the Gambling Commission has a condition for the gambling company to be able to […]
Recently updated on August 21st, 2019Gambling online has become more favored in New Zealand, according to reports. The people who have been against gambling said that the recent government has been concentrating on governing the industry. Not a lot of energy has been spent on providing people with the utmost protection against web-based gambling harm. […]
Recently updated on June 7th, 2018Two All Blacks players, Rieko Ioane and TJ Perenara, and the Black Ferns’ Eloise Blackwell recently played Fortnite on Twitch. These famous players are the first professional athletes to join ‘The Night Squad’, a new show for gaming fans. The All Blacks are set to go head to head with […]
Recently updated on October 12th, 2018This year’s top operators and software providers have been announced at the Global Gaming Awards. The ceremony, held at the Sands Expo Center in Las Vegas, opened the 2018 Global Gaming Expo (G2E). Winners were voted on by 70 gambling industry judges, and the awards were handed out in front […]
Recently updated on July 4th, 2019The owner of the Paddy Power brand, Flutter Entertainment stated that he didn’t understand the reason for the increased shares. On the other hand, there have been rumors that another business could have an interest in the Irish gambling company. The large outflow in the share price of the behemoth, […]