Kiwis are being targeted by unregulated offshore gambling platforms
February 25, 2024 2024-02-26 13:34Kiwis are being targeted by unregulated offshore gambling platforms
Kiwis are being targeted by unregulated offshore gambling platforms
Kiwis are being targeted by unregulated offshore gambling platforms
Content
- 22Bet Casino License and security
- Welcome casino bonus LiveBet
- More 22Bet Casino Offers
- et Introduces New Bet Types
- NZD$1 Deposit Bonus
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We would like just to highlight again that you can play each of these games in a demo mode for free. Isn’t it the perfect casino for the less experienced Kiwi players who want to practice and learn the basics of the gameplay? The ’22Games’ section offers a whole new list with instant play games. Apple of Fortune, Dice of Richies, Fruit Cocktail, 777, Money Wheel, Derby Racing, Greyhound Racing, and Balls 49 are only a few examples.
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As companies have found, our legal system has many loopholes when it comes to online gambling. The Gambling Act 2003 hasn’t been updated to account for technological advances since its enactment. Despite s 16 of the Act prohibiting online gambling and online advertising within New Zealand, companies have exploited our regulations’ deficiencies. New Zealand is described as a “grey market”, due to its lack of barriers and taxation of offshore websites. Similarly to 22Bet, many gambling companies are located offshore in order to bypass New Zealand regulations, allowing Kiwis to gamble without restriction. For example, SkyCity and Christchurch Casino have launched an online gambling platform in Malta.
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Brands like Microgaming, NetEnt, along with the services like VISA wouldn’t collaborate with a suspicious site. “We also need an update of the gambling act because it’s now 20 years old; that doesn’t even account for the changes we’ve seen in technology. She wants to see New Zealand gambling laws updated to reflect the rise of social media better.
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