Gambling is an integral part of New Zealand society. This industry has grown rapidly over the last decade to the extent that it now significantly impacts the economic and social status of the country. Gambling is legal in New Zealand in certain areas and there are several casinos that you can visit.
The annual turnover of gaming in the country is in billions and it is used to raise hundreds of millions yearly for community purposes. Most clubs and pubs in New Zealand have gambling machines and casino business is substantial, run only by prominent companies.
However, there are certain problems associated with gambling in New Zealand the most common being criminal activity and people who cannot control their gambling but the benefits of gambling in this nation certainly outweighs the problems.
This article outlines the existing gambling legislation in New Zealand, the major land based casinos and the impact of gambling in the country
Existing gaming legislation in New Zealand
There are three key acts which regulate gaming in New Zealand, the casino control Act 1990, gaming and lotteries Act 1977 and the Racing Act 1971.
- The Racing Act 1971
This Act permits totalisator betting and fixed odds on greyhound and harness racing, galloping and during sporting events. It gives the TAB (Totalisator Agency Board) monopoly on the above forms of betting. Profit from race betting is paid to racing clubs through the RIB (Racing Industry Board).
- The Casino Control Act 1990
This Act emphasizes on employment tourism and economic development instead of fundraising for community purposes. Casinos that operate for private gain are the first fully commercial form of gambling permitted in New Zealand.
- Gaming and Lotteries Act 1977
Lastly, the Gaming and Lotteries Act 1977 permits non-commercial groups to run lotteries, prize competitions, games of chance and instant games to raise funds for community purposes. This Act regulates housie and gaming machines both of which are games of chance.
The gaming and lotteries Act prohibits gaming for private commercial gain but it allows licensed promoters to promote prize competition, instant games and lotteries on behalf of licensed group and charge 10 per cent turnover as fee.
Major land based casinos in New Zealand
Land based casinos in New Zealand are a recent development due to the various modifications to the laws and regulations governing the gambling industry. With only five casinos across the country, it is certainly a matter of quality rather than quantity and players from different parts of the world will definitely have a memorable experience one that matches the best that the world offers.
The first casino is located in Auckland and it offers a wide variety of gambling machines. It also has 114 tables and poker games, black jack, Baccarat and several restaurants, bars and hotels in case you want to stay in the casino.
Christ Church casino is the second casino available in New Zealand. It is located in the South Island of New Zealand and it also offers different gaming machines, restaurants, bars and hotels to choose from.
Dunedin Casino located in Dunedin New Zealand comes in third. This casino offers multiple poker tables and several gaming machines and various restaurants, bars and hotels to choose from as well.
The city of Queenstown in New Zealand is home to two casinos: Skycity Queenstown casino and Skycity Wharf casino. These two casinos by Skycity have different gaming machines as well as poker and table games. They also feature restaurants hotels and bars.
Benefits of gambling in New Zealand
Gaming in New Zealand derives several benefits to the citizens and government at large which includes job creation, community development through the distribution of profits gained through gambling to the community.
Also, the environment where gambling operates influences its value as a forum for social interaction, the degree and type of social benefit varies from one form of gaming to another.
Gambling in New Zealand today contributes more than $600 million yearly to the country’s GDP. Gambling duties total $120 million per year and the GST from gaming is $85 million yearly. This is an indication that the impact of gambling in New Zealand is significant.
The gaming industry in New Zealand is growing at a rate that is increasingly becoming difficult to regulate. Visit http://pgfnz.org.nz for help on gambling in New Zealand.