The gambling industry is now experiencing a real boom globally: the launch of virtual casinos significantly accelerated its popularity. Currently, players from different parts of the world can access the best real-money games from anywhere in the world.
New Zealand is considered among the most gambling nations, so the local legislation is already adapted to customers' needs and the functioning of gaming establishments. On the other hand, Africa is still a developing market. However, appropriate legislation has already been presented in Kenya, Nigeria, and other countries on the continent.
New Zealand Gambling Industry Overview
The country is a popular gambling hub: tourists from different regions come to NZ to enjoy luxury casinos and unforgettable emotions. Locals also love this entertainment: according to statistics, over 80% of Kiwis population played casino games at least once.
The local government allows residents to gamble legally and reliably, so country residents and visitors can take advantage of top casinos.
Legal Status of Real Money Online Gambling
Land-based gaming venues are not prohibited in the country, so every individual over 18 can visit them. Online casinos for real money are extremely popular among New Zealanders. Kiwi punters opt for real money at casinos with local payment methods and various benefits.
However, only platforms registered outside New Zealand are considered legal in the country. Therefore, the government doesn't allow domestic virtual casinos. Foreign gambling operators can easily enter the NZ market and provide services to local users.
Only licensed and trustworthy platforms are allowed: they must operate under licensing from responsible government bodies and provide a secure environment to their members.
Regulatory Bodies and Legislative Frameworks
The Gambling Act 2003 is the main document regulating all risky activities in the country. At the same time, the NZ Gambling Commission was created on its basis. This government body issues licenses, checks casinos' compliance with the law, and provides recommendations to other controlling authorities.
The NZ government receives significant revenue from gambling activities in the country. On the other hand, the issue of addiction is still the main challenge in the country and beyond. Therefore, one of the Gambling Commission's goals implies promoting a responsible approach to gambling and informing players of the possible harmful consequences.
Gambling Facts & Stats in New Zealand
Kiwis are among the most gambling nations globally; millions of tourists visit the country to play in the hugest casinos. However, even considering the high popularity of this entertainment, addiction rates remain below average. According to recent research, 0.4% of the population suffers from the disease.
At the same time, 1.3% of adults are at moderate risk of addiction development. Such statistics indicate that the government implements a correct responsible gambling policy.
Gambling Industry Overview in African Countries
Africa has a great potential for growing gambling activities, so it's not surprising multiple operators aim to target the region. Nigeria, Kenya, and Zimbabwe are the greatest gambling markets in the region. Learning all the peculiarities and regulations within these countries will help better understand the overall gaming landscape in the region.
Licensing and Regulatory Authorities of Online Gambling in Kenya
Casino and punting websites have been legal in Kenya since 2011, confirmed by the Betting, Lotteries, and Gaming Act of 1966. However, all online gambling establishments must acquire licensing from the Betting Control and Licensing Board (BCLB). Generally, Kenyan casino licensing requirements compared to New Zealand differ in the fact that local and foreign operators must pay a license fee.
The Betting Control and Licensing Board covers all gambling types and has strict requirements for licensees. Therefore, operators in Kenya must provide users with fair and transparent gaming services in compliance with the law.
Regulatory Bodies and Laws Governing Online Casinos in Nigeria
Even though gambling is regulated in the country, many still play in underground casinos. Entertainment was first legalized in the country in the 1990s, popularising several gambling types. It was initially done to receive additional tax income to the country's budget.
Statistics indicate that over 36% of the adult Nigerians gamble , which is a significant figure considering the 223 million population. The iGaming market is growing in the region, constantly attracting new operators to Nigeria. Gambling laws in the country allow local and foreign online casinos and bookies, so a vast choice is available for players.
Regulatory Framework of Gambling Industry in Zimbabwe
Zimbabwe's gambling legislation differs from other African countries, as it only covers the offline sector. Therefore, online casinos are not regulated in the country. On the other hand, it's not restricted, which makes players join virtual gaming clubs without fearing to break the law. Yes, Zimbabwean law is outdated, but it is still beneficial for fans of online slots and betting.
Key Figures on Overall Gambling Statistics in Africa
The casino and betting market has experienced a stable rise in Africa. It's predicted the revenue will reach $1.6 billion by the end of 2023. Moreover, the industry will continue booming - the anticipated market size will be around $2.26 billion in 2027.
However, many countries in the region still lack gambling regulations. Addiction problems often target poor and vulnerable populations; moreover, many individuals under 18 still participate in casinos and sports betting.
The local governments should pay more attention to the iGaming sector, providing stricter regulations. Such an approach will help promote healthy gambling behaviours and reduce the number of addicts.
Final Insight
Gambling regulations in New Zealand and African countries, including Nigeria, Kenya, and Zimbabwe , are similar in many aspects. Online and offline casinos are available in both countries; the difference is that the NZ government only allows overseas platforms.
However, both countries still face unregulated gambling. Multiple casinos and sportsbooks operate illegally, and no particular mechanisms exist to eliminate them. Therefore, both African and NZ players should be attentive and double-check the reliability of a gaming club before joining it.