The finalization of a new system for regulating gambling in online casinos has advanced in New Zealand.
Since there is currently no framework in place to regulate igaming, there are no safeguards against harm or player protection, which leads to some dubious actions from offshore operators, such as blocking withdrawals.
The government set 2026 as the deadline for enforcing the new regulatory framework, which would minimize harm and establish a tax collection system, according to plans initially presented earlier in July.
Since there is currently no framework in place to regulate igaming, there are no safeguards against harm or player protection, which leads to some dubious actions from offshore operators, such as blocking withdrawals.
The government set 2026 as the deadline for enforcing the new regulatory framework, which would minimize harm and establish a tax collection system, according to plans initially presented earlier in July.