“This is not intended to increase the amount of gambling New Zealanders do but to ensure operators meet requirements for consumer protection and harm minimisation, as well as paying tax,” Van Velden affirmed.
The number of licences available will be limited, and will be allocated by auction. Each licence will last for three years, with the condition of meeting regulatory requirements.
Licensed operators, under the regulation, can only offer online casino games, not sports betting or lottery products; will be allowed to advertise but under strict limits; and sponsorship still remains illegal for online casinos. The minimum age for online gambling will be 18-years-old.
“I expect the new regulatory system to be in place from early 2026 and the public will have the opportunity to provide feedback during the Select Committee process. Once established, the Department of Internal Affairs (DIA) will be the regulator,” Van Velden concluded.