LEGAL BOOKMAKERS IN New Zealand
The industry that covers the bookmakers legal in New Zealand has grown considerably since 2011. Year in which online gambling was regulated. Since then, 50 operators have been authorized by the DGOJ to operate these activities.
So, if you love sports events and you are interested in trying your luck on the internet at licensed bookmakers New Zealand. Below, you will get the details you need to know about legal sportsbooks in New Zealand.
Play only at licensed bookmakers to be sure that you can receive your winnings. Earthwork team works very well to check the licensed New Zealand sportsbooks that have great games, pure bonus conditions and safe withdrawal.
BEST LICENSED BOOKMAKERS IN New Zealand
🏅 REGULATION OF SPORTS BETTING IN New Zealand 🏅
Licensed New Zealand sportsbooks are supervised by the Directorate General for Gambling Regulation. This is an entity that depends on the Ministry of Consumer Affairs of the country.
It should be noted that all legal bookmakers are subject to Law 13 of May 27, 2011. Therefore, all matters concerning technical requirements, advertising, regulations, sanctions, among others, are controlled and executed by the DGOJ.
☀️ HOW DO THE NEW REGULATIONS INFLUENCE SPORTS BETTING? ☀️
In 2020 a royal decree was passed that legal bookmakers in New Zealand had to comply with. It is worth noting that this law is intended to protect players. In addition, to prevent minors under 18 years of age and vulnerable people from betting on these platforms.
Among the most relevant aspects in the legislation are the restriction of advertising hours in legal bookmakers New Zealand. Likewise, real or fictional famous characters are not allowed to be featured in sportsbooks.
In addition, rewards for welcoming are prohibited. Only those who have a registration of more than 30 days in a bookmaker and with a verified account receive bonuses.
Get more information on regulation at licensed bookmakers New Zealand on our blog.
🍀 WHAT IS THE DGOJ? 🍀
The DGOJ is a body created to control, supervise and regulate legal sportsbooks New Zealand. Likewise, its main objective is to pursue unauthorized gambling in the country.
Likewise, the DGOJ works to combat fraud and manipulation at events. In addition, it promotes actions to promote responsible gambling among users of New Zealand licensed sportsbooks.
🤞 THE FUNCTION CARRIED OUT BY THE DGOJ IN BOOKMAKERS New Zealand LICENSE🤞
- Authorize with permits the operations carried out by legal sportsbooks in New Zealand that meet the requirements.
- Inspect the technical systems.
- Protect the rights of licensed bookmakers New Zealand players.
- Establish penalties for those who do not comply with the established rules.
- To promote safe, responsible, manipulation and fraud-free internet gambling.
🤓 TYPES OF LICENSES GRANTED BY THE DGOJ 🤓
The DGOJ grants general and special permits to licensed sportsbooks. The general authorizations are valid for 10 years extendable to exploit all games approved by law.
Then, the individual licenses last between 1 and 5 years extendable. But, you must have a general license beforehand. The unique equestrian licenses can be in return, mutual and crossed. Also, there are singulars for matched, mutual and cross-over sports betting at licensed New Zealand bookmakers.
✨ WHAT TO BET ON LEGALLY AT LICENSED SPORTSBOOKS FROM New Zealand? ✨
In legal bookmakers it is possible to bet on different sports disciplines. You will also have the opportunity to play in multiple national and international tournaments. Immediately, we will indicate the options:
🔺 SPORTS BETTING LICENSED New ZEALAND
- Football .
- Tennis .
- Motor sports.
- Basketball .
- Hockey.
- Boxing.
- American football.
- Baseball.
- Cycling, among others
🔺 EVENTS AT BOOKMAKERS New Zealand LICENSE
- Tournaments of dollarpeas and Latin American football leagues.
- Football world cup.
- Olympic Games
- MBA.
- NBA.
- NHL.
- Formula 1.
- ATP tournaments and more.
In addition, licensed bookmakers offer other modalities to play such as e-Sports tournaments. Likewise, the popular virtual sports, among which greyhound racing, football, horse racing, etc. stand out in licensed bookmakers New Zealand.
♣️ WHAT CAN A LICENSED HOUSE GUARANTEE? ♣️
- Legal bookmakers New Zealand implement methods that protect the confidentiality of data.
- Traders offer reliable means of making deposits and withdrawals.
- Legal online bookmakers encourage fair play.
- Sportsbooks promote responsible gambling by protecting their users with systems for self-exclusion, limits on deposits and time in the game.
- The client receives assistance when he needs it.
- The rules of the site are clear and honest.
- They never register minors or people who appear in RGIAJ.
🎉 WHAT ARE THE CONDITIONS FOR OBTAINING A LICENSE AT LEGAL BOOKMAKERS IN New Zealand? 🎉
- Legal online bookmakers in New Zealand have to be registered in the commercial register.
- Have the minimum share capital and disburse it at the time indicated.
- Legal bookmakers must have a statement proving financial solvency.
- Comply with the technical requirements to develop their activities. As experience, staff, facilities and licensed bookmakers New Zealand with domain “.nz”.
💎 WHAT DO I NEED TO BET LEGALLY AT LICENSED BOOKMAKERS New Zealand? 💎
To play at legal bookmakers in New Zealand it is necessary that people meet some requirements described below:
- The age must be over 18 years old.
- The user cannot be registered in the RGIAJ.
- Create an account at licensed bookmakers in New Zealand.
- Verify the identity by submitting the documentation. As valid DNI / NIE and public service invoice with address.
- Have a means to withdraw and deposit.
- Have a computer or mobile device connected to the internet.
FREQUENTLY ASKED QUESTIONS OF LICENSED BOOKMAKERS New Zealand
- IS IT LEGAL TO BET ON LICENSED SPORTSBOOKS IN New Zealand?
- Yes. The DGOJ grants authorization to licensed bookmakers New Zealand for the exploitation of these activities. These licenses can be general or singular and when they expire they can be extended.
- HOW DO I KNOW IF A HOUSE IS LEGAL?
- Licensed sportsbooks in New Zealand have a domain ".nz". In addition, on their platforms you will find the seals Safe Play and Play Well. They also have systems for self-exclusion and self-control to protect players. Also, you can check on the DGOJ page if the operator is authorized.
- CAN I WIN REAL MONEY AT A LICENSED SPORTSBOOK New Zealand?
- To win money at the bookmakers in New Zealand you will have to make accurate forecasts. This is achieved by carefully studying the statistics, news, before the event.
- CAN I RECEIVE A BONUS AT A LICENSED BOOKMAKER?
- New Zealand licensed sports betting platforms grant bonuses. The condition for receiving them is that you have a registered account that exceeds 30 days. It is also essential to have verified your identity by sending all the requested digitized documents.
- DO I HAVE TO DECLARE TAXES AT LICENSED New Zealand BOOKMAKERS?
- If you win money at licensed bookmakers you have to declare taxes to the treasury. If the income exceeds $ 1600 in the whole year you must make your declaration. Now, if the benefits are around $ 1000 and your salary is around $ 22,000 per year, you have to declare.
- ARE THERE ANY PENALTIES FOR PLAYERS WHO DECIDE TO PLAY AT CASINOS WITHOUT A DGOJ LICENSE IN New Zealand?
- If you decide to play at bookmakers with a license other than the one granted by the DGOJ, they could punish you with up to $ 100,000. According to current regulations, all winnings have to be declared. For this reason, it is convenient to bet on legal sites in the country.