NZ Online Casino Market Skyrockets: What's Driving the Boom?
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The internet has evolved from a source of amusement to a necessity. People watch movies, buy books, go grocery shopping and place food orders on the internet.
There are only six casinos operating on a land-based basis in New Zealand. Online casinos are filling the void left by the absence of land based casinos. The number of online casinos in the country is increasing.
The NZ online casino market is booming because of the lack of a national lottery. People who enjoy gambling prefer to do it in casinos. The lack a lottery means there are fewer options for gambling and more money available to spend on other things.
The rise of mobile gaming is driving the growth of the NZ online casino market. Mobile gaming offers a convenient, accessible and great way to gamble. Many online casinos offer special bonuses and promotions for mobile users.
New Zealand's online gambling revenue increased by 21% in 2020 compared to 2019. The number of online gamblers increased 14% by 2020. All land-based casinos were closed, so gambers turned to online casinos.
New Zealand allows players to access offshore gambling sites. This gives players more options and boosts the industry. i.e. it gives them more choice and allows them to find the perfect casino for their needs.
Kiwis are into gambling. 67% of New Zealanders gamble regularly. Kiwis more likely to gamble online than any other nationality.
The government does not tax gambling winnings in New Zealand. This is a major advantage for both players and casinos. Online casino market in NZ has been growing rapidly.
New Zealand's online gambling industry is on the rise. The industry will grow further in the future. It could lead to the development of new casinos and the expansion of existing ones. It will be interesting to see how things develop in New Zealand in future and what the industry holds for both the players and industry.
There is a booming online casino market in New Zealand. Land-based casinos are closed and more Kiwis are gambling online. There are no taxes on online casinos.
