Gambling revenue skyrockets to more than $350 million in 2022

Author: Live Casino Direct
 
Gambling revenue skyrockets to more than $350 million in 2022
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Gambling is a popular pastime among New Zealanders. Online gambling is legal in New Zealander. The country is expected to generate $350 million in gambling revenue by 2022.

The New Zealand Gambling Act was passed in 2003. Online gambling is legal for those over 18, but only on offshore websites. Lotto NZ and the TAB are the only authorized providers of domestic online gambling websites in New Zealander.

Kiwis are more likely to choose an online casino over a land-based one due to their love for pokie machines. Online gambling websites offer a great gaming experience topped off by generous bonuses and rewards.

Gambling revenue in New Zealand is expected to reach $350 million in 2022. Online casinos are booming in the country because there is no national lottery. The market is estimated to be worth over $600 million by 2025.

iGaming is on the rise in New Zealand. Mobile gaming is becoming more popular. iGaming can be done anywhere and anytime through accessible and convenient means. iGambling is popular in NZ due to the many online casino websites offering New Zealander's favorite games every day.