New Zealand’s proposed iGaming market is facing a critical challenge. Although the country’s iGaming bill passed its first reading in parliament this July, experts are raising concerns about its readiness to meet the 2026 launch target. Legal professionals suggest that the bill, which seeks to regulate online casinos and betting, lacks sufficient detail, potentially leading to delays. The 2015 Gambling Bill and Current Legislative Issues Introduced by Brooke van Velden, New Zealand’s Minister of Internal Affairs, the iGaming bill seeks to open up to 15 online casino licenses by July 2026. However, many details about its implementation remain vague. With just a short consultation period and unclear regulations, legal experts believe that meeting the proposed timeline will be difficult. This uncertainty is compounded by the 2015 Gambling Amendment Bill, which has already encountered challenges in implementation. Despite past discussions, critics argue that the new bill does not resolve long-standing issues…Â Read More
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Source: Casino News Daily
