NZ Online Gambling and Online Casinos
We have poured over all the legal and accounting requirements, jurisdiction and licensing, and gambling laws to give you everything you need to know about online gambling in NZ. We take a look at online casinos that are available in New Zealand to see which ones are safe and can be trusted.
Online Gambling Jurisdictions and Licensing Standards
Trusted online casinos are governed by laws and accounting standards in the jurisdiction they are registered. They need to ensure they do not support illegal activities like money laundering and underage gambling. They are audited by their respective jurisdiction and fines or sanctions can be imposed to those online casinos that do not adhere to the rules.
It is important to note which licensing the online casino has and whether or not they are abiding by the standards set forth in that jurisdiction. These laws are not the same as New Zealand laws, but given most of these jurisdictions are either in the UK or have UK similar legal systems, just like NZ, the accountability is very similar.
Legal Online Gambling in NZ
Online gambling is legal in New Zealand. All international online casinos are considered legal under NZ law and SkyCity is going to have a branded casino in New Zealand, also legal under NZ laws. For more information on legal online casinos, check out our page on the topic.
Safe Online Casinos NZ
How can you tell if online casinos are safe or a scam? Well, you can check out sites like ours that do the work for you or you can check for yourself. We recommend checking each casino you are interested for the following:
- Is the online casino licensed, click the link from the website to see if the license is real
- Is the casino audited by external parties like eCOGRA or GLI
- Is the casino reviewed on major affiliate websites?
- Is the website always encrypted with SSL (https)
Secure Online Casinos NZ
Ensuring your game play and financial transactions at online casinos is secure and discreet, you need to make sure that at all times the website is encrypted with SSL. The URL will have https at the start. This is important for both the casino and the casino games you are playing, but also for any deposit or withdrawals you make. When a new browser window opens for financial transactions, ensure that it is also SSL encrypted.
Online Casinos NZ: What We Look For
We have already highlighted the base requirements of being a trusted casino by having respectable licensing from legitimate jurisdictions. Now let’s look at the criteria we looked at for the best online casinos in NZ. Or you want to just skip to the best online casino NZ list.
Real Money Casinos in NZ
First up, we are only talking real money casinos. As you will see shortly, you can play at some casinos for free, but even those you want to make sure you can win real money from things like no deposit free spins.
There are plenty of social media gambling options and free slot apps, but when it comes to getting a huge thrill out of online gambling there is nothing like playing at an online casino with real money.
To be fair, the choice of the best real money casinos is perhaps one of opinion, so check the link provided here to check our top picks against other online casino resources.
NZD Online Casino
New Zealand dollar online casino play is the only way to play for real money. So do not get trapped in the money losing conversion fee trap. You do not need to as all of the casinos we review take NZD and, all the best ones do. Every one of the online casinos take a variety of banking methods in NZD that make it easy for you to deposit and withdraw from the casino. So, stick with New Zealand dollars unless you happen to have an account in another currency so you can avoid hefty fees.
Fastest Payout Casinos
Ok, so you play with NZD and now you have won some money. The legitimate casinos will require you to provide documentation to prove you are a real person, but after that the online casino had better payout fast. Why, because we want our money! Onlien casinos have something called a dwell time, which is the amount of time the casino takes to process a transaction. Some big casinos, like Jackpot City, Zodiac Casino, Captain Cooks and Spin Casino, take up to 3 days before they process your payment.
The best online casinos payout in under 24 hours with the fastest payout casinos coming in under 2 hours. Note that the payout time will be the dwell time plus the payment method specific time. E-wallets payout immediately whereas credit cards and bank cheques can take a week or more.
Online Casino Games
Online Casinos generally do not have their own software and use casino software suppliers, or providers, to power the games at their casinos. The oldest and biggest game suppliers are Microgaming, NetEnt and Playtech. There are plenty of other great pokies and games out there though. So all of the best online casinos are multi-software casinos. They do not just have Microgaming games but those plus hundreds of more. We like more options when it comes to playing online casino games and think you will too. Whether you like table games, live casino games, online scratchies, keno online or pokies, they will have you covered.
Online pokies are by far the most popular casino game in NZ. With over 5000 different options online, there is no shortage of online pokies for NZ slots fans. The best online casinos will have over 1000 pokie machine games on their website.
Pokies get their name from poker machines, a term once used in the history of slots that now dates back a hundred years. The term is now used in Australia and New Zealand to denote online slots as well as online casinos in general.
The most popular pokies in New Zealand generally come from either NetEnt (Net Entertainment) and Microgaming. These include Starburst, Finn and the Swirly Spin, Gonzo’s Quest, Guns N Roses, and Jimi Hendrix pokies from NetEnt and Immortal Romance, Bridesmaids, Jurassic Park, Thunderstruck 2, Break da Bank again and Ariana from Microgaming.
Aristocrat pokies are the most familiar to Kiwis a these are the pokies we play at the casino or local. Unfortunately, Big Red, 5 Dragons, Buffalo, Choy Sun Doa, Dolphin Treasure, Where’s the Gold and Queen of the Nile are not available to play at any online casino anymore.
Free Spins NZ
What could be better than online pokies in NZ, free spins on those online pokies is what! Kiwi’s love free spins. It is by far the most searched for term on Google.co.nz as far as online casinos go. What makes free spins so great. Well, it is usually given as a little something extra on top of the regular welcome bonus and casino affiliates often give these additional bonuses. Why not get more for less.
Free Spins No Deposit NZ
Which brings us to no deposit free spins. The only thing better than online casino free spins is ones we don’t have to put anything down to get. Casinos use free spins no deposit to try and lure new players to check out their casino. The bonus to the player is a chance to win real money and keep what you win. Unfortunately, there are usually heavy wagering requirements on no deposit free spins, but hey they are free right?
The best online casino in NZ is the one that passes our trustworthiness requirements and has the casino games you like to play.
If the online casino has trusted licensing from jurisdictions that include the UK Gambling Commission, Malta Gaming Authority, Curacao eGaming, or Gibraltar, then they can be considered trusted. If an online casino does not carry legitimate licensing, you can be assured they are a scam. Make sure you click on the link provided on the casino website to ensure it links to a legitimate license.
If you want to cash out any winnings at an online casino it is better if they process that payment quickly. Each online casino has a dwell time to process payments. The best online casinos payout in less than 2 hours.
Your Accounting at Online Casinos
If you want to win at online casinos it is necessary to make sure you have high standards with your bookkeeping. Always define how much you are going to gamble with and stick to it. It is important to keep track of how much you are winning or losing.
Also keep in mind that Online Pokies can give you a false impression that you are winning when you are not. The technique that the online casinos use to do this is called “near misses”. This is when you have a “win” on the pokie machine but the win is less than the bet. You still get the same light and sound show from the pokie game taht coems with a real win, except you have lsot a small amount of money.
Responsible Online Gambling
Problem gambling is a, well, problem in NZ. The statistics show (pdf) that 2% of adult gamblers in New Zealand are either problem gamblers or “at risk”. Also in that report, 48.8% of those reporting to the Problem Gambling Foundation say that the cause was non casino electronic gaming machines (pokies).
Please be aware of your limits and keep in mind that online gambling should be fun. If it stops being fun and you feel you may have a problem, please contact the Gambling Helpline.
Who we are:
We are a group of former chartered accountants that look at the online casino industry in New Zealand and abroad. We verify that each online casino we review meets certain safety, security and accountability guidelines. We dig deep into licensing and jurisdictions to ensure that the online casinos are legitimate and live up to the high expectations that we require before doing any online gambling.
ASRB.co.nz was a website used by the Accounting Standards Reviews Board which was renamed in 2012 to the External Reporting Board. We liked the name so when they let the domain go we decided to become the Online Casino Accountability Standards Review Board in an homage to the former website.
What do accountants have to do with online gambling in NZ?
Chartered accountants are responsible for local and international standards of financial statements, Business tax returns and business practices. Their deep understandings of the legislation, jurisdiction, accounting, financial and responsible gambling systems give them a unique look at whether the online casinos catering to New Zealand are trustworthy and legitimate. We are not promoting ourselves as chartered accountants but merely the using our specialized knowledge to give you a better understanding of what it takes to be a trusted online casino.
Feel free to give us feedback or ask any questions at [email protected]