The Ultimate Gamblers FAQ
Players in New Zealand just starting out playing casino games at online casinos generally have plenty of questions and our mission is to create a one-stop resource for any questions and concerns that players may have. With everything from the legality of the industry, taxation of winnings and finding reliable and licenced online and mobile casinos, MobileCasino.co.nz has all the answers to your FAQ’s!
Is Online Casino Gambling Legal?
Online gambling as a whole is a legitimate, highly governed and a fully regulated industry that generates billions of dollars of revenue every year. There are many governing bodies that oversee the industry and ensure ethical practises. The online casino industry in New Zealand on the other hand is a bit more complex – while citizens of New Zealand are legally permitted to play their favourite games at a number of offshore online casinos, they are not permitted to do so on any sites that are based in and operating out of New Zealand. Essentially local online casinos cannot cater to local players.
Are My Winnings Taxable?
Unlike the gambling laws of other countries, New Zealand gamblers are under no obligation to pay taxes on any of their winnings, unless online casino gambling is the sole source of income. In that case, players will be liable for income tax. If you consider yourself a professional gambler, then the best thing to do is register as one.
How Do I Claim Casino Bonuses?
One of the greatest advantages to the online and mobile casino industry is that players will have a wide range of casino bonuses to choose from which will see a substantial bankroll boost. Most online casino bonuses will have playthrough requirements attached in order to qualify for the bonus, and players in New Zealand are advised to read through these carefully before accepting a bonus of any kind. However, the best online casinos will offer simple, step-by-step instructions on how to claim casino bonuses.
What Are My Banking Options?
Due to the fact that all players in New Zealand will be making use of offshore online casinos, the range of banking options will differ from site to site. However, a good number of sites will accept play in NZ$ so there is no need to worry about exchange rates, but if NZ$ are not accepted, there will be many options for payment such as e-wallets such as Citadel, pre-paid cards and of course all major credit cards are accepted.
How Do I Find Safe Sites?
In order to find reputable and licenced online and mobile casinos, players are advised to do plenty of research. At MobileCasino.co.nz we have made it our mission to only recommend safe sites to players in New Zealand, and we guarantee that we will only recommend online casinos that are fully-licenced, regularly inspected by third-party auditors, have the seal of approval from major regulators such as eCOGRA, and use the latest in online casino Secure Socket Layer encryption software to ensure the safety of your personal and financial information.