Online Casino Licenses
The internet revolution has made it possible for anyone to set up a casino, based anywhere in the world. All they need is an internet connection and a level of technological expertise.
In reality, however, most countries in the world do not allow operators to run online casinos from inside their territory, mainly because they have found it difficult to keep up with and to regulate the rapidly evolving online casino industry. This means that there is a high demand for those jurisdictions that do permit casino operators to set up online, and for their licenses.
By Amelia Smith - Last modified 14/01/2025 - Estimated reading time: 5 minutes.
Table of contents
Licenses
How Licensing Works
Regulating an online casino is a complex process. Regulatory bodies conduct thorough initial checks, assessing the credentials of individuals establishing the company, the fairness of the gaming software, and the financial stability of the operating entity.
In well-regulated jurisdictions, applicants for an online gaming license must provide extensive information, including references, business plans, clean criminal records, and financial evidence. Some authorities evaluate this data directly, while others delegate to professional auditing firms that focus on financial backing and software integrity.
Notably, many software providers enforce strict criteria before permitting operators to use their products, offering additional assurance to players seeking reputable sites.
The rigor of licensing requirements varies significantly. For instance, in Gibraltar, obtaining a license is challenging unless the applicant is an established gaming provider with a proven industry track record. While this may be frustrating for some potential operators, it benefits players by ensuring that sites licensed by stringent authorities are more likely to be safe and reliable.
Which Licenses Should You Look For?
As a New Zealand online casino player, you have access to numerous sites worldwide. Choosing the right one is crucial. It's essential to identify the site's operator and ensure they are reputable, reliable, and committed to providing adequate player protection and support. Rogue operators exist, and by verifying a site's license, you can gauge its legitimacy.
Currently, there are no licensed online casino sites by the New Zealand Gambling Commission, as they do not permit online casino games to be offered from New Zealand. However, legal New Zealand-based sports betting is available.
A useful guideline is to prefer sites licensed by European authorities. European regulators, such as those in the UK, Malta, and Gibraltar, enforce stringent criteria for casino operators, both in obtaining a license and in ongoing operations, largely due to European Union oversight.
Here is a brief guide to five well-known licensing bodies:
Gibraltar Regulatory Authority
Gibraltar, a UK territory at the southern tip of Spain, has a reputation for offering attractive offshore banking credentials and has become a base for several betting companies. The Gibraltar Regulatory Authority has issued over twenty licenses for online operators. The application process is stringent, and approved operators are closely monitored by the Gibraltar Gambling Commissioner.
Malta Gaming Authority
Malta, an island in the Mediterranean, hosts one of the world's most recognized casino licensing bodies. Established in 2001, the Malta Gaming Authority oversees all gaming activities and possesses extensive enforcement powers. Licenses in Malta are challenging to obtain and require renewal every five years. The Authority collaborates closely with the Maltese government and local police to ensure strict regulation.
UK Gambling Commission
The UK Gambling Commission, established in 2005, is among the most prestigious online casino licensing bodies. In 2014, its remit expanded to include licensing any operator offering online casino gaming to UK players. The application process for a UK license is exceptionally rigorous, contributing to the high regard for UK-licensed sites. The Commission also maintains a whitelist of reputable online casino gambling jurisdictions. Note that a UK gambling license does not permit offering games to New Zealand players; a separate license, such as a Maltese one, is necessary.
Kahnawake Gaming Commission
Located in the Mohawk territory of Quebec, Canada, the Kahnawake Gaming Commission has been licensing online casinos since 1999, making it one of the oldest licensing authorities. Initially, it did not have the best reputation among online players, but it has improved over the years by tightening its regulatory framework and forming links with other licensing authorities.
Curacao eGaming
Curacao, a Caribbean island, boasts one of the world's oldest online gaming jurisdictions, dating back to 1993. Curacao eGaming, which manages the island's licensing activities, offers a business-friendly environment for online operators, including low taxation rates, minimal fees, and a single license covering multiple gaming types. However, its reputation among players is mixed. Users should seek additional verification to ensure a site licensed in Curacao is trustworthy before depositing money.
Frequently Asked Questions about the New Zealand Gambling Commission
What is the most reputable licensing authority?
The UK Gambling Commission is widely regarded as one of the most prestigious licensing bodies, with stringent requirements for operators.
Are there any New Zealand-licensed online casinos?
No, the New Zealand Gambling Commission does not license online casinos, although it allows legal sports betting within New Zealand.
How can I verify a casino's license?
Check the licensing details displayed on the casino's website. Verify the information through the official site of the licensing authority.
Is it safe to play on Curacao-licensed casinos?
While some Curacao-licensed casinos are reputable, players should seek additional verification for safety and trustworthiness.
Why prefer European-licensed casinos?
European regulators like those in Malta and Gibraltar enforce strict regulations and provide robust player protections, making them safer choices.
Can New Zealand players access UK-licensed casinos?
No, UK-licensed casinos are restricted from offering services to New Zealand players. Look for casinos with other reputable licenses.