New Zealand Minister Proposes Safer Online Gambling Bill, Sets Stricter Rules for Operators
Minister Brooke van Velden's Bill to regulate New Zealand's online gambling market passed its first reading in Parliament, aiming to protect players and ensure safer gambling practices. The Bill allows for up to 15 online gambling licences to be auctioned, with strict criteria for companies to meet, including harm prevention strategies and compliance history. The Department of Internal Affairs will enforce the new regulations, with fines of up to $5 million for rule violations, and public submissions on the Bill are encouraged as it moves to the select committee stage.