Whilst there has been some kind of regulatory body in the gambling world or Igaming ever since the Venetians set up the Casino di Venezia back in the 17th century, these days there are more than ever before. It’s great news for us gamblers too because it means we can rest in the knowledge that we are as safe as possible to play Phone Casino online.
The iGaming regulatory bodies are different in each country, and today we’re going to take a look at what the regulatory bodies of iGaming are in New Zealand. Read on for more!
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What is the point of online gambling regulatory bodies?
Right then, whilst there will be plenty of gamblers out there who perfectly understand the importance of online gambling regulatory bodies, there will also be a whole load of people who aren’t nearly as well educated. In fact, for some gamblers, regulatory bodies can appear bad at first because of the rules and regulations, but this is very far from the truth.
Here are a few reasons behind the existence of online gambling regulatory bodies:
- Keeping online casino sites safe, secure and legitimate: The main reason behind online gambling regulatory bodies is that they provide a way to ensure that as many online casino sites are operating safely and within the law as possible. Nowadays an online casino site without a seal of approval from an iGaming regulatory body will stick out like a sore thumb.
- Ensuring gamblers stay safe: Another reason behind the formation of iGaming regulatory bodies is to keep gamblers safe online. One way in which they do this is by keeping online casino sites in check, however, they can also act when parts of the industry are seen to step out of line with responsible gambling promises.
What are the regulatory bodies of iGaming in New Zealand?
Okay, those are a couple of reasons behind the critical importance of iGaming regulatory bodies across the world, now let’s get a bit closer to home and look at regulatory bodies of iGaming in New Zealand. Pokies are all the rage at the moment, but they need organisations like this to ensure they are kept safe:
- New Zealand Gambling Commission: Just like in the UK, the New Zealand Gambling Commission was created in 2003 after a new set of gambling legislation was passed to cope with the changing gambling landscape. Ever since then the New Zealand Gambling Commission has been overseeing all types of gambling in the country, making sure that New Zealanders are always going to be as safe as possible.
A few other high profile regulatory bodies across the world
As we said before, it isn’t just New Zealand that has its own regulatory body for iGaming, in fact, there are several different organisations across the world making sure online gambling is done in a safe and controlled manner. Here is a couple of the most famous:
- UK Gambling Commission
- Malta Gaming Authority