Industry News

New Zealand to Ban the Use of Credit Cards for Online Gambling

Published

6 years ago

August 1, 2019

New Zealand to Ban the Use of Credit Cards for Online Gambling

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The New Zealand Department of Internal Affairs is planning to ban the use of credit cards for online gambling. The plan for a ban emerged after the local casino operator SKYCITY Entertainment’s plan to launch online gambling in the country.

Currently, TAB and the state-run Lotto are the only entities authorised to offer online gambling products to the Kiwis.

Skycity partnered with a Malta-based gambling operator to offer online gambling services in New Zealand. The gambling services would be provided by its Malta-based subsidiary company SkyCity Malta.

Experts said that it is the potential launch of SkyCity’s online gambling operations in the country that has prompted the gambling watchdog to consider banning gambling with credit cards.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.