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All Airpoints members who upgrade to Silver will receive a OneSmart by default. If your OneSmart Card expires, you will still be able to obtain your money loaded onto your OneSmart facility from EML through a cash out. Before you close your account, make sure you’ve transferred your money out of your account. You can also transfer any remaining balance back into NZD and into your bank account.

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Betsson was awarded the Safer Gambling Operator of the Year at the International Gaming Awards for three consecutive years, underscoring our dedication to high standards. In a statement to RNZ, Racing Minister Winston Peters said he had “received correspondence” regarding the TAB’s proposal, but he would not change the law to allow the TAB to run an online casino. “It creates a perverse incentive where we want to see gambling in our communities increase, because more money then flows back into the community, and that was not something I felt comfortable with under this law.” “Effectively, in Class 4, 100 percent all the profits have to be given away. Well, in this instance, none of it has to be given away,” he told RNZ.

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• Betsson also received the ESG Strategy of the Year award at the EGR Operators Awards, highlighting our commitment to environmental, social, and governance standards.
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• Gambling services were expressly recognised at the time of enactment as being an example of services which would be within scope of the remote services GST rules.
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In the aftermath of a huge result for the All Blacks versus South Africa, we thought we’d explore the link between online casino games and sport more closely. There are countless options out there for sports lovers these days, from sports-themed online slots to enthralling live casino games. Stay with us as we explore the best online casino games for sports lovers. Welcome to our guide on finding the online casino with the best payouts! If you’re looking to maximize your winnings and experience ultimate gaming satisfaction, you’ve come to the right place.

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“A delay in the legislative net is costing TAB NZ approximately $1.5m per month in payments from Entain – funds that will never be recouped,” it said. “There is also (the) significant downstream effect of Kiwis aged 18 to 35 being acquired by offshore operators at a greater rate than the TAB.” “We don’t have a huge online gambling market, so I would expect that it’s mainly offshore providers.”

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Gambling expenditure in New Zealand has increased steadily over the last decade, and the games bridging the gap between sports and online casino games are a huge reason why. A November 2024 Cabinet paper on the new gambling market says forcing online casino operators to pay community grants might put them off bidding for a license. The new law will ban operators who don’t have a license from offering online casino gambling to New Zealanders, with fines up to $5 million. Foreign companies are set to dominate New Zealand’s internet gambling market as the government auctions online casino licences for the first time. Stay tuned as we take a deep dive into the world of online casinos with the best payouts, bringing you closer to that life-changing win. Today, while it is illegal for online gambling to be provided domestically, except by authorised providers (Lotto NZ and the TAB), it is legal for New Zealanders to gamble on offshore websites.

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The TAB, which is a statutory entity, is barred from offering online casino gambling under current laws. “If a shift to online gambling on offshore operators results in a move away from other forms of gambling like TAB NZ or Lotto NZ, there could be a negative impact on current community funding streams.” The winners of the online casino license auction will have to pay GST, a 12 percent gambling duty and the problem gambling levy but not community grants.

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There is little international precedent for National’s proposed tax. The only other example of a targeted gambling tax that the authors identified is the controversial 28% tax on online gaming introduced in India. Our online casino is licensed by the Malta Gaming Authority (MGA), ensuring the highest standards of fairness and security.

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The TAB told Peters there would be “severe implications for TAB NZ if this fast-growing online casinos market cannibalises our existing operations by being legitimised in NZ in an open market context”. Unlike Lotto, the TAB, casinos or the pokies, the successful bidders for the online casino licenses will not be required to pay any money to community groups. We need to update our laws for today’s digital world and future proof them as much as possible. Work is underway to develop a safe, regulated online gambling system for New Zealand that keeps people safe, allows only trusted providers to participate in the market, and contributes to the community.

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You can use your OneSmart for transactions anywhere Mastercard® is accepted electronically overseas. You can also use OneSmart to withdraw local currency from ATMs as long as the ATM machines carry a Mastercard® symbol. There is an additional layer of anonymity and protection against fraud that comes with Paysafe cards – you make deposits without sharing sensitive financial information. It is unclear to what extent offshore operators are located in jurisdictions with which New Zealand does not have a DTA. Where an offshore operator is located in such a jurisdiction, concerns about the imposition of income tax constituting a breach of a DTA would not be applicable. In those cases, New Zealand would have a right to tax the business profits of offshore operators sourced in New Zealand.

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