New Zealand enacts online gambling law with 15 licence cap
New Zealand’s new online gambling law allows up to 15 operators to hold licences, according to the report. Applicants must pass checks before licences are auctioned to the highest bidder; initial licences last three years and may be extended once for five years. The law also sets a 16% online gambling tax rate from 1 January 2027.
Operators must qualify for a capped licence and adjust to the new tax rate and player-protection requirements.