New Zealand Parliament passes online casino bill with 15-licence cap
New Zealand’s Parliament passed the online casino bill at its final reading, and it is awaiting Royal assent, according to the report. The proposed system would limit licences to 15 and give the Department of Internal Affairs powers to issue takedown notices and impose penalties of up to $5 million for serious cases.
Operators would face a capped licensing system, tax obligations and stronger enforcement if the bill becomes law.