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Gambling operators across the globe require certain licenses from recognized committees in order to legally operate in a country. Licenses are given only if a casino fulfils the required standards of security, safety, confidentiality, and reliability. Gambling activities of NZ companies are managed by The Gambling Commission which is monitored by the Department of Internal Affairs.
This body was founded in 2003 and provides licenses to the casinos, approves agreements between casino venue license holders and the operators.
The Malta Gambling Authority Or MGA
This Gamblign authority was founded in 2001 and was initially known as the Lotteries and Gaming Authority which was later revised in the year 2015. The aim of this organization is to monitor and regulate different areas of the gambling industry in order to promote and feature transparency and fair play of all the games that are offered.
MGA regulates all the different sectors of gaming in Malta especially slot machines, table games, online poker and also provides licenses for casinos entertaining the punters from New Zealand. It also supervises the non-profit games, advertising lotteries, national lottery, gaming devices, skill games, land-based casinos, and bingo halls. MGA has more than 500 sites under their licenses.
The Malta Gambling Authority is known to provide different types of licenses:
- Pool and Sportsbook operations like odds betting and spread betting
- Player vs player gambling operations like betting exchanges, gaming
- Online Gambling Operators for lotteries, slot machines, table games, skill games
Each of these licenses costs around €25,000 on an annual basis. A license for gaming software vendors for hosting and managing the operations of virtual gaming costs around €10,000 on an annual basis.
The Gibraltar Betting And Gambling Association Or GBGA
The GBGA represents the operations of online gaming in Gibraltar and is a trade association operating since January 2005. It works upon the legal and regulatory matters and promotes the online gaming industry in fair means. This committee aims at giving the governments, policymakers, and regulators a clearer understanding of Gibraltar online gaming and the significance of the industry to Gibraltar so that the legislation and the regulators can formulate their policies in the most considerate manner in order to create a highly competitive and transparent market for consumers.
All members of the GBGA are committed to promoting responsible gaming and the highest possible industry standards in order to ensure that the consumers are fully protected while they enjoy playing games and betting online. These licenses are famous among online casinos allowing the kiwis.
The Isle Of Man Gaming Commission
This commission is one of the oldest gambling regulatory bodies that are still operational today. It was founded in 1962 and is responsible for the regulations and licensing of all online as well as brick-and-mortar casinos on the island. The Isle of Man Commission offers various types of licenses which include:
- Gaming machines
- Land-based casinos
- Betting Offices
- Online gambling
Casinos that require a license from this committee must undergo a series of requirements for documentation and submit details about their business plans …….
Source: https://nativenewsonline.net/advertise/branded-voices/top-casino-licensing-authorities-for-kiwis