Nigerian Vs. New Zealand Gaming Industry: Comparison

Nigerian Vs. New Zealand Gaming Industry: Comparison

Different rules govern the lottery industry in different jurisdictions. Gaming is outlawed in certain nations across the globe, while Nigerian Vs. New Zealand Gaming Industry: Comparison have very strict regulations that online and land-based gambling businesses must follow.

On the other hand, some states have been more liberal and have created a conducive environment for the lottery industry to prosper. The gambling laws and regulations in Nigeria and New Zealand differ in a number of ways. Continue reading this article to learn about the differences in gambling legislation between the two countries.

Gambling In Nigeria
Gambling has always been a thing in Nigeria, although it was once considered an antisocial pastime that was actively discouraged. The National Lottery Regulatory Commission is the primary body that regulates gambling in Nigeria. Under the National Lottery Act of 2005, the National Lottery became legal in the country. The legislation distinguishes between skill-based games (which are considered legal) and chance-based games (which are frowned upon and illegal). Land-based casinos, lotteries, and sports betting are all legal kinds of gambling, although dice games, roulette, slots, and non-skilled card games are illegal. The law makes no particular provision for regulating virtual or Internet gaming. In Nigeria, the minimum legal gambling age is 18 years old.

The law also allows the state to operate racing totes and betting pools.

Players who engage in illegal gambling will face a punishment of up to 40 NGN, up to three months in prison, or both the fine and the prison sentence. There are other regulations that make owning gaming machines illegal. The GAMING MACHINES (PROHIBITION) ACT, for example, makes it illegal to own a gambling machine. Violations can result in a one-year jail sentence. The consequences for illegal gambling operators, owners, promoters, and banks are significantly more severe. However, when it comes to preventing such crimes, the police force is frequently understaffed. As a result, the gaming business has been pushed to the margins where they thrive.

Illegal gambling in Nigeria
Nigeria is home to several underground casinos, unlawful lotteries, football mafia bookmakers, and locally controlled online and land-based illegal betting platforms. There is no player protection in the jurisdiction because the players are also committing a crime. The player has nowhere to turn if a casino rigs a game, a bookie refuses to pay, or other scams are perpetrated.

Because gambling scams are frequent in this area and there’s no player protection, it is significantly safer to wager on licensed and controlled websites in other countries. Gambling sites regulated in the United Kingdom or within the European Union where gambling is permitted remain one of the best options for Nigerian punters to look at.

This is a wonderful concept because even Nigerians can file a complaint with a European regulated gaming site via email or online. You have the liberty of filing a complaint with sanctioned arbitrators, the country’s gambling commission, or even the local police.

Because these gambling businesses in those areas are lawful, there are numerous avenues for player protection. The sites within the EU are aware of this, and because the vast majority of online and land-based casino users are already truthful, it is rare to hear about such complaints.

Also, recall that these sites are not under the jurisdiction of our local police. They are breaking Nigerian law, but the law does not apply to them because they are not in Nigeria. The police in Nigeria are unconcerned about preventing gamblers from accessing European-licensed websites.

Gambling in New Zealand
In New Zealand, betting is illegal unless permitted by authorities who follow the Gambling Act of 2003. Nevertheless, New Zealand has recently seen a rise in real slots in online casinos and offline premises. Other types of betting are not permitted in the country, such as restricted prizes, online betting, and marketing offshore gaming.

Even though there is still a range of potential directions for gambling in New Zealand to go, various documents have helped structure the business. In New Zealand, the Lottery Act divides betting into four categories: class 1, class 2, class 3, and class 4. Maximum incentives, turnover, and the type of operator are all different for each class. The following are the classes and their descriptions:

Class 1 – The gambling reward cannot exceed $500 in this class. Winners in this category receive the full prize pool. Individuals are permitted to engage in this type of gaming.

Class 2 – the top prize in this category is $500,000. Class 2 has a turnover of $500 to $25,000 per year. Even though this class does not require a license, it must be run by a society.

Class 3 and 4 – the prize pool in this category exceeds $500,000. A gaming machine is required for class 4. To operate a gaming business in categories 3 and 4, you must have a license.

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