Year: 2023
New NZ govt scraps smoking ban, wants to tax online gambling
If you thought the National Party was striking down offshore online gambling to protect its people and minimise addiction, you’re likely to question that moral standing now. The new government body recently announced its plan to roll back New Zealand’s world-leading smoking ban that safeguards future generations against the deadly consequences of cigarettes.
NZ online casinos and tobacco have something in common that the National Party wants: tax money. By ending the prohibition of tobacco products for those born after 2008, the government will be able to profit from a revival of the tobacco industry, which will fund their tax plan.
In 2011, New Zealand ambitiously aimed to reduce its cigarette smoking rate to just 5% by 2025, setting one of the boldest public health goals globally. After years of work, experimental legislation has set limits on the amount of nicotine allowed in cigarettes (making them less addictive) and narrowed down the number of retailers allowed to sell cigarettes by 90%.
Finally, a bill was passed banning the next generations, or anyone currently under 14, from ever buying cigarettes within New Zealand, creating an ever-rising minimum age for purchasing tobacco. Health bureaus around the world hailed such a daring and unprecedented move for social progress and welfare ‒ so much so that the U.K. is planning to follow suit.
The scheduled legislation, set for implementation by July 2024, proposed stringent measures with severe penalties for any breaches. Among these measures were fines that could reach up to NZ$150,000, emphasising a strong deterrent for non-compliance.
But, that was during the reign of Labour. Less than a year after officially passing the bill, it’s been reversed by National in an effort to provide funding for tax cuts to New Zealand’s struggling middle class. Such a drastic move has left public health officials and anti-tobacco groups enraged.
To soften the blow, Prime Minister Christopher Luxon highlighted the ongoing decline in smoking rates within the country and reaffirmed his steadfast dedication to curbing tobacco usage. The Prime Minister told Radio New Zealand, “Smoking rates have come down under successive governments, and they’ll continue to come down under our government.”
Health Coalition Aotearoa (HCA), an anti-smoking group, made a poignant statement to the news, saying, “This is a major loss for public health, and a huge win for the tobacco industry whose profits will be boosted at the expense of Kiwi lives.”
They went further to place accountability on the government and its part in a healthier New Zealand, “Turning the tide on harmful products that are entrenched in society cannot be done by individuals or even communities. It takes good – and brave – population-level policies.”
Unpacking the leading National Party’s plan for taxing offshore online gambling
A rising cost of living has caused many Kiwis to struggle for daily necessities, so it makes sense to implement an income tax plan that may relieve some of that pressure. But when it comes to tobacco laws, many health professionals are questioning: at what cost?
In an ABC News interview, Dr Sarah Jackson from University College London’s Tobacco and Alcohol Research Group described the reversal as a “short-sided measure” and that the effort to provide tax cuts now would quickly be offset by the rise in healthcare costs due to smoking.
Nonetheless, National’s tax plan promises noteworthy reductions in conjunction with the FamilyBoost tax rebate policy. For example, a family earning $120,000 annually with dependent children would gain an extra $250 bi-weekly. Households without children would secure an additional $100 every fortnight.
Conversely, individuals on lower incomes would experience more modest increments. For instance, someone earning $60,000 yearly would retain an extra $50 bi-weekly. Similarly, a full-time worker at minimum wage would see a $20 increase in their bi-weekly earnings, while a couple reliant on superannuation would enjoy a $26 fortnightly boost.
As mentioned, rolling back these anti-smoking initiatives has a similar end goal as closing New Zealand’s gambling loophole. The government will track both established and new online casinos in NZ that operate offshore, which was announced in National’s Back Pocket Boost.
The policy targets high-ticket sectors and directs those funds toward what they call “the squeezed middle”. To fund this relief effort, NZ’s online casinos will take the hit along with three other measures, including a foreign buyer tax on multi-million dollar houses, a new user-pays levy for immigrant visas, and ending the commercial building depreciation tax break.
Currently, foreign online casinos are allowed to operate in New Zealand with zero repercussions. National proposes that these casinos, which are registered outside the country, would have to pay a 15% tax to keep doing business in NZ. These changes would mean that even NZ’s best online casino options would have to cease operations unless they pay their dues to the government.
A regulatory regime is currently in the works, which will utilise an IP geo-blocking system. This technology creates a way for the government to automatically decipher the location of online casinos and block players from using the site if the gambling operator hasn’t registered for taxes in New Zealand.
New online casinos in NZ may very well have more hoops to jump through to stunt the growing “tax loophole” if National’s plan succeeds. Furthermore, top paying NZ casinos will have to consider the expensive price tag attached to the New Zealand market.
Kiwi players in all provinces of the country may notice less variety, with the sphere of NZ online casinos growing smaller after the hike in government fees. However, some may find that a fair trade while paying less income tax and receiving tax credits.
Despite its relatively recent presence in New Zealand, the online gambling market has swiftly expanded and is now estimated to be nearing NZ$200 billion, reflecting its massive and rapid growth. While certain companies willingly adhere to governmental requests, establishing a comprehensive regulatory framework poses a significant challenge.
National hopes that closing this tax loophole on such a large (and growing) industry will provide a considerable chunk of change. If we’re looking at numbers, they aim to create nearly $180 million in revenue through offshore online gambling taxes to help pay for its $14.6 billion fiscal policy.
Data of online gambling in NZ
New Zealand has witnessed a surge in online gambling, with a growing number of Kiwis turning to iGaming instead of local casinos and pokies. It makes sense, as NZ online casinos are generally considered safe, inexpensive, and low-risk. Plus, you can play from the comfort of your own home ‒ or anywhere, really.
According to Statista market data, projections for the online gambling industry indicate a steady upward trajectory in revenue, with an expected annual growth rate of 7.12% (Compound Annual Growth Rate 2023-2028). This progression is set to propel the market volume to an estimated 2.29 billion by 2028.
Furthermore, it’s expected that around 590,900 people will be using online gambling services in New Zealand by 2028. This means a lot more folks will likely start using these platforms in the coming years ‒ as long as the new government restrictions don’t severely alter the future of online casinos.
But, seeing as around 80% of Kiwis gamble in one way or another, it’s more likely that the forecasted changes will affect offshore casino companies more than the players. If New Zealanders can no longer use their favourite top paying online casino in NZ, they’ll have options to get their fix elsewhere.
It’s also important to see the counter effects of such a strong gambling culture. For example, in 2018, roughly 76,000 New Zealanders aged 15 and above faced moderate to high risks associated with gambling. And as previously discussed in this article, New Zealand’s low-income and middle-class communities are already struggling financially.
What to expect in 2024
While announcing the new tax relief policy that will affect offshore online gambling, PM Chris Luxon said: “This plan confirms that a National government can do what we’ve said all along that we will do, which is to put money in the back pockets of New Zealanders as part of a prudent, fully funded and balanced tax plan.”
“As well as providing tax relief, we are going to tackle the underlying drivers of inflation and we are going to bring it down, and lower inflation will almost certainly mean lower interest rates, and quite simply, New Zealanders will be better off with a National government.”
So, when should Kiwis expect these transformational policies to occur? National’s Financial Advisor, Nicola Willis, says, “In terms of the timing for these changes, the full relief will be available from 1 July next year. The WFF [Working for Families] changes will be available a little earlier, on 1 April next year.”
As far as the restrictions for NZ online casino enterprises, we should expect a regulatory regime to go forward in 2024. Although there are doubts as to how much gambling revenue will actually contribute to income tax relief, the government has identified that there is a tax loophole that needs to be addressed to ensure offshore casinos are paying their fair share.
Not many New Zealanders can argue that there’s a clear tax loophole that, if fixed, would mean gamblers would not just be losing money to foreign companies outright. Instead, the choice to gamble online would contribute to a circular economy within the country’s borders and be a benefactor in alleviating the high cost of living for Kiwis.
When it comes to lifting the countrywide smoking ban? Well, we can’t speak on the detriment of that just yet. But it seems quite clear that boosting the economy is the National Party’s first priority, even if the welfare of smokers and offshore casino companies will suffer as a consequence.
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The NZ Gambling Discussion Submissions: Shedding Light on implications for gamblers
By Daniela Rose
The future of online casinos has been the subject of extensive discussion, with participants sharing diverse perspectives on key issues. This article explores the major themes and proposals raised in the New Zealand Gambling Discussion submissions, shedding light on potential implications for local gamblers.
Exploring Ideas, Interests, and Concerns
In a comprehensive evaluation of online gambling in New Zealand, the majority of respondents advocated for consistent regulation across online and land-based gambling. Self-exclusion emerged as a popular harm-reduction strategy, although some voiced reservations about its efficacy, particularly for those grappling with problem gambling behaviours. Additional measures, such as credit card and public WIFI limits, internet censorship, and proactive education, were championed to enhance understanding of the risks associated with online gambling.
Various technical and policy issues were brought to the fore including restricting access to unregulated sites and addressing the convergence of video games and gambling. Many contributors stressed the need for gaming regulators to mandate warnings on games featuring gambling-like elements to empower consumers to make informed responsible gambling choices.
Challenges and Perspectives on Harm Reduction in Online Gambling
The most popular harm-reduction method was self-exclusion. However, some respondents felt it was insufficient or unhelpful, particularly for those with problem gambling habits. The vast majority of respondents supported credit card and public WIFI limits and internet censorship. While these steps may reduce harm, those who responded said they could easily be bypassed using alternative payment methods, phone data, and VPNs.
Many submitters who supported and commented on reducing harm from online gambling stated that:
- Proactive education was an essential way of helping Kiwis understand the risks associated with online gambling
- The gambling industry needed to accept responsibility for the harm caused by their products
Participants also had significantly divergent thoughts about who may be successful operators in a regulated online gaming system. While Lotto NZ and the TAB were strongly opposed to expanding their current product offerings, other submitters said that if New Zealand does not have a regulated online gaming company, players will continue to use existing unregulated sites. These facilities may need proper damage mitigation procedures and generate tax income for New Zealand or repay revenues to the community.
Several technical and policy issues were presented. This included the challenge of, if required, restricting access to unregulated sites. The capacity for users to self-exclude from unauthorised operators and products was deemed vital by the majority of submitters who provided feedback on ways that may be used to prohibit access to unlawful websites. With minimum deposit casinos, however, these submitters prioritised user autonomy and freedom of choice.
Divergent Views on Gambling Expansion in New Zealand
Debates centred on whether New Zealand should allow a variety of gambling products. Lotto NZ and TAB faced opposition to expanding their offerings, fearing increased harm. Meanwhile, proponents argued that players would resort to unregulated sites without regulated options, potentially lacking proper safeguards. Technical and policy issues were also discussed, including the convergence of video games and gambling.
Consistent Regulation Between Online and Land-Based Gambling
Submitters overwhelmingly advocated for consistent regulation between online casinos and traditional land-based gambling, positioning harm minimisation as the top priority. Proposed harm-reduction measures include setting deposit, wager, and loss limits, implementing time-out features, and providing easy access to play information. However, the specifics, such as operator discretion on spending limits and aligning online and land-based Class 4 gambling machines, triggered debates.
Online Gambling Operators and Products
Options for the future of online gambling operators and products were presented:
Option 1: Lotto NZ and the TAB continue to offer existing gambling products
The majority favoured maintaining the status quo, asserting that expanding options could increase problem gambling. Concerns were voiced about potential negative impacts on funds returned to local communities.
Option 2: Extend Lotto NZ and the TABs online product offering
Supporters argued for expansion, believing it would maximise revenue staying within New Zealand. However, opposition from some quarters stressed the potential harm and normalisation of online gambling.
Option 3: License domestic operators
A study on the feasibility of licensing domestic operators gained traction, with supporters emphasising reduced operational costs and increased charity funds. Concerns were raised about potential gambling problems and reduced contributions to charitable causes.
Option 4: License domestic and overseas operators
Widespread support existed for licensing domestic and overseas operators, aligning with directing consumers to regulated platforms. Specific licensing requirements, such as profit return to communities, adherence to codes of practice, and server locations, were highlighted.
Tools for Restricting Access to Unauthorised Online Gambling
Participants were queried about their endorsement of any options as a means of limiting access to unauthorised online gambling. A total of 187 submitters indicated their preferences or opposition to the options in this section. Among the four options presented, self-exclusion by gamblers emerged as the most favoured tool for restricting access to online gambling.
Self-exclusion
Respondents were asked about their support for self-exclusion as a tool to restrict access to unauthorised online gambling. The feedback indicated robust endorsement for allowing gamblers to voluntarily exclude themselves from using unauthorised online gambling websites.
Those who commented in favour of self-exclusion viewed it as a valuable and vital measure for limiting access to unauthorised online gambling, citing its potential to mitigate harm associated with online gambling. Despite the support, some contributors acknowledged the limitations of this tool. A few expressed concerns about the possibility of gamblers changing their minds after self-excluding and returning to online gambling.
Restrict credit card use
Participants were surveyed on their stance regarding the restriction of credit card use on gambling sites, either through blocking or banning their use on unauthorised websites. This option garnered the highest number of submissions compared to the other three options in this section.
Several supporters of this option believed that consumers should not be able to gamble on credit. However, some opponents of this option argued that while desirable, restricting credit card use would not be effective, as alternative payment methods could be used instead.
Restrict the use of free public WIFI
Respondents were queried about their stance on restricting the use of free public WIFI to access online gambling websites. This option garnered the least submissions compared to the other three options in this section.
Many contributors expressing their views on this option supported the idea of restricting free public WIFI to prevent gambling on unauthorised websites. However, certain supporters of this option acknowledged its potential limitations. They expressed doubts about its effectiveness, citing difficulties in mandating and monitoring restrictions on free public WIFI. Many contributors opposed restricting free public WIFI, deeming it impractical to limit people’s access to the Internet.
Prohibit Kiwis from accessing unauthorised online gambling
Respondents were inquired about their stance on prohibiting those residing in or visiting New Zealand from accessing unauthorised online gambling websites, whether overseas or onshore. This option received strong support, with 122 out of 167 submitters expressing their endorsement for prohibiting New Zealanders from visiting unauthorised online gambling websites.
However, some submitters opposed this option, deeming prohibition too restrictive. Instead of outright prohibition, one submitter suggested discouraging the use of unauthorised online websites, while another proposed making it mandatory to warn individuals when accessing an unauthorised gambling website.
Geo-blocking unauthorised websites
Many contributors endorsing this option believed geo-blocking to be an effective tool, with some asserting that it could deter and dissuade Kiwis from using unauthorised websites.
While less than half of the supporting submitters acknowledged the potential ineffectiveness of geo-blocking due to the prevalence of VPNs, some argued that individuals with gambling problems lacking VPN access would be restricted from unauthorised gambling.
Opponents of geo-blocking argued that VPNs rendered it ineffective, characterising it as a draconian tactic impinges on individuals’ autonomy, freedom of choice, and internet access rights.
Rules and Expectations for New Zealand-Based Gambling Operators
Respondents were asked about their stance on whether New Zealand-based gambling operators should be subject to different rules, expectations, and requirements than overseas gambling operators.
Many supporters of this option argued that New Zealand-based operators should indeed be subject to distinct rules, expectations, and requirements due to their obligation to comply with New Zealand law. Some contributors emphasised that New Zealand’s perspective on regulating online gambling differs from that of other countries.
However, many opponents of this option advocated for a ‘level playing field’ between domestic and overseas operators. They argued that such parity would ensure fairness, requiring both types of operators to adhere to the exact harm minimisation and return to community requirements.
Convergence Between Video Gaming and Gambling
Concerns were raised about the convergence of video games and gambling, particularly the normalisation of gambling-like behaviour among young people. Recommendations included influencing game developers, mandating warnings on games with gambling-like elements, or outright banning such games.
Influence online video game developers
Respondents were queried about whether gambling regulators should have an impact on online video game developers to exclude gambling-like elements in future video games.
Five supporters of influencing game developers elucidated the rationale behind their choice. Three submitters believed influencing game developers would be more effective than banning video games with gambling elements.
Another submitter expressed the hope that the government’s influence would not only exclude gambling-like elements but also foster developers’ understanding of the potential harm these elements could inflict on young children.
On the opposing side, two submitters rejected the idea of influencing game developers, asserting that it would not be successful. One submitter argued that developers would only be swayed if other countries adopted a similar stance.
Warnings on online video games
Respondents were asked whether gambling regulators should mandate warnings on online video games featuring gambling-like elements. Among the three options provided, requiring warnings garnered the highest level of support.
Many supporters of this option believed that placing warnings on video games would raise awareness about gambling elements, enabling parents, children, and young people to make informed choices about playing or avoiding such games. They contended that warnings would inform players of the potential risks of playing video games featuring gambling-like elements.
While only one submitter opposed placing warnings on video games, they argued that warnings alone would not dissuade addicted players. Instead, this submitter suggested that players should be required to undergo a short training module before playing video games with gambling-like elements.
Ban video games that demonstrate gambling characteristics
Supporters of this option argued that regulators should ban video games with gambling-like elements. They expressed concerns about the vulnerability of young people to these games and emphasised the need for protection. One submitter acknowledged the existence of people with addiction and stressed the importance of legislation ensuring that sites offering these games were not accessible to children and youth.
Opponents of the option believed that video games should not be banned, advocating for individual autonomy in deciding whether to play games with gambling-like elements. They suggested that education and persuasion would be more effective in discouraging people from engaging in such games. Some submitters expressed concerns about the potential unintended consequences of a ban, such as consumers being driven to the dark web. They preferred influencing or warning players about gambling-like elements.
Class 3 Operators
Respondents were asked whether Class 3 operators, currently licensed for large-scale lotteries, should be permitted to conduct their lotteries online or via telephone.
Most of those addressing this question focused solely on Class 3 operators, totalling 1946 Coastguard supporters, 685 Heart Foundation supporters, and 96 backers of Class 3 operators. The remaining 170 submitters, both in support or opposition, addressed various questions in the discussion document.
Several submitters favoured the option as it would reduce organisational costs, citing the significant expenses associated with printing and postage. They believed online lotteries would benefit the environment by lowering printing needs and streamlining the donation process. Online platforms were seen as convenient, offering secure online payment options and eliminating the need for mailing cheques.
Opponents of Class 3 operators running online lotteries expressed concerns about the proliferation of gambling options. They believed that online operations added to the existing array of gambling opportunities, emphasising the need for limitations in some form.
Other Key Themes Raised by Submitters
Several additional themes emerged from submitters:
- Class 4 Operators: Calls to lift limits on Class 4 operators, concerns about their financial ability, and links to problem gambling.
- Identification: Strong identification requirements for online gamblers, with suggestions like RealMe or photo identification.
- Sales Promotions: Suggestions to amend the Gambling Act to allow sales promotions through remote interactive devices.
- Community Consultation Meetings: Feedback on harm minimisation, the relevance of the three pillars, the importance of licensing, concerns about enforcement, disruptive methods, and the need for education.
Conclusion: Future of Online Gambling in New Zealand
As New Zealand stands at the crossroads of online gambling regulation, the myriad perspectives and recommendations from the discussion document and community consultation meetings provide a rich tapestry of insights.
Navigating the future entails balancing harm minimisation, regulatory consistency, and the evolving dynamics of technology and gaming. This requires careful consideration of licensing frameworks, identification measures, taxation strategies, and the intricate interplay between gaming and gambling.
Ultimately, the path forward hinges on collaborative efforts to ensure a thriving, responsible, and well-regulated online gambling environment in New Zealand.
Future of the iGaming Industry at SBC Summit Barcelona 2023
The leading titans of the best online casinos from around the world converged in Barcelona from 19-21 September 2023 for the much-awaited SBC Summit 2023. With representatives from casino operators and sportsbooks, 95 countries were in attendance at the summit including key players from the United Kingdom, Spain, Malta, the United States, Germany, and the Netherlands. The key topic of discussion at the event was the future of igaming.
The summit also included a dedicated exhibition area, which was split into five separate zones. This was frequented by some 15,000 industry professionals in attendance. The conference had an unrivalled speaker line-up of 450 industry professionals and over 350 exhibitions.
Key Topics of Discussion at SBC Summit
The gathering aimed to serve as a platform for in-depth discussions, knowledge exchange, and networking opportunities. With the iGaming industry undergoing rapid transformation, the event’s key objectives were:
- Exploring Emerging Markets: The potential of new markets and regulatory challenges.
- Technological Advancements: The latest technical innovations driving the iGaming industry, including blockchain, AI, and virtual reality.
- Responsible Gaming: With increased scrutiny of player safety and well-being, the event addressed strategies for promoting responsible gaming practices.
- Sustainable Growth: Sustainability is becoming a focal point in the industry, and the Summit explored eco-friendly initiatives and corporate social responsibility.
- Global Partnerships: Attendees had the opportunity to foster partnerships and collaborations that could shape the future of the iGaming sector.
The summit featured two exclusive keynote panels of many notable industry-specific personalities, including best-selling author Matthew Ball and Flutter International CEO Daniel Taylor.
SBC Director of Conferences and Relationships Jonathan Whelan led the agenda and provided a fresh perspective on the industry’s adjustment to new challenges in light of regulatory changes. Whelan outlined a unique perspective on emerging technologies and new business strategies and focused on practical applications for operators and consumers.
SBC Summits have always served as a critical platform for industry leaders, but this year, the event brought together leaders from every function within the sector. The online gambling industry faces immense opportunities and challenges, so navigating this landscape requires collaboration from all departments.
Exhibitions at the SBC Summit
The 2023 SBC Summit Barcelona was divided into five zones:
- Sports Betting Zone – This zone offers all the latest developments in the sports betting industry. Attending were influential senior sportsbook executives from major international operators. Discussions included the evolving relationship between operators and media companies, the future of esports, and sportsbook product innovation. Attendees discovered the next generation of online sportsbook products and everything happening in the global sports betting industry.
- Casino and iGaming Zone – This zone was where users learnt about new iGaming technologies, discovered the hottest new game releases, and participated in high-level interactive gaming.
- Payments Zone – This section allowed attendees to connect with representatives from major international operators, find payment service providers, and interact with Know Your Customers (KYC) experts and world-leading, safer gambling specialists.
- Affiliate, Marketing, and Media Zone – Users caught up on the gambling industry’s latest strategies, technologies, and regulatory challenges.
- Emerging Tech, Blockchain, and Metaverse – This zone offered a chance to test out the latest technologies while gaining insight into emerging trends.
Winners of The 2023 SBC Summit Barcelona
The SBC Barcelona 2023 Summit honored exceptional operators and companies whose unwavering commitment resulted in top-notch customer products and services. The winners were announced across 39 categories – operators, affiliates, media, suppliers, and payment and compliance tools.
Among the winners, best online casino and sportsbook Bet365 retained their title as Sportsbook Operator of the Year. Kaizen Gaming was awarded Casino Operator of the Year and Southern European Operator of the Year 2023. The Betsson Group won the 2023 Innovation in Casino & Gaming awards, Marketing Campaign of the Year, and Western European Operator of the Year. The newest leads are Betiton Casino, Rising Star 2023, and Rhino.bet, a Rising Star in Sports Betting 2023.
The Employer of the Year Award went to Flutter Entertainment, a global sports betting gaming provider with famous brands like FanDuel Casino and PokerStars Casino. The award for Socially Responsible Initiative of the Year went to Entain Foundation. This US-based non-profit company promotes responsible gambling, sports integrity, and corporate compliance in the US.
Software provider Pragmatic Play was awarded Casino/Slots Developer of the Year 2023; Relax Gaming won Innovation in Mobile 2023, and Evolution Gaming kept their title as best Live Casino Supplier. Moving onto payment providers, IDNow, Trustly, and Nuvei dominated the Payment and compliance categories field. IDNow was awarded Fraud and Compliance Solution of the Year, Trustly won the Payment Innovation of the Year prize, and Nuvei won Payment Solution of the Year.
Conclusion
Some 15,000 delegates from every corner of the globe converged in Barcelona for the 2023 SBC Summit to discuss all the latest developments in sports betting and iGaming in international markets. The summit also focused heavily on the technological advancements redefining the industry and how to move forward with Responsible Gambling. Through an 80-hour conference agenda, attendees learned about new products and could then walk through an expansive exhibition floor showcasing the latest products of over 350 new game releases.
To ensure smooth navigation, the floor space was divided into five distinct zones, each dedicated to a specific industry vertical: Sports Betting, Casino & iGaming, Payments & Compliance, Affiliate, Media & Marketing, and Emerging Tech. Attendees could engage in industry meet-ups like the Global Gaming Women Breakfast. The event broadened the delegate’s understanding of critical industry issues, global market opportunities, sports betting, and casino innovation.
Outcomes from the Summit included:
- Strategic Partnerships: Numerous partnerships were forged, promising exciting collaborations in the iGaming sphere.
- Tech Advancements: Participants gained a better understanding of cutting-edge technologies poised to revolutionize the industry.
- Responsible Gaming Commitment: The industry reaffirmed its commitment to responsible gaming practices, seeking to create a safer environment for players.
- Market Expansion: Insights into emerging markets could lead to the expansion of iGaming services into new territories.
Besides seeing all the latest new developments and hottest game releases, the audience was captivated by industry-related talk delivered by a star-studded line-up of 450 of the industry’s brightest experts.
In 2024, the SBC Summit will be held in Lisbon, Portugal. In a calculated effort to meet the needs of the fastest-growing global gaming sector, it is anticipated that the event will be held at the Feira Internacional de Lisboa (FIL) from September 24 to 26, 2024.
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All about the Newest Canadian $1 Bonuses this year
Buckle up as we take you on a whirlwind tour of the freshest 1$ deposit casino bonuses designed exclusively for Canadians. These are not your typical bonus deals – they will give you more of the excitement you would get at a blockbuster movie premiere.
For just one loonie, you can unlock a world of casino fun and even score some free spins to sweeten the deal. It’s your golden ticket to gaming without emptying your wallet. Ready to dive in? Let’s discover the latest 1 dollar deposit bonus Canada for that are as cool as a crisp winter’s day.
Why Are $1 Casino Bonuses So Popular Amongst Canadian Casino Players
Picture this: you walk into a casino, and the minimum buy-in at the tables is a single Canadian dollar. It’s like getting a front-row seat at a hockey game without the steep ticket price. That’s precisely why $1 casino bonuses have become the latest sensation among Canadian players.
Affordability Meets Entertainment
In a country known for its love of hockey and politeness, it’s no surprise that Canadians appreciate a good deal. $1 casino bonuses offer an affordable way to indulge in the thrill of casino gaming. For the price of a cup of coffee, you can unlock a world of entertainment, spinning the reels, rolling the dice, and chasing that elusive jackpot.
A Taste of Adventure
But it’s not just about the budget-friendly aspect. $1 minimum deposit casino Canada bonuses are like an invitation to a grand adventure. You’re not risking a fortune; instead, you’re embarking on a journey where each spin or bet can lead to a potential win. It’s the thrill of uncertainty that Canadians find so appealing.
Bonuses Galore
Let’s not forget the extras. Many $1 casino bonuses come with an added perk – free spins. These bonuses are like finding a bonus donut in your Tim Hortons order. They extend your gaming experience, providing more opportunities to win without reaching deeper into your pockets.
For the Love of Slots
Slot games have a special place in the hearts of Canadian players, and $1 bonuses are a match made in casino heaven for slot enthusiasts. You can try your luck on the latest slot titles with a single dollar, and you might hit that winning combination.
Get 66 Free Spins at Gama Casino for a $1 Deposit
Gama Casino is the place to be if you’re looking for a gaming experience as captivating as the Northern Lights. This Canadian gem has emerged as a top destination for casino enthusiasts, offering an incredible opportunity for players to dive into online casinos. And the best part? It’s all within reach with just a single Canadian dollar.
Gama Casino is not your average online casino; it’s a virtual playground with possibilities as vast as the Canadian wilderness. Gama Casino provides an immersive and enjoyable gaming environment with a wide array of games, stunning graphics, and a user-friendly interface.
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Cat Casino will give you 55 Free Spins on Sugar Rush for $1
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Cat Casino is where your love for slots and your desire for excitement converge. With 55 free spins on the famous “Sugar Rush” slot game, you’ll embark on a sweet journey filled with chances to win. This bonus lets you explore Cat Casino without stretching your budget, making it an ideal choice for slot enthusiasts.
Claiming your bonus is as effortless as a stroll in Stanley Park. Deposit $1, and you’ll receive 55 free spins, ready to spin the reels on “Sugar Rush.” It’s a straightforward process, ensuring you can swiftly dive into the gaming action. Don’t miss out on the opportunity to experience the world of Cat Casino. Deposit, spin, and enjoy the delightful surprises that await! You can read more in our Cat Casino Review.
Another new $1 Bonus is from National Casino
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MDC is dedicated to bringing Canadian players the best in low minimum deposit casino bonuses. With a 1 dollar deposit casino Canada, you’ll receive a generous 150 bonus spins at National Casino. The casino’s diverse game selection and bonus spins create a winning combination for an unforgettable gaming experience.
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How These New Bonuses Stack Up
In round this off, we have found that bonuses at 1 dollar deposit casinos Canada are an excellent way to start your gaming journey without a significant financial commitment. Whether you choose Gama Casino, Cat Casino, or National Casino, you’ll find exciting offers waiting for you. So, why wait? Try your luck and enjoy the games with these exclusive bonuses! To help you compare these fantastic 1$ deposit casino bonuses, here a summary of the key details: