Some of you may have heard about New Zealand’s Advertising Gambling Code that will go into effect on August 1st, 2019. The NZ Advertising Gambling Code was created to make the terms and conditions of online casino bonuses easier to understand by those signing up to play online pokies or other forms of online gambling.
Today, we will take a look at this new code and whether it is something that is helpful to online casino players in Australia.
What is the NZ Advertising Gambling Code
Next month, a new Advertising Gambling Code passed by New Zealand lawmakers will go live.
The purpose of this legislation is to force online casino and gambling operators to practice “truth in advertising”. This includes making things easier for people to understand when using online casino bonuses.
There have been a few problems with the way that some operators offered casino bonuses in the past. They would create elaborate terms for those bonuses, many times in language that was difficult to understand. Also, the terms were often so long that most people didn’t want to spend time reading them.
In addition, locating these terms and conditions can be difficult. Yes, they are available on the site. However, they are usually buried in a different section and the links to finding them can be hard to find.
The NZ Advertising Gambling Code will change all that. For starters, the Terms and Conditions on all online casino bonuses must be clearly referenced. That means the operator will be required to list the terms of the bonus in its promotion or provide a prominent link in the offer.
Next, those terms must be in plain English for people to understand. If you have visited any of the online casinos we feature on our homepage, you will notice that the terms of bonuses are clearly explained in just a paragraph or so. This way, you know what to expect when playing.
How Does This Help Players?
This new code will benefit online casino players as it gives them all of the information needed when choosing to play on a casino bonus. For example, if a new reload bonus at Joe Fortune has a playthrough of 30x and is limited to just pokies, while a similar bonus at Kahuna Casino has a playthrough of 25x and is for both pokies and Keno, then you subsequently may want to go with the bonus with the more flexible terms.
The ultimate goal of this law is to educate gamblers about what to expect from an online casino bonus. Did you know that some casinos offer non-cashable bonuses? This means your bonus funds will be deducted once you make your first cashout. This type of term sometimes gets lost in the long list of terms. The new code requires casinos to inform you about this fact.
Industry Shift Towards Greater Player Protections
New Zealand’s new code may seem like a revolutionary shift in thinking for online casino gambling. Still, it is not a new idea. The UK Gambling Commission (UKGC) actually has similar requirements for the casinos that they licence. In fact, the UKGC goes a step further. The authority requires that online casinos offer bonuses that lack a playthrough and are free from cashout restrictions like you see in most of the industry.
What the New Zealand code does accomplish is it forces online casinos in the region to adhere to a growing shift in the industry towards player protections. Online casinos will have to provide players with all the information they need to make smart decisions. This will then help make online gambling a positive experience for players.