A lack of regulation has made New Zealand an easy target for online gambling providers, reports Newsroom, with estimated spending increasing from $139.3m in 2014 to $332.6m in 2020. NZ’s unregulated online gambling space is expected to hit $600 million by 2025 if the Government doesn’t step in to stem “aggressive targeting” from offshore providers. In Europe, 21 countries have regulated online gambling since 2001, while almost half the American states have passed online betting regulation since 2018.
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