SkyCity Entertainment has announced plans to launch a new Zealand online gaming site under the skycitycasino brand.
The site is being launched through the company’s Mata-based subsidiary. Online gambling, including on international sites, is legal in New Zealand.
SkyCity Chief Executive Graeme Stephens said in a press release that while the skycitycasino online gaming site will be operated from offshore, it will ensure that its obligations under New Zealand GST legislation are complied with.
“Online casinos are widely used by New Zealand customers and this trend will only continue,” he said. “The world is rapidly moving online and our industry is no exception, so we have to ensure we remain relevant to changing consumer trends and preferences.
“As an established land-based casino operator with significant investments in New Zealand and a track record of compliance in a highly regulated environment, we know a great deal about host responsibility and harm minimization,” he said. “We believe the skycitycasino online gaming site offers customers an opportunity to enjoy playing in a safe, secure environment with a brand they know and trust and we will be striving to set the benchmark for any regulation in the future.”
Stephens also said the site will avoid the aggressive marketing associated with offshore gambling sites.
GiG will provide a full-suite online casino solution which includes a technical platform, gaming content, managed services and front-end development. The arrangements will be structured primarily as a revenue share arrangement, with the majority of operating costs variable or directly linked to revenue generation, the release said.
“GiG provides the right balance of experience, coupled with a new software platform relevant to the future and access to high-quality content for online gaming customers,” Stephens said. “”GiG has experience in partnering with land-based casinos through their relationship with Hard Rock International and is licensed in some of the world’s most regulated gaming markets, including the United Kingdom and the United States.’’
