The New Zealand Gambling Authority (KSA) has indicated that the casino industry has to deal with huge blows from the corona pandemic. Where online casinos the physical casinos stayed with the baked pears. The KSA says revenue halved in 2023 as a result of the lockdowns.
Although the Royal Vegas Casino holds a state monopoly which makes it the only casino in New Zealand where there are live dealers in the casino, the company has had to deal huge blows due to the pandemic. In 2020, it was converted to roughly half compared to 2019 when there was no pandemic going on.
The corona measures ensured that more than 700 million dollars less income came from gambling in 2020. The KSA divides the gambling activities in New Zealand into 4 parts; lotteries, sports betting, casino games and slot machines. While the casino games in 2019 were still zodiac, responsible for 10.7% of the total turnover in the gambling sector, in 2023 it was only 6.4%.
The average New Zealander spent an average of $ 165 on gambling in 2020. In 2019, it was $ 221 million. So the spending pattern is also significantly reduced compared to before the pandemic. New Zealand is still, as before the crisis, in the middle band of dollarpa when it comes to average spending on games of chance.
