Communicated Content – In the past couple of years, we have seen a massive explosion of online gambling companies and products available to Australian and New Zealand players, particularly after the Australian government relaxed its regulations on online gambling in 2014. As of today, there are nearly 60 online gambling companies to choose from, with several of them servicing a multitude of other games and products as well, many of them being available to anyone in Australia and New Zealand, even the land-locked. These markets are big, and Kiwigambling.co.nz will help you easily navigate the market and help you find reputable and trusted online gambling platforms.
With all of these new platforms available, the question has to be asked. What makes Australia and New Zealand online gambling different from online gambling in the UK? Is there any difference at all? Can players in both countries enjoy their online gambling products? What is the difference between each of the Australian and New Zealand online gambling marketplaces, and what does each offer? Let’s go through each of these topics and find out what makes each of these marketplaces different.
Online Gambling in Australia
The online gambling market in Australia has been growing at a faster pace than anywhere in the world. The market size in Australia is massive. According to the Gambling Information Media and Research Association, the total size of the Australian online gambling market was AU$11.27 billion in 2017, and by 2023, it will grow to AU$28.74 billion.
Online Gambling in New Zealand
In New Zealand, the online gambling market is a lot smaller than in Australia but also growing at an incredible pace. According to the Gambling Information Media and Research Association, the New Zealand online gambling market in 2017 was NZ$1.06 billion, a little more than 1/6th of the Australian online gambling market. The numbers keep on growing, and by 2023, they expect the online gambling market to reach NZ$1.92 billion.
What’s the Difference Between the Markets?
One of the reasons that Australia and New Zealand are so big in online gambling is because both countries are relatively small countries, so they have a large pool of people who are willing to gamble and are aware of the fact that online gambling is possible. This means there is a lot of money being spent on online gambling in Australia and New Zealand, even if the money spent is smaller than the whole of the online gambling market in the UK. It is easy for online gambling companies to find a way into these markets.
As of today, there are about 60 companies in the UK online gambling market, and only about half of them are offering online gambling products to customers in Australia or New Zealand. The other companies don’t offer online gambling products or are willing to serve only a few countries with their products, be it an online poker room or a gambling site with a big assortment of online blackjack games.
There are a few companies that have online gambling products available in Australia and New Zealand, but a lot of them are only available in one of the countries. For example, CrownBet is only available to Australian players, and Bet365 is only available to New Zealanders. All of these companies are online gambling companies in their own right. However, as of today, only a few have really embraced the Australian and New Zealand markets.
What Makes Them Different?
The main difference between the Australian and New Zealand markets compared to the UK markets is that there are much fewer providers available. The UK is massive in online gambling, with nearly 60 companies all willing to offer online gambling products to UK players. In Australia and New Zealand, there are only two providers offering online gambling products – Bet365 and William Hill. This means that the market is much smaller, and so the market leaders have a much bigger advantage in the market.
Is It the Same Online Gambling Market?
Of course, not. There are a lot of similarities between the online gambling markets in Australia and New Zealand. Both markets are growing and both have a huge amount of money being spent there. For example, there is about AU$1 billion being spent on online poker in Australia. Even though the markets are growing so fast and have so much money to be spent on them, the online gambling market in the UK is massive compared to either market, and there are far more providers.
If you take a look at each of the online gambling marketplaces in the UK, there are at least 10 or more online gambling companies offering online gambling products to UK players, sometimes more than 20. This is why in the UK, there are so many more online gambling products available to players. If you feel lost and have no idea of what casino site to choose, then it is highly recommended to check casino reviews and ratings on OnlineCasinoGo. Thus, you will find the most important information in one place and will not have to research any further.
In Australia and New Zealand, there are only two companies offering online gambling products, even compared to the UK, which is more than half the market. This means that there are still so many products to choose from, and there is still so much money being spent in the market, but there are still not a lot of choices. This will not be the case in the future when there are even more providers joining the market and the market itself grows, though, to a much bigger market. However, in the UK, there are still more companies offering online gambling products than in Australia and New Zealand.
