Over the past few years, iGaming has reached a new level. Initially, these were small companies that only provided services to gamblers around the world. Over time, the level of iGaming has grown so much that various stocks and investment opportunities began to appear. One of the most promising regions at the moment is New Zealand.
Growth of iGaming in New Zealand
It’s no secret that New Zealanders are one of the coolest and most active gamblers among others. The iGaming period began back in 1994. New Zealanders, as a very gambling nation, naturally could not miss online casinos and gambling sites featured at CasinoDeps.co.nz and other informational portals. Kiwis join top NZ casinos offering numerous pokies, a bunch of bonuses and providing a variety of payment options.
Microgaming has become the first online slots provider in New Zealand. Over time, the legislative aspect has changed, and laws and rules for players and gambling companies have improved. As a result, iGaming in New Zealand is currently one of the top progressive and promising business segments, which has provided an opportunity for stocks and investments.
Top New Zealand iGaming Stocks
Now there are 6 licensed casinos in New Zealand, which are controlled by the government. They are located in the cities:
– Christchurch;
– Dunedin;
– Hamilton;
– Queenstown;
– Auckland
But in order not to list all their pros and cons, we have collected 3 promising and respectable iGaming stocks in New Zealand, which are actively developing every year.
SkyCity Entertainment Group
Courtesy of skycityentertainmentgroup.com
The largest casino group is Skycity Entertainment Group (SEG). Four large casinos belong to it: two in Queenstown, one in Auckland and one in Hamilton. Two casinos in Dunedin and Christchurch are regulated by private operators. The actions of all gambling establishments are strictly regulated and limited by law.
In May 2013, a SkyCity Casino in Auckland received permission to expand (230 additional slots and 40 gaming tables) only after investing USD 402 million in the construction of the city’s convention centre.
Various experts, analysts and brokers call SkyCity Entertainment Group monopolists. On the one hand, this may seem true. But on the other hand, it’s just one of the strongest brands in New Zealand.
Aristocrat Leisure Limited
SEG is called a monopoly in terms of online and offline platforms, and Aristocrat Company is in third place in the slots industry and is one of the top 5 largest players in the social casino market. A large number of slots currently available at New Zealand online casinos are owned by Aristocrat Leisure.
The Australian online casino publisher acquired Estonian-Israeli-born Playtech several years ago in an asset consolidation deal. But that’s not all. Interactive gaming is the fastest-growing segment for Aristocrat Leisure. They previously bought out a San Francisco-based social gaming provider and tripled their social gaming profits.
As a result, their capital and profits constantly increased. As a result, this allowed them to enter the stock market and gain a foothold among other gambling companies like SEG.
Crown Melbourne Limited
And last but not least Crown Melbourne Limited. Crown Melbourne is one of only 21 casinos based in Oceania and one of 15 casinos located in Australia. Unlike the previous two companies, Crown Melbourne was originally a large complex for entertainment and recreation which developed into an iGaming stock.
Of course, the available entertainment included a casino with dozens of tables for card games and hundreds of one-armed bandits. During the active growth of iGaming, the company did not immediately become active, unlike SkyCity Entertainment and Aristocrat.
The reason for this was the lack of resources to promote the online segment of the company, i.e. online casinos and bookmakers. But the company quickly found a way out and additional funds to launch various platforms in the New Zealand and Australian markets.
Why these particular regions? As mentioned above, the New Zealand online gambling market is one of the most popular in the world. It would be incorrect on the part of social policy to leave Australia as a region where the company is based, without iGaming.
Conclusion
As a result, we want to note that of these three iGaming stocks you should consider in New Zealand, each one is trusted. As always, there are risks and prospects of a market collapse, but this does not threaten the iGaming market in New Zealand.
This region is the most promising and active, which affects the interest rates on the stock exchanges. In our opinion, the best stock is Aristocrat Leisure, since the company has occupied a niche of slot games, which are the most popular among NZ gamblers.
