In New Zealand, gaming operators must donate 7% of their profits to community initiatives across the country. The system is one of the most beneficial in the world and provides more money for community projects than most other gambling markets. The money raised from gambling operators is used to fund a wide range of projects, including sports, arts, health and educational initiatives. Many of the gambling grant donations go back to the communities in which they were raised.
Gambling operators donate their money to a wide range of gambling funds across the country, such as Pub Charity and The Lion Club. Community groups and organizations then apply to these foundations for funding. Operators do not handle donations directly to avoid conflicts of interest.
Proceeds donated by gambling clubs provide the largest source of community funding for non-profit organizations in New Zealand. Gambling grants have a more significant impact on community efforts than any other financial resource in the country.
Over the past year, The Lion Foundation donated more than $ 53 million to 4,175 charities and community efforts in New Zealand. In its 26 years of operation, the foundation has awarded more than $ 590 million in gambling grants. Last year, sports received the most funding with $ 20.5 million, followed by community efforts that received $ 16.1 million. Both health and education received more than $ 8 million.
This year, Pub Charity donated $ 24 million. Sports and the community once again received the most funding: sports clubs received $ 7.6 million and community efforts received $ 6.9 million. Education and health services received $ 4 million and $ 3.3 million, respectively. Emergency services received $ 1.9 million.
Unfortunately, funds derived from New Zealand online casinos and other online gambling websites are not used to aid community efforts in the country. This is because overseas gaming websites are not regulated by the New Zealand government. However, politicians are UFABET currently reviewing the Interactive Gaming Act, and the regulation of international gambling websites is not completely out of the question.
A common concern among organizations that require funding is the possibility of receiving funding from problem gamblers. However, The Lion Foundation assures that gambling is not a harmful activity for New Zealand residents. The foundation quotes the Department of International Affairs, which states that “gambling can be a harmless entertainment activity that people can gain personal enjoyment from and that provides other positive social benefits.”