Top-Rated iGaming Stocks in New Zealand

Investors rarely consider the iGaming sector when searching for assets to purchase. And it’s a common mistake, as online gambling is a real goldmine! Buying stocks of renowned operators is more beneficial than you could ever imagine. 

The sector has been experiencing a boom in recent years; the trend continues growing and is predicted to generate $107 billion in revenue in 2024. New Zealand is among the most alluring target markets for international casino companies, as locals gamble heavily and invest millions of dollars in this entertainment. 

The popularity of online gambling and its further advancement in the region gives positive trends for future industry growth. Do you need any more reasons to invest in the industry?

New Zealand Online Casino Industry Overview

New Zealand is a popular gambling hub. According to the Gambling Act 2003, land-based casinos are absolutely legal in the country. On the other hand, domestic platforms are not allowed in the country. However, the current legislation doesn’t prohibit foreign iGaming operators from entering the market. 

Since there is no law prohibiting New Zealand residents from gambling at offshore platforms, many low-deposit online casinos are extremely popular. Kiwi players enjoy a broad choice of $1 deposit casino brands with multiple benefits. According to statistics, over 80% of NZ residents are engaged in gambling, which is a really significant number. 

Several majestic gaming houses are located in Auckland and beyond, and these destinations are incredibly popular among bonus hunters both from New Zealand and beyond. The industry is rapidly developing in the country, so it’s the right time to purchase stocks and profit from them. Explore the best iGaming operators to invest in!

SkyCity Entertainment Group

This famous Casino Group is one of the main market players in the region. It operates several brick-and-mortar casinos with hotels throughout Australia and New Zealand. The company’s stock prices have decreased in recent years: after reaching its peak in 2017 ($5.5 per share), the cost dropped to $1.9 in 2024. 

SkyCity Entertainment Group’s market capitalization now stands at $1.47 billion, which is considerably low compared to its main competitors. But still, investing in the company requires a long-term strategy.

 

The corporation continues expanding its influence in NZ, so it’s predicted that the price will skyrocket again. Currently, SkyCity Entertainment Group operates three hotels, five casinos, one virtual gaming platform, and multiple restaurants across Australia and New Zealand. The company heavily relies on iGaming sector, so investing in its stocks now is a great idea. 

However, be ready to wait: according to statistics, its revenue dropped since 2020, but experts predict positive growth in the following years.

Crown Melbourne Limited

This Australian-based company was launched in 1994, and over two decades of experience in the industry allows it to know what its customers need. Crown Melbourne Limited also operates in New Zealand and has a strong impact on the country’s gambling industry. 

The corporation manages international casinos and hotels in both states, so purchasing its stocks is a long-term investment. The market capitalization of Crown Melbourne Limited reached 8.86 billion and is projected to grow even more in the following years.

 

The company’s stock price is $13.09 at the moment, and the company is not planning to stop its development and is yet to conquer the digital sector. Crown Melbourne Limited is an undisputable leader in providing entertainment and fun, so it will hardly lose its relevance, which makes it a titbit for potential investors. 

Aristocrat Leisure LTD

The company is one of the oldest market players. Established in 1956, it boomed the industry by creating innovative gaming machines for brick-and-mortar casinos. Aristocrat Leisure LTD is headquartered in Australia but provides services across different countries. New Zealand is among its primary target markets, as locals are known as passionate gamblers.

 

The corporation has significantly evolved during its decades of operation. Rapid digitalization forced the game developer to switch to the online world. Its market capitalization peaked at $28 billion, with massive growth potential. The Aristocrat Leisure LTD stock price is now $44.44, but it changes rapidly depending on numerous factors. 

Even though significant fluctuations have not been noticed recently, experts predict a tremendous growth in cost per share. Besides being a renowned game provider, the corporation heavily invests in technologies, remaining in demand for many years. This feature makes it more attractive for investors; the iGaming sector is rapidly evolving and is not predicted to lose popularity in the future.

Concluding Thoughts

The iGaming market is rapidly developing in multiple regions globally, but New Zealand remains the main target market for numerous gambling companies. The country’s residents are known as passionate risk lovers, so, unsurprisingly, the industry is booming there. 

Foreign stocks have become significant players in the New Zealand market, contributing to its diversification. Entain Stocks, a prominent foreign investment, recently partnered with TAB NZ, a move expected to significantly impact the local gambling market and economy due to its position as one of the world's largest sports betting and gaming groups.

Local regulations allow the operation of land-based gaming houses and overseas iGaming operators. Purchasing stocks of top-rated gambling companies is beneficial, but don’t anticipate enjoying quick profits. Instead, consider long-term investments in Aristocrat Leisure LTD, Crown Melbourne Limited, and SkyCity Entertainment Group. 

These corporations are the undisputed leaders in the region, and players’ demand for their services grows daily.