Posted by As written under the Gambling Act of 2003, Subpart 7 entitled “Offences relating to gambling in casinos” there are three offences in total. Keep in mind that these offences are punishable by law.
The punishment includes imprisonment not exceeding three years or a fine not exceeding $50,000.
The level of punishment is of course according to which subsection was violated. To put this into perspective, here are the three gambling offences.
Cheating
Section 351 subsection 1 reads “Every person who commits the offence of cheating in a casino venue who knowingly contravenes the rules of a game to obtain a pecuniary advantage (whether directly or indirectly) on the person’s behalf or on behalf of any other person.”
There have already been reports of casino cheating with players conspiring with dealers. Violators caught cheating may be imprisoned not exceeding 1 year or pay a fine not exceeding $20,000.
In possession of equipment for cheating
If an individual is caught in possession or using equipment capable of manipulating the casino game’s outcomes, he or she will face the law. The usage of such equipment in a way, gives the cheater the edge, beyond the established house edge for casino games.
The house edge is seen as a given advantage to casino games over players. So, the higher the house edge, the lower your chances of winning. Cheating equipment not only decreases the house edge but eliminates it.
That will result in serious payouts coming the cheater’s way.
This is punishable by imprisonment not exceeding one year or a fine not exceeding $20,000
Counterfeit Chips
Using, selling, and distributing counterfeit chips to be used for gambling at a casino venue is against the law. Out of all the offences, this one is considered the most serious one.
Counterfeit chips are imitations of casino chips that have a monetary value. The forgeries of this casino currency is an issue not only in New Zealand. The punishment for this crime is at least 3-years imprisonment and a fine no more than $50,000.
There are so much more to learn about the Gambling Act of 2003. The prohibitions under the law are to promote legal casino and gambling operations. But that is not all. It is also there to protect people from the threats of gambling.