The Cook Islands is an island nation in the South Pacific where gambling is legal. The Cook Islands are comprised of 15 inhabited islands and is a related state of New Zealand. While New Zealand deals with the foreign affairs of the Cook Islands, the islands legislate for themselves.
The Cook Islands became an offshore financial paradise for various companies in the 1980s. The country was blacklisted by the Organization for Economic Cooperation and Development in 2000 for noncooperation to limit money laundering and tax evasion. The Cook Islands have since been blacklisted, though some still regret adhering to the regulations.
Gambling has been legalized and has become popular in the Cook Islands since the 1990s. There are no casinos in the Cook Islands, and locals are vehemently opposed to opening casinos in the country because they feel like they see that would ruin the atmosphere and nature of the islands.
However, other forms of gambling are also available, including Australian and New Zealand lotteries. The most common form of gambling in the Cook Islands is bingo or “housie,” as locals call it. Gambling on the islands requires a license as well as an associated fee.
Online gambling is also legal in this archipelago, although it is quite controversial. Since the Cook Islands has not set up its licensing regime for online casinos, it is wise to make wise choices for the gamblers who love roulette in this archipelago and choose only legitimate international casino sites.
In the 1980s, the Cook Islands government began to license online gambling to international gambling companies with capital of at least $1,000,000 at a fee of 5% profit.
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