Overview of The Online Gambling Market In Norway

Gambling in Norway is not as fun as you might think. This is because Norway has some of the most rigid and strict anti-gambling laws in Europe. Since Norway is not a member of the European Union (EU), the nation is not subjected to the influence of external countries and European gambling policies. Unlike Norway, neighbours such as Finland and Sweden have been strong-armed into relaxing their grip over government-controlled gambling monopoly.

For the most part it, gambling has been illegal in the Norwegian community. In 2008, the Norwegian laws made it illegal for citizens to play on other foreign sites. However, this law has not been enforced as many Norwegians engage these sites from time to time. Online casino sites such as CasinoHEX Norge offer quality gaming services to Norwegians.

Gambling in Norway is regulated by the Gaming Scheme Act of 1992, the Totalisator Act of 1927 and the Lottery Act of 1995. These three laws form the legal framework for all gambling and lottery activities in Norway. The regulations proscribe operators from engaging in any form of gambling activity without a license. The National Gaming Authority is the national regulatory body for all gambling activities in Norway. They are also responsible for issuing licenses to operators. These regulations are used to regulate both land and online gambling in Norway. Any act of deliberate or negligent violation of the provisions of these regulations is considered a crime. Offenders would be penalized with fines, imprisonment or both.

Norsk Tipping and Norsk Rikstoto are the only two operators with the exclusive rights to provide the Norwegian populace with all gambling services. Norsk Tipping offers gambling services like lotteries, keno, sports betting, and other games. It is owned by the Norwegian government and controlled under the Ministry of Culture and Church affairs. Although state-owned, the Norsk Tipping is subject to several operation restrictions such as when and how much players can bet.

In January 2019, the Norwegian government placed an age restriction on all gambling activities. All players must be up to 18 years old before they can participate in any gambling activity on the Norsk Tipping site. Norsk Rikstoto is also owned by the government of Norway. It offers gambling services for horse race betting – the biggest sport in the whole of Norway.

The most popular wagered sport in Norway is harness racing. There are over 19 different racecourses located in several parts of the country. Norwegians are to place their bets with Norsk Tipping or Norsk Rikstoto which are the major betting organizations in Norway.

The right to offer online gambling services in Norway is exclusively reserved for the two betting power-house in the country. However, the Acts do not outrightly forbid citizens from participating in unlicensed online gambling activities within the country. What this means is that Norwegians can engage in online gambling activities on websites that have not obtained a license from the Gaming Authority.

The legal regulations for online and landed gambling activities cover the Kingdom of Norway and the Archipelago of Svalbard (Spitsbergen). Although no definite figure has been recorded, the biggest gaming operators have stated that the gambling market in Norway is estimated to have a total net of €1.2 billion in 2016.

Conclusion

Online gambling in Norway is restricted to the two licensed gambling institutions. Other forms of online gambling games offered by local or foreign operators are considered. Although online gambling is a big deal in Norway, the laws and regulations are enough to take the fun out of it.

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