Skin betting is legally defined as gambling in Norway

The Norwegian Gaming Authority (NGA) will start controlling and sanctioning operators who offer these services. The modality refers to buying features for virtual games and trading them during the performance or in real life.

According to the current law, skin betting is part of gambling and must be regulated by a governing body. Currently, Norway does not have a specific regulation on the issue, so the NGA is not able to deliver legal licenses for interested operators. The market is purely controlled by the state.

Check Also

WSB Amusnet south africa

WSB Integrates Amusnet ‘s Premium Slots

Amusnet has announced a new partnership with World Sports Betting (WSB), one of South Africa’s …

UK illegal gambling sponsorship ban

UK Government Cracks Down on Unlicensed Gambling Sport Sponsorships

The UK government’s Department for Culture, Media and Sport (DCMS) has begun a consultation to …