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The Latest in norway
Industry
March 4, 2024
Norway’s Tough Gambling Rules May Impact Players Outside the Country
Across Europe, gambling regulations vary from one country to another. While there are rules on a European level related to anti-money laundering, for example, other regulations can vary greatly. Some jurisdictions do not allow online gambling operators without a license to offer their services to customers in their respective countries. Others have more lax rules […]
Industry
February 13, 2024
Norway’s Gambling Authority Issues Influencer Warnings
Norway’s Gambling Authority founded in 2001 to supervise the administration and oversight of gaming controlled by the state and private, Lottstift, has stated that it will take a zero-tolerance approach to social media platforms promoting live streams and content revolving around online gambling. The country has imposed a total blackout on gambling advertising. According to […]
Business
December 6, 2023
TrueLayer Announces Nordics-Oriented Tie-up with Lunar
Nordic challenger bank Lunar has teamed up with TrueLayer, a leading open banking payments network in Europe. The new alliance will see the two companies “redefine the payments landscape” across Denmark, Norway and Sweden. According to the announcement, the new partnership will bolster TrueLayer’s instant payment capabilities in the aforementioned markets through seamless integration with […]
Business
November 27, 2023
Norsk Tipping Names Tonje Sagstuen Permanent CEO
Norsk Tipping, the Norwegian government-owned gambling company, confirmed changes to its senior-level management this summer. The company unveiled back in August that Tonje Sagstuen, a seasoned executive with extensive experience, will take over the role of acting CEO, effective from September 1, 2023. At the time, she was appointed to an interim CEO role while […]
Industry
October 23, 2023
Norway Proceeds with DNS Blocking Plans
Norway continues its efforts to protect its gambling monopoly from foreign competition. To that end, the government has now proposed legislation that would introduce DNS blocking. Norway is one of the few European countries that have yet to introduce a licensing model. Instead, the Nordic state continues to maintain its gambling monopoly, only allowing Norsk […]
Industry
September 25, 2023
Lotteritilsynet to Ensure Banks Do Not Interact with Offshore Operators
Norway continues its battle against unlicensed gambling websites. As offshore operators continue to target consumers in the country, the local gambling regulator, Lotteritilsynet, decided to monitor several banks to make sure they don’t interact with such companies. As outlined in Section 5 of the Norway Gambling Act, Norway prohibits banks from allowing customers to deposit […]
Casino
September 14, 2023
Norway: Gambling Regulator Says Kindred Will Exit the Market
The gambling regulator in Norway, Lotteritilsynet, announced on Thursday that a dozen gambling operators, offering their services illegally in the country are expected to leave the market. Overall, 15 operators are currently in the process of withdrawing from the market, revealed the regulatory watchdog. While Lotterilsynet did not name Kindred, it referred to the leading […]
Business
August 15, 2023
Norsk Tipping Selects Tonje Sagstuen for Acting CEO
The Norwegian government-owned gambling company, Norsk Tipping, announced it has started the process of appointing a new chief executive officer (CEO). The company confirmed Monday that starting from September 1, 2023, Tonje Sagstuen will take over the role of acting CEO, until a permanent appointment is announced. Sagstuen is a famous handball player from Norway, […]
Business
June 29, 2023
Norsk Tipping Bids Farewell to CEO Thor Gjermund Eriksen
Despite only serving as CEO for less than a year, Eriksen was instrumental in advancing many of the operator’s safe gambling policies and social initiatives. He will remain with the company for a few more months to assist in the search for his successor and ensure a smooth transition. The leadership change should not disrupt […]
Industry
June 23, 2023
Norway’s Culture Minister Faces Scrutiny Over Controversial Appointments
Norway’s culture minister Anette Trettebergstuen is facing scrutiny over her recent appointments of former colleagues to board positions at Norsk Tipping, a state-owned gambling company. Controversial Appointments and Allegations of Favoritism Surround Norway’s Culture Minister One of the appointees, Thomas Breen, was made a member of the board in April 2022, while Sylvia Brustad was […]