Gambling News - 'Norway'
Industry
October 10, 2024
Lotteritilsynet to Investigate Norsk Tipping over Self-Exclusion Failure
Lotteritilsynet, Norway’s gambling regulator, is set to investigate Norsk Tipping over potential self-exclusion failures. As reported by local news outlet NTB, clients found themselves unable to exclude themselves from playing with the operator’s mobile app. Players Were Unable to Exclude Themselves from Playing The self-exclusion failure was self-reported by Norsk Tipping in June. According to […]
Industry
September 27, 2024
Norsk Tipping Slapped with $427K Fine in Norway
According to the Norwegian gambling regulator, the Lotteries and Foundations Authority, Norsk Tipping has failed to meet the standards set out by the Money Gambling Act. Norsk Tipping gets fined for overpaying a player The operator is said to have paid a player $2.25 million without sticking to due process. The player in question was […]
Industry
September 11, 2024
Norway’s Gambling Monopoly May Be Nearing Its End
Norway’s Conservative Party – Høyre – has called for the end of the Nordic nation’s long-standing gambling monopoly in its latest party manifesto. If successful, this effort could see a fully liberalized market as early as 2028. Norway remains the only Scandinavian country with a state-controlled gambling monopoly after its neighbors introduced milestone reforms to […]
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 […]